71 STANLEY ST Active

London,ON N6C 1B3

$ 619900

3 Beds

2 Baths

1901 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,901 sqft

Price per Sqft $326

MLS Listing ID X8382460

Style 2-Storey

Bedrooms 3

Annual Tax Amount $3,243

Tax Year 2023

Property Description

An exciting opportunity awaits investors and first-time buyers looking for a mortgage helper. Located in Downtown London, this two-storey yellow brick duplex is your ticket to long-term wealth building while enjoying all the nearby amenities this growing city has to offer. Whether embarking on a new chapter or expanding your investment portfolio, this property offers many perks to even the most discerning buyer. Practicality meets comfort in the main floor unit featuring one bedroom (with the possibility for two), 4pc bathroom, good sized kitchen with gas stove and plenty of cabinetry, convenient laundry in lower level, soaring ceilings, plenty of character throughout including a timeless fireplace, ample storage space and smart layout with front and rear entrances.The upper level unit offers a practical layout and unique features with two bedrooms, 3pc bathroom, large kitchen with s/s appliances and an abundance of counter space, in-unit laundry, formal dining room and two living rooms including an impressive loft with vaulted ceilings. As an added bonus, this duplex provides plenty of storage in the lower level that is easily segregated between tenants and comfortable parking for 3 vehicles. Experience the best of downtown living with this strategically located property, just a hop, skip and a jump from Labatt Memorial, Ivey, and Harris Park, stunning walking/riding trails, Budweiser Gardens, Covent Garden Market, and every other downtown attraction. Both tenants are on month-to-month terms with rents as follows, Upper Level: $1,153. Main Level: $801. Tenants pay their separately metered hydro and gas. Landlord pays water.Theres a reason every smart investor emphasizes location, location, location. Londons long-term outlook couldnt be better so take advantage of this rare Downtown property today!

Location

Province ON

County Middlesex

Area South F

Rooms

Family Room No

Basement None

Kitchen 2

Ensuite Laundry Ensuite

Interior

Interior Features Other

Laundry Location Ensuite

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Deck

Garage Private Double,Other

Garage Spaces 3.0

Pool None

Utilities Available Unknown

Waterfront No

Roof Type Asphalt Shingle

Parking Type None

Total Parking Spaces 3

Building

Unit Features Fenced Yard

Foundation Block

New Construction false

Others

Security Features Carbon Monoxide Detectors

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