165 King Edward Ave

For Sale New 41 hours
$675,000
beds
baths
2,050 Sqft

165 King Edward Ave

For Sale New 41 hours
$675,000
beds
baths
2,050 Sqft

Highlights

Key insights

Description

Solid, highly profitable, and meticulously maintained legal duplex featuring two spacious 3-bedroom units - with potential to convert into a triplex via the unfinished basement. This licensed rental property has high-quality, reliable tenants paying market rents and all utilities - a built-in hedge against inflation. Both main units have been renovated and include en-suite laundry, dishwashers, spacious kitchens, and ample closet space. The basement, currently vacant, offers a separate entrance, high ceilings, ample square footage, and is already wired via a dedicated sub-panel - ideal for conversion into a third unit (zoning R2-2(10)). The home is full of character and natural light, with a private backyard shared by both units, featuring mature trees, berry bushes, an outdoor dining area, and a shared storage shed. Additional highlights include: 200 AMP electrical service, Separate hydro meters (2), Fire code compliance (2023), Plenty of parking. Perfect for investors or multi-generational families, this property is located in a quiet, family-friendly neighborhood. A bus stop is right at the doorstep, and it's just steps from a park, with schools, groceries, the hospital, and Highway 401 nearby. Financials and a list of recent capital improvements are available upon request (id:63267)

ZHANA JUREVICH of SUTTON GROUP-ADMIRAL REALTY INC.,
#X12468561
updated 1 day ago.
Houseful checked MLS® for data 1 day ago.

Home overview

Amenities / Utilities
  • Cooling
    Partially air conditioned
  • Heat type
    Baseboard heaters
Exterior
  • # parking spaces
    6
Location
  • Subdivision
    South h
  • Directions
    2089761
Overview
  • Lot size (acres)
    0.0
  • Building size
    2050
  • Listing #
    X12468561
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/29003117/165-king-edward-avenue-london-south-south-h-south-h
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-1,800

/ Month
25 Years fixed, 20% down payment, % interest
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