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Milad Akrami

Sales Representative
Soltanian Real Estate, Brokerage Independently owned and operated. 175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9 Cell: 647-678-7799Office: 647-678-7799

$740,000
Available - For Sale
Listing ID: X8205828
12 Mcdonald Ave , London, N6G 1B1, Ontario


LEGAL duplex in a very desirable location close to Western University on a cul-de-sac. The first unit includes 4 rooms two on the main floor and two in the finished basement. There is a full bathroom on both floors as well as a laundry unit, full kitchen on the main floor, and semi-kitchen in the basement (hotplate, fridge, microwave). The second, two-bedroom unit is at the back of the house and has its own separate and private entrance with a full kitchen, bath, deck, balcony and laundry unit. In addition to a porch deck, the back unit also has a balcony facing the spacious backyard. This house has a lot of rental potential with two, complete separate units and 6 rooms overall. It has been a very profitable and cash flow positive investment. It is currently rented out, so we require a min. 24-hour notice before holding showings. New roof (Sep 2022) on the front unit. Tremendous value for an investor or anyone wanting to live in one unit while renting out the rest of the house. The unique construction of front and back units provides extra privacy. Recently (2018) installed pot lighting and new appliances in the front unit. The house was fully renovated in 2008 and is very modern with a large parking lot. Prime area right at Oxford and Wharncliffe, desirable both for family living and student rentals. Take decision after a showing as this is a very unique property. Flexible closing. Link to videos and more photos - https://drive.google.com/drive/folders/1bZebZieRMjUyI7VSLnzhtfxqFILsjZCt
Price $740,000
Taxes: $4076.00
Assessment: $279000
Assessment Year: 2023
Address: 12 Mcdonald Ave , London, N6G 1B1, Ontario
Lot Size: 30.00 x 207.00 (Feet)
Acreage: < .50
Directions/Cross Streets: North Of Wharncliffe/Oxford.
Rooms: 8
Bedrooms: 6
Bedrooms +:
Kitchens: 3
Family Room: N
Basement: Finished, Full
Property Type: Duplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 6
Pool: None
Fireplace/Stove: Y
Heat Source: Electric
Heat Type: Forced Air
Central Air Conditioning: Central Air
Laundry Level: Main
Elevator Lift: N
Sewers: Sewers
Water: Municipal
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RIGHT AT HOME REALTY
Personal Picture
Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
 
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At a Glance:
Type: Freehold - Duplex
Area: Middlesex
Municipality: London
Neighbourhood:
Style: 2-Storey
Lot Size: 30.00 x 207.00(Feet)
Approximate Age:
Tax: $4,076
Maintenance Fee: $0
Beds: 6
Baths: 3
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
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