London, ON N5W4N7,354 SPRUCE STREET
London, ON N5W4N7,354 SPRUCE STREET
London, ON N5W4N7,354 SPRUCE STREET
38
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$688,884
Est. payment /mo
5 BD
3 BA
1,099 SqFt
Price Dropped by $11K

354 SPRUCE STREET London, ON N5W4N7

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,099 sqft

Price per Sqft $626

Subdivision East H

MLS® Listing ID X9056488

Bedrooms 5

Originating Board London and St. Thomas Association of REALTORS®

Property Description

Situated on a beautiful quiet treed street, sits this newly renovated historic charmer multi-unit property. The second story addition of a new upper legal unit was just completed with building permit in 2023. This is the perfect owner occupy mortgage helper, multi-generational home or turnkey investment property (over $62,000 annual rent income possible). Presently the main level three bedroom unit is rented at $2074 a month plus utilities; and $1529 for the garden suite inclusive of utilities. There is a rare detatched coach house tucked away in the backyard that provides the perfect work-from-home studio location you have been searching for or just additional income! Currently the upper spacious studio unit is vacant making this a perfect mortage helper property for the owner to reside in one unit and collect rental income from the other two units. Top to bottom, nearly everything has been redone from new luxury vinyl plank floors throughout, new roofs, a new on demand high efficiency hot water heater system, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves), brand new redone bathrooms with luxury tile, stainless steel appliances, and a brand new heat pump / AC system to be installed prior to closing. This is not one to miss, such a unique property with all these features rarely comes on the market. Seller financing / vendor take back option to aid in the process of downpayment possible for qualified buyers. Dont wait! (id:24570)

Location

Province ON

Interior

Heating Baseboard heaters

Cooling Central air conditioning

Exterior

Garage No

Community Features School Bus, Community Centre

Waterfront No

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Story 2

Sewer Sanitary sewer


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Listed by EXP REALTY

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Peter Twolan

Broker | License ID: 4779593

+1(613) 668-8422

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354 SPRUCE STREET