Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

202 Sydenham Street, London East, ON N6A 1W3 (Richmond and Oxford)
$ 650000 - MLS : X13468136

From Our Gallery

Description

Duplex opportunities in Old North don't come up often-and this one is worth paying attention to. Two fully tenanted 3-bedroom units, each with its own entrance and in-suite laundry, generating approximately $55,000 in gross annual rental income from day one. Both units are rented inclusive of utilities, keeping things simple for the next owner. The location is hard to beat. Old North sits right in the sweet spot between Western University and downtown London, making it a perennial favourite with tenants and a smart long-term hold for investors. Parks, schools, shopping, restaurants, and transit are all within easy reach. Whether you're building your portfolio or adding a flagship property to an existing one, this is the kind of asset that checks all the boxes - strong location, immediate cash flow, and real scarcity value in one of London's most sought-after neighbourhoods.

Location Description

Richmond and Oxford

Property Detail

Community: East B
Property Type: Tenant/Residential Freehold
Bedrooms: 6
Bath: 3
Garages: None
Annual Property Taxes : $ 6555

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Unknown
Counstruction Material : Brick
Total Parking Space : 4
Parking Type : None

Amenities

Heating : Forced AirGas
Sewer : Sewer ,

Listing Contracted With: STREETCITY REALTY INC.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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