434 SECOND STREET, London, Ontario N5W 4T1

434 SECOND STREET, London, Ontario N5W 4T1
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Get more details

$685,000.00

  • 8 bedrooms
  • 4 bathrooms

An excellent investment opportunity with proven cash flow, this fully tenanted 8-bedroom duplex near Fanshawe College offers immediate rental income and an attractive cap rate of over 6% based on current rental revenue and estimated operating expenses. The property consists of two self-contained 4-bedroom, 2-bathroom units, each featuring a private entrance, in-suite laundry, its own furnace and central air conditioning, and separately metered hydro. Current annual gross rental income is approximately $53,000, with an estimated net operating income of approximately $44,000. Located just steps from Fanshawe College, the property sits in one of London's ... read more

An excellent investment opportunity with proven cash flow, this fully tenanted 8-bedroom duplex near Fanshawe College offers immediate rental income and an attractive cap rate of over 6% based on current rental revenue and estimated operating expenses. The property consists of two self-contained 4-bedroom, 2-bathroom units, each featuring a private entrance, in-suite laundry, its own furnace and central air conditioning, and separately metered hydro. Current annual gross rental income is approximately $53,000, with an estimated net operating income of approximately $44,000. Located just steps from Fanshawe College, the property sits in one of London's strongest student and workforce rental markets, supporting consistent tenant demand and long-term investment appeal. Additional features include individual HVAC systems for each unit, internet and cable wiring in every bedroom, and a 12 x 10 shed with a steel roll-up door for convenient additional storage. An incredible opportunity to purchase a fully leased, income-producing asset offering immediate cash flow in one of London's most established rental locations. (id:25417)

  • Listing ID: X13586434
  • Property Type: Multi-family
Property
Lot Size: 54 by 88 FT|under 1/2 Acre
Parking: No Garage
7 Spaces
Building
Type: Multi-family Duplex
Appliances: Dryer, Two Refrigerators, Two Washers, Two Stoves, Water Heater and Dishwasher
HVAC: Central Air Conditioning, Fireplace and Forced Air
Natural Gas
Exterior: Vinyl Siding
Basement: N/A (Finished), N/A
Utilities: Sanitary Sewer
Location
City: London
Province: Ontario
Nearby Amenities: Public Transit and Schools
Rooms Level Dimensions
Bedroom Lower level 3.37 m x 3.12 m
Bedroom Lower level 3.19 m x 3.13 m
Bedroom Lower level 3.39 m x 2.8 m
Laundry room Lower level 1.75 m x 2.63 m
Living room Lower level 2.44 m x 4.03 m
Primary Bedroom Lower level 3.55 m x 3.14 m
Kitchen Main level 4.18 m x 2.45 m
Living room Main level 3.14 m x 5.64 m
Bedroom Main level 3.42 m x 3.19 m
Bedroom Main level 3.44 m x 3.01 m
Dining room Upper Level 3.78 m x 4.23 m
Kitchen Upper Level 3.78 m x 2.2 m
Bedroom Upper Level 4.05 m x 3.43 m
Primary Bedroom Upper Level 4.05 m x 3.41 m

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434 SECOND STREET, London, Ontario N5W 4T1
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This property, located on Second Street in London Ontario, was published on July 20th, 2026. See if this multi-family 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.

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