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$ 699,900
Est. payment /mo
Active
578 WATERLOO ST London East, ON N6B 2P9
5 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision East F
MLS Listing ID X12441252
Style 2-Storey
Bedrooms 5
Annual Tax Amount $5,331
Tax Year 2025
Property Sub-Type Detached
Property Description
THIS IS THE ONE THAT YOU HAVE BEEN WAITING FOR! Stunning turn-key DUPLEX located in the heart of the historic Woodfield district. This beautifully maintained property has been renovated from top to bottom without losing any of its original character and charm. An amazing investment opportunity offering a lucrative return on investment. Perfect for an owner occupied. Live in one unit and have the tenant pay your mortgage! Both units feature high ceilings, stained glass windows, impressive woodwork and gleaming hardwood flooring throughout. Updated kitchens with newer appliances included. Main floor 3 bedroom unit currently rented for $2,400/month plus hydro. Upper floor 2 bedroom unit currently rented for $2,100/month plus hydro. Both A+ tenants. Basement currently rented as storage for $200/month. Convenient in suite laundry. Separate entrances for additional privacy between units. Oversized private concrete driveway with parking for 3 cars. Zoning: R3-2 (allows up to 4 units for potential increased income), OC2 permits for a variety of uses including commercial opportunities. Ideally located within close proximity to great schools, restaurants, public transit, Canada Life Place, Fanshawe College-Downtown Campus, Victoria Park and great shopping along Richmond Row. Time to stop thinking about owning income property and finally call yourself an investor. Do not miss this opportunity to build your real estate portfolio!
Location
Province ON
County Middlesex
Community East F
Area Middlesex
Zoning R3-2 OC2
Rooms
Basement Unfinished, Partial Basement
Kitchen 2
Interior
Interior Features None
Cooling None
Inclusions 2 fridges, 2 stoves, 2 over-the-range microwaves, 2 washers, 2 dryers
Exterior
Exterior Feature Deck, Porch
Parking Features None
Pool None
Roof Type Fibreglass Shingle
Total Parking Spaces 3
Building
Foundation Stone
New Construction false
Others
Virtual Tour https://listings.tourme.ca/sites/dpreaxn/unbranded
Lited by CENTURY 21 FIRST CANADIAN CORP