1 Southwood Crescent London, Ontario N6J 1S8

5 Bedroom 2 Bathroom 1,100 sqft
Central Air Conditioning Forced Air

$777,000

Woohoo! Almost $50K in annual gross rental income! A single address offering two distinct living spaces, minimal management and strong income in the heart of South London. This well-maintained, tenanted duplex generates just over $4K per month in rental income.Unlike many traditional duplex conversions, both units offer above-grade living space with modern finishes, creating two bright and comfortable homes under one roof. The unique side-split design provides excellent separation between the units while maintaining the convenience and efficiency of a single property.The home is in immaculate condition and has been exceptionally well cared for by both occupants. Recent improvements include new flooring throughout the main floor, adding to the property's clean, modern and move-in-ready presentation.Situated on a generous corner lot, the property offers plenty of backyard space along with ample parking for up to four vehicles - valuable features for both current and future tenants.Located in a quiet, family-oriented South London neighbourhood, this property combines dependable rental income with a highly desirable residential setting close to parks, schools, shopping, transit and everyday amenities.This one is a must see in a prime South London location! (id:50787)

Property Details

MLS® Number 40871377
Property Type Multi-family
Parking Space Total 4

Building

Bathroom Total 2
Bedrooms Total 5
Basement Development Partially Finished
Basement Type Full (partially Finished)
Cooling Type Central Air Conditioning
Exterior Finish Brick Veneer, Vinyl Siding
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,100 Sqft
Type Duplex
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Frontage 58 Ft
Size Total Text Under 1/2 Acre
Zoning Description R1-7

https://www.realtor.ca/real-estate/30403880/1-southwood-crescent-london

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