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$578,000
London North
17 McDonald Avenue, London North (North K), Ontario, N6G1A9
This multi-family property in London North is for sale offering roughly 1,300 sq ft of space. It has been on the market 36 days, fresher than the London North average of 51 days.
Turnkey Legal Duplex Walking Distance to Western University! An exceptional opportunity in one of London's most sought-after rental locations. Licensed as a legal duplex, this well-maintained property features two self-contained suites with separate hydro meters and private laundry in each unit. Approximately 10 years ago, the home underwent extensive renovations that included electrical, plumbing, insulation, flooring, kitchens, bathrooms, windows, shingles, siding, furnace, central air, and appliances, offering peace of mind for years to come.The front unit offers 3 bedrooms, a bright living room, an updated kitchen, and a 4-piece bathroom. The rear unit features a comfortable 1-bedroom suite with its own kitchen, living room, and 4-piece bathroom, creating an excellent opportunity for additional rental income.Outside, enjoy a generous partially fenced backyard, parking for up to four vehicles, and a detached garage/workshop with hydro, perfect for storage, hobbies, or additional workspace. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this property offers outstanding flexibility and long-term value. Located on a quiet street just minutes from Western University, public transit, and everyday amenities, with direct bus routes to Fanshawe College and downtown, this is a turnkey investment in a consistently high-demand rental area. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 36 days on market, against an average age of 51 days across the listings currently for sale in this city
This 4-bed multi-family in London North (North K) has been listed for 36 days, which is 15 days fresher than the city average of 51. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $578,000, about 6.0× the local median household income of $96,000.
Carrying it typically needs a household income of about $112,904 (20% down, 25-yr amortization, stress-tested) — roughly 18% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6G)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.