$499,900
Available - For Sale
Listing ID: X12107700
7 Durham Stre , London East, N5Y 2H9, Middlesex


A remarkable investment opportunity in this legal and licensed duplex to occupy this newly renovated main floor unit which includes the partially finished lower level complete with 2 bedrooms, a second full bathroom, laundry and storage space while generating rental income from the upper unit. This remarkable property boasts a detached garage with potential storage above, partially fenced yard, inground sprinkler system both front and back, separate storage shed behind the garage and a large driveway with side spot for upper tenant. This exceptionally renovated main floor with updated kitchen, stainless steel appliances including microwave range hood, updated patio doors out to a newer deck plus renovated main floor bathroom, oak flooring throughout the main floor living space and vinyl in the kitchen and bathroom, updated light fixtures and windows (front window is the only original window) plus a separate front entry offering a large front coat closet. The upper unit is presently rented ($790 plus hydro) and offers 2 bedrooms, full bathroom, kitchen with patio doors to newer upper deck plus front living room space. Furnace 2005, Central air 2013, Hot Water Tank is owned 2022, Tenants pay hydro (separate meters). An extremely manageable property with great income potential. Conveniently located close to shopping, transit, schools and access to both Fanshawe College and downtown. A solid investment whether renting and adding to your investment portfolio or occupying one of the units in order to assist with your mortgage. A rare find.
Price $499,900
Taxes: $3130.00
Assessment Year: 2024
Occupancy: Tenant
Address: 7 Durham Stre , London East, N5Y 2H9, Middlesex
Acreage: < .50
Directions/Cross Streets: Oxford Street East
Rooms: 8
Rooms +: 3
Bedrooms: 5
Bedrooms +: 1
Family Room: F
Basement: Partially Fi
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 16.79 14.14
Room 2 Main Kitchen 12.07 8.59
Room 3 Main Primary B 12.6 10.56
Room 4 Main Bedroom 2 9.97 8.5
Room 5 Basement Bedroom 3 15.06 10.14
Room 6 Basement Bedroom 4 10.53 9.38
Room 7 Basement Utility R 10.79 7.18
Room 8 Second Living Ro 14.24 9.35
Room 9 Second Kitchen 8.3 7.28
Room 10 Second Primary B 11.84 9.91
Room 11 Second Bedroom 2 10.96 6.99
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Second
Washroom Type 3 3 Basement
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 51-99
Property Type: Duplex
Style: 1 1/2 Storey
Exterior: Vinyl Siding
Garage Type: Detached
(Parking/)Drive: Private Do
Drive Parking Spaces: 4
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Other Structures: Fence - Partia
Approximatly Age: 51-99
Approximatly Square Footage: 1100-1500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TRILAND REALTY
Personal Picture
Dir:
98.24 ft x 45.
 
 Virtual Tour   Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Duplex
Area: Middlesex
Municipality: London East
Neighbourhood: East C
Style: 1 1/2 Storey
Lot Size: x 97.42(Feet)
Approximate Age: 51-99
Tax: $3,130
Maintenance Fee: $0
Beds: 5+1
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
$
%
%
Years