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$ 559,000
Est. payment /mo
Active
1942 DULUTH CRESCENT London, ON N5V1H7
6 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision East I
MLS® Listing ID X11902679
Style Bungalow
Bedrooms 6
Originating Board Toronto Regional Real Estate Board
Property Description
CALLING LONDON INVESTORS: Welcome to 1942 Duluth Cres, a fully renovated investment gem (High CAP RATE) in the heart of London. This spacious bungalow features a 3+3 bedroom, 1+1 bathroom, 1+1 kitchen layout on a generous 50x136 ft lot. Completed in 2022, the modern renovation includes great finishes throughout, making this property as turnkey as they come. Generating $4,000/month in rental income, its an excellent opportunity for investors. The open-concept main floor offers a bright and inviting living space, with a contemporary eat-in kitchen that showcases upgraded cabinetry and sleek, modern appliances. Each of the three bedrooms on this level provides ample room for relaxation, and the seamless flow between the kitchen, dining, and living areas creates an ideal setting for entertaining or family gatherings. A separate side entrance leads to a fully finished in-law suite featuring 3 Bedrooms, 1 Bathroom, laundry, and kitchen. Outside, the expansive backyard offers endless possibilities for outdoor enjoyment, with plenty of space for relaxing or social gatherings. Nestled in a vibrant community, 1942 Duluth Cres provides easy access to Forest View Park, the Thames River pathway, and is only minutes from major amenities including dining, shopping, and groceries. The location is ideal, with convenient access to the 401 and proximity to the airport, making citywide travel a breeze. Don't miss this opportunity to own a beautifully modernized cash flowing investment property in one of London's most accessible and cash flowing rental neighbourhoods! (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 1
Sewer Sanitary sewer
Architectural Style Bungalow
Others
Ownership Freehold
Listed by RARE REAL ESTATE