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2 SAUNBY STREET, London North (North K)

6 BEDS · 2 BATHS · 1100 - 1500 sqft

$718,000

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 Info


MLS Listing ID: X13818204 Bedrooms: 6 Bathrooms: 2 Year Built: 0
Listing Type: Single Family Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Block Roof: N/A Title To Land: Freehold Parking Space Total: 6
Parking: No Garage Heating: Forced air Size: 1100 - 1500 sqft Air Conditioning : Central air conditioning
Home Style: N/A Finished Floor Area: N/A Fireplaces: Monitored Alarm Basement: Full (Finished)
Water Supply: Municipal water Road Type: N/A Pool Type: N/A
Listed BY: MACKENZIE HINSCHBERGER, RE/MAX CENTRE CITY REALTY INC

Amenities/Features


  • Cul-de-sac
  • Irregular lot size
  • Conservation/green belt

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