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$ 675,000
Est. payment /mo
Active
165 King Edward AVE London South, ON N5Z 3T5
6 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision South J
MLS Listing ID X12468209
Style 2-Storey
Bedrooms 6
Annual Tax Amount $3,252
Tax Year 2025
Property Sub-Type Duplex
Property Description
Solid, highly profitable, and meticulously maintained legal duplex featuring two spacious 3-bedroom units - with potential to convert into a triplex via the unfinished basement. This licensed rental property has high-quality, reliable tenants paying market rents and all utilities - a built-in hedge against inflation. Both main units have been renovated and include en-suite laundry, dishwashers, spacious kitchens, and ample closet space. The basement, currently vacant, offers a separate entrance, high ceilings, ample square footage, and is already wired via a dedicated sub-panel - ideal for conversion into a third unit (zoning R2-2(10)). The home is full of character and natural light, with a private backyard shared by both units, featuring mature trees, berry bushes, an outdoor dining area, and a shared storage shed. Additional highlights include: 200 AMP electrical service, Separate hydro meters (2), Fire code compliance (2023), Plenty of parking. Perfect for investors or multi-generational families, this property is located in a quiet, family-friendly neighborhood. A bus stop is right at the doorstep, and it's just steps from a park, with schools, groceries, the hospital, and Highway 401 nearby. Financials and a list of recent capital improvements are available upon request
Location
State ON
County Middlesex
Community South J
Area Middlesex
Rooms
Family Room No
Basement Full, Separate Entrance
Kitchen 2
Interior
Interior Features Carpet Free, Water Heater
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 75.0
Lot Depth 90.0
Total Parking Spaces 6
Building
Foundation Block
Others
ParcelsYN No
Listed by SUTTON GROUP-ADMIRAL REALTY INC.