$535,000
London East
321 Salisbury Street, London East (East G), Ontario, N5Y3A8
This multi-family property in London East is for sale offering roughly 900 sq ft of space. It has been on the market 32 days, fresher than the London East average of 73 days.
Turnkey legal duplex offering an exceptional opportunity for investors or end-users seeking the ultimate mortgage helper! The extensively updated upper unit features 3 bedrooms, a spacious light-filled living room, a generous kitchen with direct access to a freshly painted rear deck, an updated bathroom, and fresh paint throughout. The fully self-contained lower unit offers a private front entrance, 2 bedrooms, large windows, an open-concept living/dining area, and a private kitchen. Both units have convenient access to shared basement laundry with interior access. The lower unit is currently rented for $1,500/month plus utilities, providing immediate rental income to help with mortgage costs. The tenant can be assumed by the buyer, or vacant possession can be provided with 60 days' notice. Recent upgrades include basement flooring, paint and kitchen improvements in 2025, including a new refrigerator, exhaust fan and electric cooking range; heat pumps and a wall-mounted AC unit installed in 2025; separate electrical panels for each unit upgraded from 60 amps to 100 amps in 2025; an upgraded upper-unit bathroom shower enclosure, faucet, sink and vanity in 2026; a lower-unit bathroom vanity and glass shower door installed in 2025; an upgraded upper-unit living room window in 2025; and a washer and dryer replaced in 2026. Additional improvements include an expanded driveway (2018), rear patio addition (2020), new eavestroughs (2021), tub reglazing (2021), and bathroom updates (2021). With numerous recent upgrades, efficient heating and cooling, two separate living spaces, and flexible occupancy options, this property is ideal for investors or buyers looking to live in one unit while generating rental income from the other. Schedule your showing today! (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 32 days on market, against an average age of 73 days across the listings currently for sale in this city
This 5-bed multi-family in London East (East G) has been listed for 32 days, which is 41 days fresher than the city average of 73. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $535,000, about 8.4× the local median household income of $63,600.
Carrying it typically needs a household income of about $104,504 (20% down, 25-yr amortization, stress-tested) — roughly 64% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5Y)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.