64 Duchess Avenue, London | Image 1

64 Duchess Avenue

London, South F

  • 7 bed 5 bath 3000 sqft
$1,499,900 est.*: $5,081/mo
For Sale

Added 1 month ago

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  • Type: Multiplex

  • Style: 2 1/2 Storey

  • Size: 3000 sqft

  • Lot Size: 93.63 x 107.54 Feet

  • Age: 100+ years

  • Taxes: $6,546 per year

  • Days on Site: 44 Days

  • Added: Sep 05, 2024 (1 month ago)

  • Updated:

  • Last Checked: 21 hours ago

  • MLS®#: X9300237

  • Listed By: Keller williams lifestyles

Discover this 5 Plex at 64 Duchess Ave, located in the heart of one of Canadas most sought-after neighbourhoods, Wortley Village. This fully tenanted building boasts AAA tenants across two spacious 2-bedroom units and three 1-bedroom units, ensuring steady and reliable income. On-site laundry, 6 hydro meters, 1 water meter, and 1 gas meter adds to the propertys appeal, making it easy to manage and operate. The property holds an active rental license with the City of London. Net Operating Income of $80761.84 and a current cap rate of 5.39%, this is a solid investment in a thriving community with potential for upside! Located on a corner lot in Wortley Village, known for its vibrant atmosphere and voted one of the best neighbourhoods in Canada, this property offers a turn key opportunity to invest in a highly desirable location. The property features modern conveniences with individual temperature control for each unit, allowing tenants to manage their own temperature settings for optimal comfort. With two driveways providing a total of 10 parking spots, parking is ample. Inquire about competitive financing options.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2 1/2 Storey

  • Size (sq ft): 3000

  • Age: 100+

  • Area: London

  • Community: South F

  • Availability Date: FLEXIBLE

  • Assessment Amount: $448,000

  • Assessment Year: 2024

Inside

  • Bedrooms: 7

  • Bathrooms: 5

  • Kitchens: 5

  • Rooms: 23

  • Den/Family Room: Yes

  • Air Conditioning: Other

  • Fireplace: No

  • Laundry Level: Lower

  • Washrooms: 5

Utilities

  • Electricity: Yes

  • Gas: Yes

  • Cable: Yes

  • Telephone: Yes

Building

  • Basement: Full

  • Basement 2: Part Bsmt

  • Heat Type: Radiant

  • Heat Source: Gas

  • Exterior: Brick

  • Exterior: Other

  • Elevator: N

  • Green Verification Status: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

  • Special Designation: Heritage

  • Other Structures: Garden Shed

  • Retirement: N

Parking

  • Driveway: Pvt Double

  • Garage Type: None

  • Covered Parking Spaces: 10

  • Total Parking Spaces: 10

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 15, BLK D, PL 343(4TH), AS IN 832098; LONDON

  • Taxes: $6,546

Highlights

  • Feature: Golf

  • Feature: Library

  • Feature: Park

  • Feature: Place Of Worship

  • Feature: Public Transit

  • Feature: Rec Centre

Land

  • Cross Street: Duchess Ave & Edward

  • Municipality District: London

  • Fronting On: North

  • Parcel Number: 083890129

  • Parcel of Tied Land: N

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 107.54 Feet

  • Lot Frontage: 93.63 Feet

  • Acres: < .50

  • Zoning: R2-2

Additional Media

  • Virtual Tour: https://tours.snaphouss.com/64duchessavenuelondonon
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Somewhat Walkable

  • Some errands can be accomplished on foot.
64 /100

Good Transit

  • Some errands can be accomplished by public transportation.
53 /100

Very Bikeable

  • Most errands can be accomplished on bike.
73 /100
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Map of 64 Duchess Avenue, London
JK-8

Wortley Road Public School

Elementary: Public
0.68 km
JK-8

Victoria Public School

Elementary: Public
0.52 km
JK-8

St Martin

Elementary: Catholic
0.36 km
JK-8

Tecumseh Public School

Elementary: Public
1.35 km
JK-8

Arthur Ford Public School

Elementary: Public
2.05 km
JK-8

Mountsfield Public School

Elementary: Public
1.63 km
9-12

G A Wheable Secondary School

Secondary: Public
3.12 km
9-12

Westminster Secondary School

Secondary: Public
1.97 km
9-12

London South Collegiate Institute

Secondary: Public
1.22 km
9-12

London Central Secondary School

Secondary: Public
2.41 km
9-12

Catholic Central High School

Secondary: Catholic
2.50 km
9-12

H B Beal Secondary School

Secondary: Public
2.76 km

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