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557 Ontario Street London, Ontario N5W 3X9

4 Bedroom 3 Bathroom 1586
2 Level Central Air Conditioning Forced Air

$649,900

Attention Investors, Check out this opportunity to own a Triplex in Old East Village! The main floor 2 bedroom unit is leased for $1500 all-inclusive and features 2 bedrooms, Upper unit (1 bedroom) is owner-occupied and the basement unit (1 bedroom) is leased for $800 all-inclusive. $27,600 in gross annual income but can be increased significantly if you lease out the upper unit as well. This property has shared laundry in the basement, plenty of parking space, a huge insulated (25 x 30) shop/double garage with 9-foot doors and 10-foot ceilings currently being used by the owner. This move-in-ready home with many updates is available to become yours, you can live on the main floor and keep the other two units rented out or rent out the main floor as well and increase your annual income even more. Located within close proximity to bus routes, Downtown, many restaurants & bars, great schools and major highways. (id:19173)

Property Details

MLS® Number 40199025
Property Type Single Family
Amenities Near By Hospital, Public Transit, Shopping
Equipment Type None
Parking Space Total 5
Rental Equipment Type None
Structure Porch

Building

Bathroom Total 3
Bedrooms Above Ground 3
Bedrooms Below Ground 1
Bedrooms Total 4
Appliances Dryer, Refrigerator, Stove, Washer
Architectural Style 2 Level
Basement Development Partially Finished
Basement Type Partial (partially Finished)
Constructed Date 1983
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1586
Type House
Utility Water Municipal Water

Parking

Detached Garage

Land

Access Type Highway Nearby
Acreage No
Land Amenities Hospital, Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 108 Ft
Size Frontage 43 Ft
Size Total Text Under 1/2 Acre
Zoning Description R3-2

Rooms

Level Type Dimensions
Second Level 4pc Bathroom Measurements not available
Second Level Den 4'4'' x 12'8''
Second Level Kitchen 9'8'' x 12'8''
Second Level Living Room 11'0'' x 13'2''
Second Level Primary Bedroom 13'4'' x 10'5''
Second Level Kitchen 9'8'' x 12'8''
Basement Laundry Room 18'5'' x 12'10''
Basement 4pc Bathroom Measurements not available
Basement Kitchen 12'5'' x 7'5''
Basement Primary Bedroom 9'5'' x 12'3''
Basement Recreation Room 17'6'' x 10'
Main Level 4pc Bathroom Measurements not available
Main Level Living Room 13'5'' x 13'1''
Main Level Kitchen 11'11'' x 12'7''
Main Level Bedroom 9'3'' x 10'1''
Main Level Primary Bedroom 13'3'' x 9'11''

Utilities

DSL* Available

https://www.realtor.ca/real-estate/23933119/557-ontario-street-london

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