Amazing Investment Opportunity Located in the heart of London! This turn-key, low-maintenance legal duplex in Old East Village will be an amazing addition to your portfolio. Close to downtown, Western Fair Farmer's Market and all amenities, including bus routes to both Fanshawe College and UWO. Perfect for anyone looking for a spacious, cash-flowing investment or a mortgage helper to ease their payments. This building features 2 spacious units and has an extensive list of recent updates: Three Hydro meters and updated Electrical Panels (2022), Roof (2014), Siding/eavestrough/soffits/fascia (2021), Updated plumbing (2021), Furnace (2019), Fence (2020-2021). In addition, there is a coin-operated shared laundry and plenty of parking. Separate entrances for both units and the full unfinished basement for storage/workshop. Fully rented to high-quality A+ tenants for a total of $3250/month - $1,500 for Unit 1 and $1,750 for Unit 2.
Address
553 Quebec Street
List Price
$485,000
MLS® Status
New
Expiration Date
2026-10-27
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
2-Storey
Transaction Type
Sale
Area
London East
Sub-Area
East G
Region
Middlesex
Bedrooms
4
Bedrooms (Total)
4
Rooms Above Grade
6
Bathrooms
2
Floor Area
1100-1500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
100.26
Lot Size Units
Feet
Lot Width
32.41
Parcel Number
082840017
Occupant Type
Tenant
Cross Street
Elias
MLS® Number
X13049934
Listing Brokerage
EXP REALTY
Basement Area
Full, Unfinished
Postal Code
N5W 3Y9
Parking
Private Double
Parking Places (Total)
4
Parking Spaces
4
Tax Amount
$3,537.00
Tax Year
2025
Interior Features
Other
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Aluminum Siding, Brick
Direction Faces
West
Fireplace
No
Foundation Details
Brick
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PART LOT 14, BLOCK P, PLAN 304(3RD) AS IN 700382
Waterfront
No
Water Body Type
Lake
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Primary Bedroom | 13.3 x 10.3 | ||
| Bedroom 2 | 9 x 13.2 | ||
| Bedroom 3 | 8.11 x 13.2 | ||
| Dining Room | 18.5 x 10.11 | ||
| Kitchen | 12.1 x 9.1 | ||
| Bathroom | 5.1 x 9.1 | ||
| Bathroom | 6.6 x 7.1 | ||
| Laundry | 7.8 x 8.7 |