2 SAUNBY STREET, London North, ON N6G1A1
2 SAUNBY STREET, London North, ON N6G1A1
2 SAUNBY STREET, London North, ON N6G1A1
2 SAUNBY STREET, London North, ON N6G1A1
2 SAUNBY STREET, London North, ON N6G1A1
2 SAUNBY STREET, London North, ON N6G1A1
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 718,000
Est. payment | /mo

6 Beds

2 Baths


Save
$ 718,000
Est. payment | /mo
Save

6 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Subdivision North K

MLS® Listing ID X13818204

Style Bungalow

Bedrooms 6

Property Sub-Type Freehold

Property Description

DUPLEX ON THE THAMES RIVER!!! Exceptional investment opportunity with strong multi-unit income potential. This well-appointed duplex bungalow features a fully finished lower level and an outstanding location near downtown London and Western University. Residents enjoy convenient access to a wide range of amenities within walking distance, along with nearby public transit at Oxford Street and Western Road. The property also borders the Thames River and offers beautiful views of the river, Gibbons Park, and London's iconic Thames-Oxford Railway Bridge. The main level features three spacious bedrooms, a full kitchen, and a complete bathroom. The lower unit offers an additional three bedrooms, a separate full kitchen, and a full bathroom-providing versatile rental options and comfortable living space for tenants. Previously generating more than $51,000 in annual net income, based on rental income of approximately $717 per bedroom per month plus utilities, this property is designed for efficient cash flow. Both units are separately metered for hydro, while gas heating and water costs are shared between the tenants. With its rare riverfront setting, flexible layout, and proximity to downtown and Western University, this is a unique turnkey investment opportunity offering excellent long-term value. Don't miss your chance to own one of London's most distinctive income properties. (id:24570)

Location

Province ON

Lake Name Thames River

Rooms

Kitchen 2.0

Extra Room 1 Lower level 2.97 m X 3.58 m Bathroom

Extra Room 2 Lower level 5.92 m X 4.09 m Living room

Extra Room 3 Lower level 5.29 m X 2.94 m Kitchen

Extra Room 4 Lower level 3.27 m X 3.58 m Bedroom 4

Extra Room 5 Lower level 2.98 m X 3.58 m Bedroom 5

Extra Room 6 Main level 5.91 m X 3.93 m Living room

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

Community Features School Bus

View Y/N Yes

View City view, River view, View of water, Direct Water View

Attached Garage No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Water Thames River

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by RE/MAX CENTRE CITY REALTY INC.

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2 SAUNBY STREET