112 Stuart Street, London | Image 1

112 Stuart Street

London, East C

  • Commercial

$799,900
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R1-6

  • Age: 51-99 years

  • Taxes: 5131

  • MLS®#: X9231774

  • Days on Site: 1 Days

  • Added: Jul 29, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: SHAHID KHAWAJA REAL ESTATE INC.

Prime Investment Opportunity in a fantastic Location!** Duplex with front and back units with separate entrance **Recently Renovated** Offset your mortgage with tenant income, or enjoy positive cash flow from a turnkey rental. ** Front unit: 4 bedrooms, 4-piece bath, spacious kitchen, dining and living areas, private front deck ** Back unit: 3 bedrooms,3-piece bath, kitchen, private fenced backyard ** Private driveway with space for 3+ cars ** Shared laundry area** Unfinished basement offers revenue potential **.This property is a must-see for savvy investors! **Situated on a Generous Lot Size ** This prime location is close to top educational institutions such as Fanshawe College and Western University making it an ideal spot for student rentals.** Surrounded around essential amenities, Food Basics/plaza, ensuring easy access to grocery shopping and daily necessities, broadening the appeal for a range of tenants ** Both units feature private outdoor spaces, enhancing the living experience with a deck for the front unit and a patio, plus a fenced backyard for the back unit. With a private driveway accommodating 3+ vehicles. This duplex is truly a versatile and lucrative investment opportunity that should not be missed by savvy investors.

Extras

Prime location near Fanshawe College and Western University. Front unit: 4 bedrooms, bathroom, kitchen, dining, living room, deck.Back unit: 3 bedrooms, kitchen, bathroom.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Accommodation

  • Age: 51-99

  • Area: London

  • Community: East C

  • Availability Date: TBD

  • Assessment Amount: $171,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 3

Fees

  • Tax Year: 2023

  • Tax Legal Description: PART LOT 193 PLAN 490, PART 2 33R14791; LONDON

  • Taxes: $5,131

  • Taxes Type: Annual

Land

  • Cross Street: Drive East on Oxford

  • Municipality District: London

  • Parcel Number: 080970206

  • Lot Depth: 132 Feet

  • Lot Frontage: 47 Feet

  • Zoning: R1-6

Commercial Specific

  • Total Area: 1557

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Lot Code: Lot

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