12 MCDONALD AVENUE

Single Family For Sale in London, Ontario

$699,000
LEGAL duplex in a very desirable location close to Western University on a cul-de-sac. The first unit includes 4 rooms two on the main floor and two in the finished basement. There is a full bathroom on both floors as well as a laundry unit, full kitchen on the main floor, and semi-kitchen in the basement (hotplate, fridge, microwave). The second, two-bedroom unit is at the back of the house and has its own separate and private entrance with a full kitchen, bath, deck, balcony and laundry unit. In addition to a porch deck, the back unit also has a balcony facing the spacious backyard. This house has a lot of rental potential with two, complete separate units and 6 rooms overall. It has been a very profitable and cash flow positive investment. It is currently rented out, so we require a min. 24-hour notice before holding showings. New roof (Sep 2022) on the front unit. Tremendous value for an investor or anyone wanting to live in one unit while renting out the rest of the house. The unique construction of front and back units provides extra privacy. Recently (2018) installed pot lighting and new appliances in the front unit. The house was fully renovated in 2008 and is very modern with a large parking lot. Prime area right at Oxford and Wharncliffe, desirable both for family living and student rentals. Take decision after a showing as this is a very unique property. Flexible closing. Link to videos and more photos - https://drive.google.com/drive/folders/1bZebZieRMjUyI7VSLnzhtfxqFILsjZCt. The rear unit is rented out for 1,250 and one basement room for 800, . 3 rooms are still vacant which should yield between 2,500-2,800. (id:4069)
Address 12 MCDONALD AVENUE
List Price $699,000
Property Type Single Family
Type of Dwelling Duplex
Area Ontario
Sub-Area London
Bedrooms 6
Bathrooms 3
Lot Size 30 x 207 FT Sq. Ft.
MLS® Number X8205828
Listing Brokerage RIGHT AT HOME REALTY
Basement Area Full (Finished)
Postal Code N6G1B1
Zoning R2-3(2)

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Wayne Barker

Street City Realty

519 York St London ON N6B 1R4

Mobile: 519 281 6890

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