Welcome to your next opportunity at 64 Stanley Street, a City-approved legal duplex in South London, recently renovated to meet todays standards. Fully licensed with the City of London since 2023, this property has been updated for safety, compliance, and modern living. Significant updates include new eavestroughs and soffits (2025), roof on addition (2025), carpet in upstairs unit (2025), main floor fully renovated (2022), soundproof insulation between units (2022), and insulated exterior walls (2022). Electrical and plumbing have been fully updated with no knob-and-tube or lead pipes. Other improvements include a tankless water heater (2022), modern appliances (main 5, upper 4) installed in 2022, furnace (2015), and windows (2015). Combined with complete fire separation (45-minute burn rating), these upgrades make the duplex safe, efficient, and investor-ready. The main floor unit consists of high ceilings, stunning hardwood floors, and a modern kitchen and bathroom. The upstairs unit is very spacious with many updates and open concept living. Both units feature private entrances, functional layouts, and separate Hydro meters, providing ease of management while appealing to tenants. Live in one unit and lease the other or set your own rents with this fully vacant property. Financially, this duplex delivers strong returns, with projected gross rents of $43,200 per year and a projected Net Operating Income of $35,449, which equates to a cap rate of nearly 6% at the list price. The location is unbeatable: walk to Downtown London or the vibrant shops and cafés of Wortley Village, and enjoy transit, schools, and parks just minutes away. With legal compliance, modern updates, and immediate income, 64 Stanley Street is a turn-key investment you won't want to miss! |
Price | $594,900 |
Taxes: | $2832.00 |
Assessment Year: | 2024 |
Occupancy: | Vacant |
Address: | 64 Stanley Stre , London South, N6C 1B1, Middlesex |
Directions/Cross Streets: | Wharncliffe Rd/Stanley St |
Rooms: | 11 |
Bedrooms: | 3 |
Bedrooms +: | 0 |
Family Room: | T |
Basement: | Unfinished |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Living Ro | 12.07 | 12.14 | |
Room 2 | Main | Kitchen | 10.5 | 13.42 | |
Room 3 | Main | Dining Ro | 12.07 | 9.09 | |
Room 4 | Main | Bedroom | 8.99 | 14.43 | |
Room 5 | Main | Bathroom | 7.28 | 6.66 | |
Room 6 | Second | Living Ro | 13.02 | 13.74 | |
Room 7 | Second | Kitchen | 7.68 | 10.92 | |
Room 8 | Second | Dining Ro | 7.54 | 6.76 | |
Room 9 | Second | Primary B | 8.92 | 8.5 | |
Room 10 | Second | Bedroom | 11.15 | 8.1 | |
Room 11 | Second | Bathroom | 5.31 | 10.92 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 3 | Main |
Washroom Type 2 | 4 | Upper |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 3 | Main |
Washroom Type 7 | 4 | Upper |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 | |
Washroom Type 11 | 3 | Main |
Washroom Type 12 | 4 | Upper |
Washroom Type 13 | 0 | |
Washroom Type 14 | 0 | |
Washroom Type 15 | 0 |
Total Area: | 0.00 |
Property Type: | Duplex |
Style: | 1 1/2 Storey |
Exterior: | Vinyl Siding |
Garage Type: | None |
(Parking/)Drive: | Private Do |
Drive Parking Spaces: | 4 |
Park #1 | |
Parking Type: | Private Do |
Park #2 | |
Parking Type: | Private Do |
Pool: | None |
Approximatly Square Footage: | 1500-2000 |
Property Features: | Wooded/Treed, Public Transit |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | None |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
TEAM GLASSER REAL ESTATE BROKERAGE INC. |
|
Book Showing | Email a Friend |
Type: | Freehold - Duplex |
Area: | Middlesex |
Municipality: | London South |
Neighbourhood: | South F |
Style: | 1 1/2 Storey |
Tax: | $2,832 |
Beds: | 3 |
Baths: | 2 |
Fireplace: | N |
Pool: | None |