1 Southwood Crescent, London, ON N6J 1S8

$777,000
5
BD
2
BA
700
SqFt

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List Price
$777,000
MLS#
X14079820
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
Sidesplit
Bedrooms
5
Bathrooms
2
Living Area
700-1100
Province
ON
Municipality
London
Area
Middlesex
Neighborhood
South
Subdivision
Baseline Rd W & Southwood Cr

Property Description

Woohoo! Almost $50K in annual gross rental income! A single address offering two distinct living spaces, minimal management and strong income in the heart of South London. This well-maintained, tenanted duplex generates just over $4K per month in rental income.Unlike many traditional duplex conversions, both units offer above-grade living space with modern finishes, creating two bright and comfortable homes under one roof. The unique side-split design provides excellent separation between the units while maintaining the convenience and efficiency of a single property.The home is in immaculate condition and has been exceptionally well cared for by both occupants. Recent improvements include new flooring throughout the main floor, adding to the property's clean, modern and move-in-ready presentation.Situated on a generous corner lot, the property offers plenty of backyard space along with ample parking for up to four vehicles - valuable features for both current and future tenants.Located in a quiet, family-oriented South London neighbourhood, this property combines dependable rental income with a highly desirable residential setting close to parks, schools, shopping, transit and everyday amenities.This one is a must see in a prime South London location!

Additional Information

Taxes
$7,047
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
2
Exterior
Brick, Vinyl Siding
Garage Type
None
Pool
None
Parking Spaces
4

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Calculator source: Real Geeks

Listing courtesy of ROCK STAR REAL ESTATE INC..