321 SALISBURY STREET, London, Ontario N5Y 3A8
$535,000.00
- 5 bedrooms
- 2 bathrooms
Turnkey legal duplex offering an exceptional opportunity for investors or end-users seeking the ultimate mortgage helper! The extensively updated upper unit features 3 bedrooms, a spacious light-filled living room, a generous kitchen with direct access to a freshly painted rear deck, an updated bathroom, and fresh paint throughout. The fully self-contained lower unit offers a private front entrance, 2 bedrooms, large windows, an open-concept living/dining area, and a private kitchen. Both units have convenient access to shared basement laundry with interior access. The lower unit is currently rented for $1,500/month plus utilities, providing immediate ... read more
Turnkey legal duplex offering an exceptional opportunity for investors or end-users seeking the ultimate mortgage helper! The extensively updated upper unit features 3 bedrooms, a spacious light-filled living room, a generous kitchen with direct access to a freshly painted rear deck, an updated bathroom, and fresh paint throughout. The fully self-contained lower unit offers a private front entrance, 2 bedrooms, large windows, an open-concept living/dining area, and a private kitchen. Both units have convenient access to shared basement laundry with interior access. The lower unit is currently rented for $1,500/month plus utilities, providing immediate rental income to help with mortgage costs. The tenant can be assumed by the buyer, or vacant possession can be provided with 60 days' notice. Recent upgrades include basement flooring, paint and kitchen improvements in 2025, including a new refrigerator, exhaust fan and electric cooking range; heat pumps and a wall-mounted AC unit installed in 2025; separate electrical panels for each unit upgraded from 60 amps to 100 amps in 2025; an upgraded upper-unit bathroom shower enclosure, faucet, sink and vanity in 2026; a lower-unit bathroom vanity and glass shower door installed in 2025; an upgraded upper-unit living room window in 2025; and a washer and dryer replaced in 2026. Additional improvements include an expanded driveway (2018), rear patio addition (2020), new eavestroughs (2021), tub reglazing (2021), and bathroom updates (2021). With numerous recent upgrades, efficient heating and cooling, two separate living spaces, and flexible occupancy options, this property is ideal for investors or buyers looking to live in one unit while generating rental income from the other. Schedule your showing today! (id:25417)
- Listing ID: X13859180
- Property Type: Single Family
| Property | |
|---|---|
| Style: | Raised Bungalow |
| Ownership: | Freehold |
| Lot Size: | 53.1 by 100.2 FT |
| Parking: | No Garage 3 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Hood Fan, Refrigerator, Stove and Dishwasher |
| HVAC: | Baseboard Heaters, Fireplace and Wall Unit Electric |
| Exterior: | Brick |
| Basement: | Full (Finished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | London |
| Province: | Ontario |
| Rooms | Level | Dimensions |
|---|---|---|
| Bathroom | Lower level | 1.98 m x 1.55 m |
| Laundry room | Lower level | 2.86 m x 2 m |
| Living room | Lower level | 6.14 m x 3.39 m |
| Kitchen | Lower level | 3.38 m x 2.02 m |
| Bedroom 4 | Lower level | 3.38 m x 3.14 m |
| Bedroom 5 | Lower level | 3.32 m x 3.12 m |
| Foyer | Main level | 1.09 m x 0.97 m |
| Living room | Main level | 3.81 m x 4.71 m |
| Primary Bedroom | Main level | 3.45 m x 3.06 m |
| Bedroom 2 | Main level | 2.74 m x 2.71 m |
| Bedroom 3 | Main level | 2.38 m x 3.04 m |
| Bathroom | Main level | 2.13 m x 1.55 m |
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