822 Maitland Street, London East (East B), Ontario N5Y 2W5 (29269573)

822 Maitland Street London East, Ontario N5Y 2W5

9 Bedroom 3 Bathroom 1,500 - 2,000 ft2
Central Air Conditioning Forced Air

$1,299,000

This is the perfect money maker to bring home monthly passive income. Being sold at just over a 6.3 cap rate. This brand-new duplex features two spacious units, each with four bedrooms, ideally suited for families or groups. Additionally, there's a one-bedroom auxiliary dwelling unit in the back, offering extra rental potential or guest accommodations. Currently fully rented, the property generates a gross income of $8,100 per month, making it a lucrative investment opportunity. Located in the desirable Old North neighborhood, it provides convenient access to Western University and St. Joseph's Hospital, ideal for students and healthcare professionals alike. Each unit boasts a well-thought-out layout, with two bedrooms located on the upper level and two on the lower, ensuring privacy and comfort. Built less than six months ago, this property promises modern amenities and a fresh living experience in a vibrant community. Perfect for investors or homeowners looking for a prime location and steady rental income. (id:50976)

Property Details

MLS® Number X12712510
Property Type Multi-family
Community Name East B
Easement Sub Division Covenants
Features Flat Site
Parking Space Total 5

Building

Bathroom Total 3
Bedrooms Above Ground 9
Bedrooms Total 9
Amenities Separate Electricity Meters
Appliances Water Heater
Basement Type Full
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Foundation Type Concrete
Half Bath Total 2
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,500 - 2,000 Ft2
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 110 Ft
Size Frontage 30 Ft
Size Irregular 30 X 110 Ft
Size Total Text 30 X 110 Ft|under 1/2 Acre
Zoning Description R2-2

Rooms

Level Type Dimensions
Main Level Kitchen 3.2 m x 2.56 m
Main Level Living Room 5.97 m x 3.96 m
Main Level Kitchen 3.2 m x 2.56 m
Main Level Living Room 5.97 m x 3.96 m
Main Level Kitchen 4.72 m x 2.6 m
Main Level Living Room 3.38 m x 3.08 m
Other Bedroom 3 3.29 m x 2.44 m
Other Bedroom 3 3.29 m x 2.44 m
Other Bedroom 4 3.78 m x 2.44 m
Other Bedroom 4 3.78 m x 2.44 m
Other Primary Bedroom 3.38 m x 2.4 m
Upper Level Primary Bedroom 3.96 m x 3.05 m
Upper Level Primary Bedroom 3.96 m x 3.05 m
Upper Level Bedroom 2 3.96 m x 2.6 m
Upper Level Bedroom 2 3.96 m x 2.6 m

Utilities

Cable Available
Electricity Available
Wireless Available
Sewer Installed

https://www.realtor.ca/real-estate/29269573/822-maitland-street-london-east-east-b-east-b

Contact Us

Contact us for more information

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Mike Mcdonald
Salesperson

(519) 433-4331

Sutton Group - Select Realty

(519) 433-4331

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