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454 Salisbury Street London, Ontario N5Y 3B2

5 Bedroom 2 Bathroom 700 - 1100 sqft

Bungalow Central Air Conditioning Forced Air

$599,900

INVESTORS! Youre not going to want to miss this LEGAL, LICENSED DUPLEX with a potential 6.4% CAP RATE!!!! This all-brick two unit property with separate detached garage (bonus income potential) is located in a great neighbourhood with an easy commute to Fanshawe College, downtown London, parks, schools and more. The main unit combines comfort with functionality featuring three bedrooms, a generously sized kitchen and a living room with updated laminate flooring, vinyl windows and central air conditioning. This unit is currently rented to excellent tenants at market rent. With the spacious recently renovated two-bedroom lower-level unit being vacant, you can choose your own tenant or have a family member move in as well. Shared laundry is available in the common space making it an attractive feature for prospective tenants. Additional features include the home being equipped with a modern Nest thermostat and a newer furnace. Don't forget the entertainment options with nearby craft breweries and the bustling hubs of The Factory and Clubhouse. This property is perfect for investors looking for a turnkey investment, parents of students attending Fanshawe, and home-owners looking for income potential. (id:60297)

Property Details

MLS® Number	X12044473
Property Type	Single Family
Community Name	East G
AmenitiesNearBy	Hospital, Public Transit, Schools
CommunityFeatures	School Bus
EquipmentType	Water Heater
Features	Lane
ParkingSpaceTotal	3
RentalEquipmentType	Water Heater

Building

BathroomTotal	2
BedroomsAboveGround	3
BedroomsBelowGround	2
BedroomsTotal	5
Age	51 To 99 Years
Appliances	Dishwasher, Dryer, Stove, Washer, Refrigerator
ArchitecturalStyle	Bungalow
BasementFeatures	Apartment In Basement, Separate Entrance
BasementType	N/a
ConstructionStyleAttachment	Detached
CoolingType	Central Air Conditioning
ExteriorFinish	Brick
FoundationType	Concrete
HeatingFuel	Natural Gas
HeatingType	Forced Air
StoriesTotal	1
SizeInterior	700 - 1100 Sqft
Type	House
UtilityWater	Municipal Water

Parking

Detached Garage
Garage

Land

Acreage	No
FenceType	Fenced Yard
LandAmenities	Hospital, Public Transit, Schools
Sewer	Sanitary Sewer
SizeDepth	115 Ft
SizeFrontage	45 Ft
SizeIrregular	45 X 115 Ft
SizeTotalText	45 X 115 Ft
ZoningDescription	Res

Rooms

Level	Type	Length	Width	Dimensions
Lower Level	Laundry Room	2.77 m	2.85 m	2.77 m x 2.85 m
Lower Level	Living Room	5.65 m	3.65 m	5.65 m x 3.65 m
Lower Level	Kitchen	4.49 m	4.48 m	4.49 m x 4.48 m
Lower Level	Primary Bedroom	3.76 m	3.99 m	3.76 m x 3.99 m
Lower Level	Bedroom	3.04 m	3.17 m	3.04 m x 3.17 m
Main Level	Library	5.6 m	4.23 m	5.6 m x 4.23 m
Main Level	Kitchen	3.54 m	4.15 m	3.54 m x 4.15 m
Main Level	Primary Bedroom	3.94 m	4 m	3.94 m x 4 m
Main Level	Bedroom	3.02 m	3.12 m	3.02 m x 3.12 m
Main Level	Bedroom	2.83 m	3.12 m	2.83 m x 3.12 m

Aerial

https://www.realtor.ca/real-estate/28080735/454-salisbury-street-london-east-g

Interested?

Andrea Newcombe
Broker

Century 21 First Canadian Corp

Gautam Khanna
Salesperson

Century 21 First Canadian Corp

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Last Updated
April 21 2025 08:20:37

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454 Salisbury Street London, Ontario N5Y 3B2