107 Oxford Street W London, Ontario N6H 1R8
$699,900
Exceptional opportunity for Investors seeking straight income or owner live-in with income to help pay the mortgage! Well maintained/renovated Brick 1 1/2 Storey home with up to 6 bedrooms and 3 full bathrooms. Conveniently located close to Western U & University Hospital with easy access to public transportation, Fanshawe College & downtown. Walking distance to shopping & Cherryhill Mall. R2-2 zoning permits duplex. Existing layout is flexible with current City of London licence (approvals on fire code & electrical obtained for issuance of licence) for 5 bedrooms as existing single family with the ability to convert to duplex (with approval/permits from City) which would then provide 4 bedroom unit on main/upper with 2 bedroom unit in lower. Currently vacant so select your own tenants at current market rents! Main floor consists of spacious living room/dining room, newer kitchen with dishwasher, washer/dryer & large bedroom with 3 Piece ensuite. Upstairs features 3 very spacious bedrooms and renovated/newer 4 piece bath. Recently renovated (2021) quality lower level (with separate side entrance) features Rockwool 22 fire/sound retardant insulation & 5/8 drywall in ceiling & provides up to 2 bedrooms with egress windows, living/common room area, combined kitchen & laundry with washer & dryer & 3 Piece bath. Potential gross annual rent in the $45,000 range. High Efficiency on demand water heater (rental) plus central air & high efficiency gas furnace with in-duct smoke/carbon monoxide detection in addition to linked/hard wired interconnect smoke/carbon monoxide detection system on all 3 floors. Recent improvements include: Ensuite Bathroom on main floor added 2021, new Refrigerator in main kitchen 2021, new flooring on main/upper 2021, new central air conditioning 2021. 3 Parking spaces at rear plus additional private drive/single detached garage off Gower Street. If you are looking for a quality, turn-key income property or owner live in with income, this is it! (id:19173)
Property Details
| MLS® Number | 40293460 |
| Property Type | Multi-family |
| Amenities Near By | Place Of Worship, Playground, Public Transit, Shopping |
| Parking Space Total | 4 |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 6 |
| Appliances | Microwave Built-in |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors, Unknown |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1350 |
| Utility Water | Municipal Water |
Parking
| Detached Garage |
Land
| Acreage | No |
| Land Amenities | Place Of Worship, Playground, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 120 Ft |
| Size Frontage | 33 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2-2 |
https://www.realtor.ca/real-estate/24662475/107-oxford-street-w-london
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August 09 2022 06:21:21
London and St. Thomas Association of REALTORS®
RE/MAX Centre City Realty Inc., Brokerage