1 Erie Avenue, London | Image 1

1 Erie Avenue

London, South E

  • Commercial

$545,000
For Sale

Added 3 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: AC

  • Age: No Data

  • Taxes: 3959.76

  • MLS®#: X8282948

  • Days on Site: 9 Days

  • Added: Apr 22, 2024 (3 weeks ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: EXP REALTY, BROKERAGE

Discover this legal duplex nestled on a serene dead-end street in London, Ontario's vibrant heart. Just minutes from the sought-after Wortley Village and with easy public transit to Downtown, this property promises convenience and charm. Ideal for investors or savvy homeowners, it offers the flexibility of income generation or house-hacking by living in one unit and renting out the other. The main floor boasts a spacious two-bedroom unit with a modern kitchen renovated in 2014, private parking, and basement laundry. Updates include windows (2011), roof (2009), and vinyl flooring (2014). Upstairs features another two-bedroom unit with a full kitchen, 4-piece bath, and a relaxing outdoor balcony. With its vacant status, this duplex is move-in ready, allowing you to set your rents and capitalize on its potential. Don't miss this opportunity to own a versatile property with endless possibilities!

Property

  • Status: Sale

  • Property Type: Investment

  • Area: London

  • Community: South E

  • Availability Date: Immediate

  • Assessment Amount: $336,000

  • Assessment Year: 2023

Inside

  • Bathrooms: 2

  • Air Conditioning: None

  • Washrooms: 2

Building

  • Basement: Y

  • UFFI: No

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 5, PL 442(4TH), AS IN 892893; LONDON

  • Taxes: $3,960

Land

  • Cross Street: Wharncliffe Road S

  • Municipality District: London

  • Parcel Number: 083940387

  • Sewer: Sewers

  • Lot Depth: 60 Acres

  • Lot Frontage: 49.42 Acres

  • Zoning: AC

Commercial Specific

  • Total Area: 1566

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

JK-8

Wortley Road Public School

Elementary: Public
1.09 km
JK-8

Victoria Public School

Elementary: Public
0.24 km
JK-8

St Martin

Elementary: Catholic
0.72 km
JK-6

École élémentaire catholique Frère André

Elementary: Catholic
1.61 km
K-8

Jeanne-Sauvé Public School

Elementary: Public
2.17 km
K-8

Kensal Park Public School

Elementary: Public
1.31 km
9-12

Westminster Secondary School

Secondary: Public
1.86 km
9-12

London South Collegiate Institute

Secondary: Public
1.59 km
9-12

London Central Secondary School

Secondary: Public
2.41 km
9-12

Catholic Central High School

Secondary: Catholic
2.58 km
9-12

Saunders Secondary School

Secondary: Public
3.67 km
9-12

H B Beal Secondary School

Secondary: Public
2.87 km
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