ID 688007

354 SPRUCE STREET, London, Ontario N5W 4N7

354 SPRUCE STREET, London, Ontario N5W 4N7

$688,884.00

  • 5 bedrooms
  • 3 bathrooms

Situated on a beautiful quiet treed street, sits this newly renovated historic charmer multi-unit property. The second story addition of a new upper legal unit was just completed with building permit in 2023. This is the perfect owner occupy mortgage helper, multi-generational home or turnkey investment property (over $62,000 annual rent income possible). Presently the main level three bedroom unit is rented at $2074 a month plus utilities; and $1529 for the garden suite inclusive of utilities. There is a rare detatched coach house tucked away in the backyard that provides the perfect work-from-home studio location you have been searching for or just ... read more

Situated on a beautiful quiet treed street, sits this newly renovated historic charmer multi-unit property. The second story addition of a new upper legal unit was just completed with building permit in 2023. This is the perfect owner occupy mortgage helper, multi-generational home or turnkey investment property (over $62,000 annual rent income possible). Presently the main level three bedroom unit is rented at $2074 a month plus utilities; and $1529 for the garden suite inclusive of utilities. There is a rare detatched coach house tucked away in the backyard that provides the perfect work-from-home studio location you have been searching for or just additional income! Currently the upper spacious studio unit is vacant making this a perfect mortage helper property for the owner to reside in one unit and collect rental income from the other two units. Top to bottom, nearly everything has been redone from new luxury vinyl plank floors throughout, new roofs, a new on demand high efficiency hot water heater system, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves), brand new redone bathrooms with luxury tile, stainless steel appliances, and a brand new heat pump / AC system to be installed prior to closing. This is not one to miss, such a unique property with all these features rarely comes on the market. Seller financing / vendor take back option to aid in the process of downpayment possible for qualified buyers. Dont wait! (id:25417)

  • Listing ID: X9056488
  • Property Type: Single Family
Property
Lot Size: 40 by 233 FT|under 1/2 Acre
Parking: Tandem
3 Spaces
Building
Type: Single Family Triplex
Appliances: Range, Refrigerator, Stove, Washer and Water Heater
HVAC: Baseboard Heaters, Central Air Conditioning and Fireplace
Electric
Exterior: Vinyl Siding
Basement: N/A (Unfinished)
Utilities: Cable and Sanitary Sewer
Location
City: London
Province: Ontario
Nearby Amenities: Community Centre, Park, Place Of Worship, Public Transit, School Bus and Schools

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354 SPRUCE STREET, London, Ontario N5W 4N7
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This property, located on Spruce Street in London Ontario, was published on July 26th, 2024. See if this home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in London convenient.