822 Maitland Street, London East (East B), Ontario N5Y 2W5 (29269573)


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822 Maitland Street London East, Ontario N5Y 2W5

9 Bedroom 3 Bathroom 1500 - 2000 sqft
Central Air Conditioning Forced Air

$1,299,000

This is the perfect money maker to bring home monthly passive income. Being sold at just over a 6.3 cap rate. This brand-new duplex features two spacious units, each with four bedrooms, ideally suited for families or groups. Additionally, there's a one-bedroom auxiliary dwelling unit in the back, offering extra rental potential or guest accommodations. Currently fully rented, the property generates a gross income of $8,100 per month, making it a lucrative investment opportunity. Located in the desirable Old North neighborhood, it provides convenient access to Western University and St. Joseph's Hospital, ideal for students and healthcare professionals alike. Each unit boasts a well-thought-out layout, with two bedrooms located on the upper level and two on the lower, ensuring privacy and comfort. Built less than six months ago, this property promises modern amenities and a fresh living experience in a vibrant community. Perfect for investors or homeowners looking for a prime location and steady rental income. (id:60297)

Property Details

MLS® Number X12712510
Property Type Multi-family
Community Name East B
Easement Sub Division Covenants
Features Flat Site
ParkingSpaceTotal 5

Building

BathroomTotal 3
BedroomsAboveGround 9
BedroomsTotal 9
Amenities Separate Electricity Meters
Appliances Water Heater
BasementType Full
CoolingType Central Air Conditioning
ExteriorFinish Brick, Vinyl Siding
FoundationType Concrete
HalfBathTotal 2
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 1500 - 2000 Sqft
Type Duplex
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 110 Ft
SizeFrontage 30 Ft
SizeIrregular 30 X 110 Ft
SizeTotalText 30 X 110 Ft|under 1/2 Acre
ZoningDescription R2-2

Rooms

LevelTypeDimensions
Main Level Kitchen 3.2 m x 2.56 m
Main Level Living Room 5.97 m x 3.96 m
Main Level Kitchen 3.2 m x 2.56 m
Main Level Living Room 5.97 m x 3.96 m
Main Level Kitchen 4.72 m x 2.6 m
Main Level Living Room 3.38 m x 3.08 m
Other Bedroom 3 3.29 m x 2.44 m
Other Bedroom 3 3.29 m x 2.44 m
Other Bedroom 4 3.78 m x 2.44 m
Other Bedroom 4 3.78 m x 2.44 m
Other Primary Bedroom 3.38 m x 2.4 m
Upper Level Primary Bedroom 3.96 m x 3.05 m
Upper Level Primary Bedroom 3.96 m x 3.05 m
Upper Level Bedroom 2 3.96 m x 2.6 m
Upper Level Bedroom 2 3.96 m x 2.6 m

Utilities

Cable Available
Electricity Available
Wireless Available
Sewer Installed

https://www.realtor.ca/real-estate/29269573/822-maitland-street-london-east-east-b-east-b

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Mike Mcdonald
Salesperson


Sutton Group - Select Realty

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