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$749,990
London South
103 Westbury Avenue, London South (South O), Ontario, N6J3G3
This multi-family property in London South is for sale offering roughly 1,750 sq ft of space. It has been on the market 15 days, fresher than the London South average of 37 days.
Investor-Focused: Excellent opportunity to own a turnkey, cash-flow-positive legal duplex in a highly desirable, mature neighbourhood. Fully renovated in 2019 into a legal secondary dwelling unit, this property offers ultimate peace of mind with all major components replaced during the optimization.The Front Unit (Unit A) is a spacious, original side-split layout featuring 3 bedrooms, 2 full bathrooms, and a convenient powder room. The Back Unit (Unit B) offers a modern 2-bedroom, 1-bathroom floor plan. Both units are fully rented to excellent tenants and boast highly sought-after, independent amenities: separate gas and hydro meters, dedicated in-suite washers and dryers, and fully separate backyards with private decks.An oversized driveway provides plenty of parking for both units, and an outdoor shed offers valuable extra storage. Located just minutes from top-rated schools, parks, shopping, and major bus routes. A professional property management company is already in place, offering a seamless, hassle-free transition for the next savvy investor. Truly a rare, worry-free addition to your portfolio! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 15 days on market, against an average age of 37 days across the listings currently for sale in this city
This 6-bed multi-family in London South (South O) has been listed for 15 days, which is 22 days fresher than the city average of 37. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $749,990, about 11.5× the local median household income of $65,000.
Carrying it typically needs a household income of about $146,499 (20% down, 25-yr amortization, stress-tested) — roughly 125% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6J)
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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.