London East, ON N5Y 3A4,11 CONNAUGHT AVE
$457,500
$499,900
8.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

4 BD
2,028 SqFt

11 CONNAUGHT AVE London East, ON N5Y 3A4

Est. payment /mo
SOLD DATE : 10/02/2023

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $457,500

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 700-1100

Square Footage 2,028 sqft

Price per Sqft $225

Subdivision East G

MLS Listing ID X7815959

Style Bungalow-Raised

Building Age 31-50

Annual Tax Amount $2,702

Tax Year 2022

Property Sub-Type Detached

Property Description

UPPER UNIT TENANT VACATING BY OCTOBER 1, LOWER tenant pays 985/mo plus their own electricity.- Introducing a rare purpose-built 4 bedroom investment property currently being operated as a duplex, featuring an upper and lower unit, offering both a comfortable living space and excellent investment potential. Each unit has its own entrance, kitchen, bathroom, and convenient in-suite laundry facilities, providing a private and self-contained living experience. Both of these units are rented to tenants who are currently month-to-month, so this setup is perfect for those seeking a mortgage helper by moving into one of the units themselves while renting out the other, or for savvy investors looking to maximize their returns. Furthermore, this property offers the versatility to be converted back into a single-family home, catering to the changing needs of its future owner. The independence of separate water heaters, hydro metres and outdoor storage for each unit provides additional convenience and utility. Location is key, and this home is ideally situated in close proximity to Fanshawe College, downtown amenities, and a main bus route to ensure a steady stream of potential tenants, making it an appealing choice for both students and working professionals alike. Whether you're looking for a comfortable home with a built-in income source or a smart investment venture, this property offers the best of both worlds. Schedule a viewing today and explore the potential this property has to offer.

Location

Province ON

County Middlesex

Community East G

Area Middlesex

Zoning R2-2

Rooms

Bedrooms 4

Kitchen 2

Interior

Cooling Other

Laundry Ensuite, Multiple Locations

Exterior

Parking Features Private Double, Other

Pool None

Roof Type Asphalt Shingle

Building

Foundation Poured Concrete

New Construction false

Read Less


Listed by MAVERICK REAL ESTATE INC., BROKERAGE

GET MORE INFORMATION

agent

Frank Lardi

Broker | License ID: 4733678

+1(416) 500-4793

Name
Phone*
Message

Free Account Required

  • Instant access to listing photos & details
  • Save listings and searches
  • Access details for this property