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London North,ON N5X 1Z5
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision North H
MLS Listing ID X12416468
Style Bungalow
Bedrooms 5
Annual Tax Amount $3,956
Tax Year 2024
Property Sub-Type Duplex
Property Description
Discover this fully legal duplex in a quiet North London neighborhood, just minutes from Masonville, Western University, and Fanshawe College. Ideal for investors, multi-generational families, or anyone seeking a mortgage helper, this property offers flexibility and strong returns. The vacant main unit features 3 bedrooms, a stunning floor-to-ceiling fireplace, a bright 5-piece bath with glass shower, and an oversized living room window. The renovated lower unit includes 2 bedrooms, a 3-piece bath, and large egress windows currently rented and generating income. Each unit has private entrances and in-unit laundry. Tenants pay utilities (main: 70%, lower: 30%), with total revenue around $50,000/year. This property features a modern energy-efficient heat pump valued at over $15,000 offering year-round comfort with significant utility savings. A spacious backyard adds even more appeal. This is a rare opportunity in a prime location!
Location
Province ON
County Middlesex
Community North H
Area Middlesex
Rooms
Family Room No
Basement Apartment,Separate Entrance
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Accessory Apartment,Carpet Free,In-Law Suite
Cooling Central Air
Fireplaces Type Electric
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 53.0
Lot Depth 151.0
Total Parking Spaces 2
Building
Foundation Poured Concrete
Others
Virtual Tour https://unbranded.youriguide.com/gjfye_75_tweed_crescent_london_on/