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About This Property

Woohoo! Almost $50K in annual gross rental income! A single address offering two distinct living spaces, minimal management and strong income in the heart of South London. This well-maintained, tenanted duplex generates just over $4K per month in rental income.Unlike many traditional duplex conversions, both units offer above-grade living space with modern finishes, creating two bright and comfortable homes under one roof. The unique side-split design provides excellent separation between the units while maintaining the convenience and efficiency of a single property.The home is in immaculate condition and has been exceptionally well cared for by both occupants. Recent improvements include new flooring throughout the main floor, adding to the property's clean, modern and move-in-ready presentation.Situated on a generous corner lot, the property offers plenty of backyard space along with ample parking for up to four vehicles - valuable features for both current and future tenants.Located in a quiet, family-oriented South London neighbourhood, this property combines dependable rental income with a highly desirable residential setting close to parks, schools, shopping, transit and everyday amenities.This one is a must see in a prime South London location! (id:63604)

Key Facts

Type

Multi-family

Beds

Baths

Size

700 sqft

Lot

58.2 FT

Parking

4 total

Highlights

Washer
Refrigerator
Dishwasher
Stove
Dryer
Window Coverings
Water Heater

Property Details 14 details

Bedrooms

5 bedrooms

3 above grade + 2 below grade

Bathrooms

2 bathrooms

Parking

4 parking spaces

No Garage

Living area

700 - 1,100 sq. ft.

Property

Multi-family · Attached

Property subtype

Multi-family

Structure type

Duplex

Attached status

Attached

Basement

Finished

Heating

Forced air, Natural gas

Cooling

Central air conditioning

Fireplace

Lot dimensions

58.2 FT

Frontage

58.20 feet

Taxes

$7,047.00

Water source

Municipal water

Sewer

Sanitary sewer

Interior features

WasherRefrigeratorDishwasherStoveDryerWindow CoveringsWater Heater

Exterior features

BrickVinyl sidingPoured Concrete

Mortgage & Affordability Estimate monthly costs

Down payment (%) Interest rate (annual %) Amortization (years) Property taxes (% of price) Condo/HOA fee (monthly)

Insurance/Other (monthly) Utilities (monthly)

Mortgage Tools Buyer/Seller Snapshot

Purchase price$777,000

Down paymentNot available

Mortgage amountNot available

Principal & interestNot available

Property taxesNot available

Condo/HOA feeNot available

Insurance/OtherNot available

UtilitiesNot available

Est. monthly totalNot available

Income needed (GDS 32%)Not available

Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Map is approximate.

Neighbourhood

Area: South D
City: London South
Postal code: N6J 1S8
Nearby: Cross Streets: Baseline Rd W & Southwood Cr. ** Directions: South of Robin Rd; West of Baseline Rd W.