6 Bedroom
2 Bathroom
Bungalow
Central Air Conditioning
Forced Air
$559,900
CALLING LONDON INVESTORS: Welcome to 1942 Duluth Cres, a fully renovated investment gem (8.57% CAP RATE) in the heart of London. This spacious bungalow features a 3+3 bedroom, 1+1 bathroom, 1+1 kitchen layout on a generous 50x136 ft lot. Completed in 2022, the modern renovation includes great finishes throughout, making this property as turnkey as they come. Generating $4,000/month in rental income, its an excellent opportunity for investors. The open-concept main floor offers a bright and inviting living space, with a contemporary eat-in kitchen that showcases upgraded cabinetry and sleek, modern appliances. Each of the three bedrooms on this level provides ample room for relaxation, and the seamless flow between the kitchen, dining, and living areas creates an ideal setting for entertaining or family gatherings. A separate side entrance leads to a fully finished in-law suite featuring 3 Bedrooms, 1 Bathroom, laundry, and kitchen. Outside, the expansive backyard offers endless possibilities for outdoor enjoyment, with plenty of space for relaxing or social gatherings. Nestled in a vibrant community, 1942 Duluth Cres provides easy access to Forest View Park, the Thames River pathway, and is only minutes from major amenities including dining, shopping, and groceries. The location is ideal, with convenient access to the 401 and proximity to the airport, making citywide travel a breeze. Don't miss this opportunity to own a beautifully modernized cash flowing investment property in one of London's most accessible and desirable rental neighbourhoods! Property is being offered in AS-IS condition and buyer to assume tenants to continue their existing lease. **** EXTRAS **** 8.57% CAP RATE, Closing Anytime (id:50976)
Property Details
|
MLS® Number
|
X10415324 |
|
Property Type
|
Single Family |
|
Community Name
|
East I |
|
Equipment Type
|
Water Heater |
|
Features
|
Carpet Free, In-law Suite |
|
Parking Space Total
|
3 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Below Ground
|
3 |
|
Bedrooms Total
|
6 |
|
Appliances
|
Dishwasher, Dryer, Refrigerator, Stove, Washer |
|
Architectural Style
|
Bungalow |
|
Basement Development
|
Finished |
|
Basement Features
|
Separate Entrance |
|
Basement Type
|
N/a (finished) |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
136 Ft ,7 In |
|
Size Frontage
|
50 Ft ,1 In |
|
Size Irregular
|
50.13 X 136.61 Ft |
|
Size Total Text
|
50.13 X 136.61 Ft |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Lower Level |
Living Room |
|
|
Measurements not available |
|
Lower Level |
Bathroom |
|
|
Measurements not available |
|
Lower Level |
Kitchen |
|
|
Measurements not available |
|
Lower Level |
Bedroom |
|
|
Measurements not available |
|
Lower Level |
Bedroom 2 |
|
|
Measurements not available |
|
Lower Level |
Bedroom 3 |
|
|
Measurements not available |
|
Main Level |
Kitchen |
3.48 m |
3.05 m |
3.48 m x 3.05 m |
|
Main Level |
Living Room |
3.48 m |
5.33 m |
3.48 m x 5.33 m |
|
Main Level |
Bedroom |
4.09 m |
2.74 m |
4.09 m x 2.74 m |
|
Main Level |
Bedroom 2 |
3.48 m |
2.44 m |
3.48 m x 2.44 m |
|
Main Level |
Bedroom 3 |
3.45 m |
3.02 m |
3.45 m x 3.02 m |
|
Main Level |
Bathroom |
2.39 m |
1.45 m |
2.39 m x 1.45 m |
Utilities
|
Cable
|
Available |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/27633598/1942-duluth-crescent-london-east-i
