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227 Platt's Lane London, Ontario N6H 2H5

6 Bedroom 2 Bathroom 1057
Bungalow Central Air Conditioning Forced Air Landscaped

$625,000

This all brick bungalow has endless opportunities as a 6 bedroom single residence, 5 bedroom student rental, as it is located in close proximity to UWO (4 minute drive, 17 minute on transit, or 30 minute walk). 4 tenants are on lease until April 30th 2024, 1 tenant on lease until August 31th 2024. 1 room in lower level has been vacated by owner and can be easily rented out with high value. Current annual income is close to $40,000, with potential for more when all the rooms are leased. The property comes with 2 full bathrooms, one on each level, plus 1-car garage that is being used for storage. Larger than it looks with an addition on rear of property, approx. 2300 sq. ft. of living space. Updates include roof (2017), roof blow in insulation (2018), AC (2018), windows in rear extension (2019), stainless steel appliances, and new water heater (2022), updated electrical outlets, large nicely finished basement, R2-2 zoning, potential for duplex, treed and picturesque backyard and back patio are sure to please. High Efficiency Furnace is less than 10 years old. Just 4 minute walk to Cherryhill Mall and close to all major amenities including grocery stores, pharmacies, Costco, shopping and many cafes and restaurants. (id:19173)

Property Details

MLS® Number 40442899
Property Type Single Family
Amenities Near By Airport, Place Of Worship, Public Transit, Schools, Shopping
Community Features Community Centre, School Bus
Equipment Type Water Heater
Parking Space Total 2
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 3
Bedrooms Total 6
Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer
Architectural Style Bungalow
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding, Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1057
Type House
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Airport, Place Of Worship, Public Transit, Schools, Shopping
Landscape Features Landscaped
Sewer Municipal Sewage System
Size Depth 140 Ft
Size Frontage 50 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2-2

Rooms

Level Type Dimensions
Basement 4pc Bathroom Measurements not available
Basement Bedroom 9'1'' x 11'3''
Basement Bedroom 14'8'' x 7'7''
Basement Bedroom 10'8'' x 12'2''
Basement Living Room 25'11'' x 14'9''
Basement Sitting Room 20'4'' x 9'0''
Main Level 3pc Bathroom Measurements not available
Main Level Bedroom 10'4'' x 11'0''
Main Level Bedroom 10'3'' x 8'11''
Main Level Bedroom 9'0'' x 10'0''
Main Level Dining Room 18'6'' x 12'7''
Main Level Kitchen 10'6'' x 9'10''
Main Level Family Room 16'4'' x 19'5''

https://www.realtor.ca/real-estate/25751441/227-platts-lane-london

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