135 days on Market

578 WATERLOO St, London East, Ontario N6B 2P9

Detached
5
2
~1500-2000 sqft
$•••,•••
$799,900
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Detached
5
2
~1500-2000 sqft

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Highlights

Property Estimate

Days on market135 days

Estimated valueNot available

Price/Sqft$466/sqft

Monthly cost

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CMA Subject Property

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+11

Properties sold*

$690K

Median sold price*

*Based on last 30 days

Description

THIS IS THE ONE THAT YOU HAVE BEEN WAITING FOR! Stunning turn-key DUPLEX located in the heart of the historic Woodfeld 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 fooring throughout. Updated kitchens with newer appliances included. Main foor 3 bedroom unit currently rented for $2,400/month plus hydro. Upper foor 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 fnally call yourself an investor. Do not miss this opportunity to build your real estate portfolio!


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size5,445 SqFt(165 x 33)
Parking Spaces3
MLS ®NumberX11973368
Community NameCentral London
Data SourceTRREB
Listing byCENTURY 21 FIRST CANADIAN CORP

Features

Heating: Forced Air
Basement: Unfinished, Part Bsmt

Main Floor

Living

3.81 x 4.37

Kitchen

3.84 x 3.81

Primary

3.81 x 3.48

Br

3.68 x 3.07


Features

Lot size: 5,445 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Market Data - Central London

Geo Zone Map ThumbnailCentral London

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

21 days

Compared to

2024

37 days

2023

33 days

2022

7 days

New Listings

Past 30 days

27 listings

Compared to

2024

26 listings

2023

21 listings

2022

26 listings

Units sold

Past 30 days

3 units

Compared to

2024

11 units

2023

8 units

2022

11 units

Median Sold Price

Past 30 days

$476,900

Compared to

2024

$689,900

2023

$640,000

2022

$530,000


Population and Demographics

Overview

Total population 16774
Average household income $95,260

Age (%)

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

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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget