Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$729,900
Strathroy-Caradoc
195-197 Southfield Drive, Strathroy-Caradoc (SW), Ontario, N7G3V3
This multi-family property in Strathroy-Caradoc is for sale offering roughly 2,250 sq ft of space. It has been on the market 15 days, fresher than the Strathroy-Caradoc average of 51 days.
RARE SIDE-BY-SIDE DUPLEX OPPORTUNITY IN STRATHROY! Whether you're looking to enter the investment market, expand your real estate portfolio, or enjoy the financial advantages of home ownership with rental income, this property offers an exceptional opportunity! Situated in the growing community of Strathroy, just 25 minutes from London, this rare side-by-side duplex offers the flexibility, space, and versatility that today's buyers are searching for. Featuring two separate residential units, individual driveways, and private yard spaces, this property provides a level of independence and functionality that's difficult to find in a traditional duplex. Imagine living comfortably on one side while collecting rental income from the other to help offset your mortgage payments. Alternatively, take advantage of the opportunity to own a two-unit investment property in a desirable community with convenient access to London. With ample outdoor space, separate parking, and multiple possibilities for ownership, this property is equally appealing to homeowners and investors alike.Two units. Separate driveways. Private yards. Multiple possibilities. Opportunities like this don't come along every day. Discover the potential of this unique Strathroy property and make your next real estate move a smart one! (id:66096)
Features and services as supplied by the listing brokerage.
Active: 15 days on market, against an average age of 51 days across the listings currently for sale in this city
This 6-bed multi-family in Strathroy-Caradoc (SW) has been listed for 15 days, which is 36 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 $729,900, about 8.6× the local median household income of $85,000.
Carrying it typically needs a household income of about $142,575 (20% down, 25-yr amortization, stress-tested) — roughly 68% above the area median.
Source: Statistics Canada, 2021 Census (FSA N7G)
Pick a time that suits you. A verified local agent confirms within 24h.
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.
