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Emily Perry

emilyperryrealtor@gmail.com +1(905) 716-1651

$ 718,000

Est. payment | -/mo

6 Beds

2 Baths

Save

$ 718,000

Est. payment | -/mo

Save

6 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision North K

MLS Listing ID X13818204

Style Bungalow

Bedrooms 6

Annual Tax Amount $6,165

Tax Year 2026

Property Sub-Type Detached

Property Description

DUPLEX ON THE THAMES RIVER!!! Exceptional investment opportunity with strong multi-unit income potential. This well-appointed duplex bungalow features a fully finished lower level and an outstanding location near downtown London and Western University. Residents enjoy convenient access to a wide range of amenities within walking distance, along with nearby public transit at Oxford Street and Western Road. The property also borders the Thames River and offers beautiful views of the river, Gibbons Park, and London's iconic Thames-Oxford Railway Bridge. The main level features three spacious bedrooms, a full kitchen, and a complete bathroom. The lower unit offers an additional three bedrooms, a separate full kitchen, and a full bathroom-providing versatile rental options and comfortable living space for tenants. Previously generating more than $51,000 in annual net income, based on rental income of approximately $717 per bedroom per month plus utilities, this property is designed for efficient cash flow. Both units are separately metered for hydro, while gas heating and water costs are shared between the tenants. With its rare riverfront setting, flexible layout, and proximity to downtown and Western University, this is a unique turnkey investment opportunity offering excellent long-term value. Don't miss your chance to own one of London's most distinctive income properties.

Location

Province ON

County Middlesex

Area Middlesex

Body of Water Thames River

Rooms

Family Room Yes

Basement Full, Finished

Kitchen 2

Interior

Interior Features Accessory Apartment, In-Law Capability

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Double

Pool None

Waterfront Description Indirect

View Bridge, City, Forest, River, Trees/Woods, Water

Roof Type Asphalt Shingle

Road Frontage Year Round Municipal Road

Lot Frontage 65.72

Lot Depth 151.53

Total Parking Spaces 6

Building

Building Age 51-99

Unit Features Cul de Sac/Dead End,Greenbelt/Conservation,River/Stream,School Bus Route,Waterfront

Foundation Concrete Block

Others

Security Features Monitored

ParcelsYN No

Listed by RE/MAX CENTRE CITY REALTY INC.

Schools and Properties Nearby

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+1(905) 716-1651

emilyperryrealtor@gmail.com

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2 Saunby ST London North, ON N6G 1A1