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$499,900
London South
12 Orchard Street, London South (South E), Ontario, N6J2R3
This multi-family property in London South is for sale offering roughly 1,750 sq ft of space.
Conveniently located just steps from Old South, this Licensed two-unit property offers an excellent opportunity for investors or owner-occupiersalike. The spacious main floor unit features two bedrooms, updated flooring throughout, a large kitchen, a generous 4-piece bathroom, and abright living room with bay window. The dining room, which can also serve as a second bedroom, provides access to the large backyard anddeck-perfect for relaxing or entertaining. The upper-level apartment offers one bedroom, a 4-piece bathroom, and an open-concept living areaadjoining the kitchen. A separate entrance to the basement provides access to shared laundry facilities serving both units. Outside, enjoy adetached garage, ample parking, and a spacious yard rare for this sought-after neighbourhood. Located close to parks, schools, public transit, downtown, and all that Old South has to offer, this income property combines location, flexibility, and investment potential. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 89 days on market, against an average age of 58 days across the listings currently for sale in this city
This 3-bed multi-family in London South (South E) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $499,900, about 7.7× the local median household income of $65,000.
Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 50% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6J)
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Loading rates, 30-yr amortization
Cash Needed to Close
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