8 days on Market

578 WATERLOO St, London, Ontario N6B 2P9

Other
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-
- sqft
$819,900
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Other
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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,521/mo

Tax Amount (2024)$5,003/yr

Days On Market8 days


Description

THIS IS THE ONE THAT YOU HAVE BEEN WAITING FOR! Stunning turn-key DUPLEX located in the heart of the historic Woodfield district. This beautifully maintained property has been renovated from top to bottom without losing any of its original character and charm. An amazing investment opportunity offering a lucrative return on investment. Perfect for an owner occupied. Live in one unit and have the tenant pay your mortgage! Both units feature high ceilings, stained glass windows, impressive woodwork and gleaming hardwood flooring throughout. Updated kitchens with newer appliances included. Main floor 3 bedroom unit currently rented for $2,400/month plus hydro. Upper floor 2 bedroom unit currently rented for $2,100/month plus hydro. Both A+ tenants. Basement currently rented as storage for $200/month. Convenient in suite laundry. Separate entrances for additional privacy between units. Oversized private concrete driveway with parking for 3 cars. Zoning: R3-2, OC2 permits for a variety of uses including commercial opportunities. Ideally located within close proximity to great schools, restaurants, public transit, Canada Life Place, Fanshawe College-Downtown Campus, Victoria Park and great shopping along Richmond Row. Time to stop thinking about owning income property and finally call yourself an investor. Do not miss this opportunity to build your real estate portfolio!


Property Details

StyleApartment
View-
Age of property-
SqFt-
Lot Size5,445 SqFt(165 x 33)
Parking Spaces3
MLS ®NumberX11968922
Community NameCentral London
Data SourceTRREB
Listing byCENTURY 21 FIRST CANADIAN CORP

Features

Heating: Gas Forced Air Open
Cooling: N
Basement: Y

Features

Lot size: 5,445 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by CENTURY 21 FIRST CANADIAN CORP, Brokerage
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Population and Demographics

Overview

Total population 16774
Average household income $95,260

Age (%)

20 to 34
38%
50 to 64
18%
35 to 49
17%
65 and plus
16%
0 to 19
10%

Household composition (%)

Single person
57%
Single family
33%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
87%
Others
4%
Spanish
3%
Arabic
2%
French
2%
Portuguese
1%

House tenancy (%)

Renters
77%
Owners
23%

Schools and amenities

Estimated Budget