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