35 Miles Street London East, Ontario N5Y 2T7

$609,900

Purpose built and fully licensed duplex located in the highly sought after Woodfield District, offering an exceptional opportunity for first time investors, house hackers, or those looking to expand their real estate portfolio. Situated in one of London's most desirable neighbourhoods, this property is within walking distance of local favourites such as The Bag Lady and Locomotive Espresso, as well as Downtown London, parks, schools, public transit, restaurants, and everyday amenities, and is only 3.5 km from Western University and 5 km from Fanshawe College. Unit 1 is a spacious three bedroom main floor unit complete with stainless steel appliances, a four piece bathroom, and in suite laundry, currently rented for $2,255 per month plus electricity and water. Unit 2 is a spacious two bedroom lower level unit complete with stainless steel appliances, a four piece bathroom, in suite laundry, and heated floors in the living room, currently rented for $1,695 per month plus electricity and water, with vacant possession available as of July 31, 2026. Each unit is separately metered for electricity and water. Parking for two vehicles is available at the rear of the property. Recent updates include a new roof in 2025, a new sewer line to the road in 2025, a new owned air conditioner in 2024, a new owned electric hot water tank in 2024, and a new rented gas hot water tank in 2024. Whether you choose to live in one unit while generating rental income from the other or continue operating the property as a fully tenanted investment, this turnkey duplex offers versatility, strong income potential, and long term value in one of London's most coveted neighbourhoods. (id:60297)

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https://www.realtor.ca/real-estate/29843514/35-miles-street-london-east-east-f-east-f