A pic of a room for 12 MCDONALD Ave, London Ontario N6G 1B1
3 days on Market

12 MCDONALD Ave, London, Ontario N6G 1B1

Townhouse
6
3
- sqft
$729,000
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Townhouse
6
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,131/mo

Tax Amount (2024)$4,300/yr

Days On Market3 days


Description

LEGAL duplex in a very desirable location close to Western University on a cul-de-sac. The first unit includes 4 rooms two on the main floor and two in the finished basement. There is a full bathroom on both floors as well as a laundry unit, full kitchen on the main floor, and semi-kitchen in the basement (hotplate, fridge, microwave). The second, two-bedroom unit is at the back of the house and has its own separate and private entrance with a full kitchen, bath, deck, balcony and laundry unit. In addition to a porch deck, the back unit also has a balcony facing the spacious backyard. This house has a lot of rental potential with two, complete separate units and 6 rooms overall. It has been a very profitable and cash flow positive investment. It is currently rented out, so we require a min. 24-hour notice before holding showings. New roof (Sep 2022) on the front unit. Tremendous value for an investor or anyone wanting to live in one unit while renting out the rest of the house. The unique construction of front and back units provides extra privacy. Recently (2018) installed pot lighting and new appliances in the front unit. The house was fully renovated in 2008 and is very modern with a large parking lot. Prime area right at Oxford and Wharncliffe, very desirable both for family living and student rentals. Take decision after a showing as this is a very unique property. Flexible closing. Link to videos and more photos - https://drive.google.com/drive/folders/1bZebZieRMjUyI7VSLnzhtfxqFILsjZCt. The rear unit is rented out for 1,250 and one basement room for 800, . 3 rooms are still vacant which should yield between 2,500-2,800.


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size6,210 SqFt(207 x 30)
Parking Spaces6
MLS ®NumberX12050184
Community NameWest London
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Finished, Full

Main Floor

Br

4.8 x 3.57

Bathroom

2.0 x 3.0

Bathroom

2.0 x 3.0

Kitchen

3.48 x 3.45


Features

Lot size: 6,210 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property listed by RIGHT AT HOME REALTY, Brokerage
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Population and Demographics

Overview

Total population 24351
Average household income $83,663

Age (%)

20 to 34
34%
65 and plus
21%
0 to 19
16%
35 to 49
15%
50 to 64
14%

Household composition (%)

Single person
46%
Single family
43%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
69%
Arabic
8%
Mandarin
6%
Spanish
5%
Others
5%
Korean
1%
Urdu
1%
French
1%

House tenancy (%)

Renters
78%
Owners
22%

Schools and amenities

Estimated Budget