Waterfront
Address
2 Saunby Street, London North (North K), ON
Price
$ 718,000
Property Attributes
  • ID#X13818204
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityLondon North (North K)
  • CityLondon North (North K)
  • NeighbourhoodNorth K
  • Postal CodeN6G 1A1
  • StyleSingle Family Dwelling
  • Price$ 718,000
  • Bedrooms6
  • Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1500
Data Source:
RLP - CREA EN
Property Description

DUPLEX ON THE THAMES RIVER!!! Exceptional investment opportunity with strong multi-unit income potential. This well-appointed duplex bungalow features a fully finished lower level and an outstanding location near downtown London and Western University. Residents enjoy convenient access to a wide range of amenities within walking distance, along with nearby public transit at Oxford Street and Western Road. The property also borders the Thames River and offers beautiful views of the river, Gibbons Park, and London's iconic Thames-Oxford Railway Bridge. The main level features three spacious bedrooms, a full kitchen, and a complete bathroom. The lower unit offers an additional three bedrooms, a separate full kitchen, and a full bathroom-providing versatile rental options and comfortable living space for tenants. Previously generating more than $51,000 in annual net income, based on rental income of approximately $717 per bedroom per month plus utilities, this property is designed for efficient cash flow. Both units are separately metered for hydro, while gas heating and water costs are shared between the tenants. With its rare riverfront setting, flexible layout, and proximity to downtown and Western University, this is a unique turnkey investment opportunity offering excellent long-term value. Don't miss your chance to own one of London's most distinctive income properties.

General Features

Zoning R2-3 (2)
Terms SALE
Neighbourhood North K
Construction Style Detached
Property Sub Type Single Family
jumpId 29283560
Property Subtype French Single Family Dwelling
Listing Type French House
MLS X13818204
Appliances Dryer, Microwave, Stove, Washer, Refrigerator
Architectural Style Bungalow
Building Type House
Features Cul-de-sac, Irregular lot size, Conservation/green belt
Property Type Single Family
Sewer Sanitary sewer

Interior Features

Living Area Range 1500 sqft
Bedrooms 6
Basement Finished
Basement Type Full
Cooling Type Central air conditioning
Foundation Type Block
Heating Fuel Natural gas
Heating Type Forced air
Beds 6
Total Baths 2
Total Baths 2

Exterior Features

Exterior Finish Aluminum siding, Concrete Block
Parking Type No Garage
Waterfront yes

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in N6G 1A1

Price
AVG $720K
$720K

Your Agent

Listed By
MACKENZIE HINSCHBERGER with RE/MAX CENTRE CITY REALTY INC. ; DAN HINSCHBERGER