For Sale - 12 MCDONALD AVE, London North, ON N6G 1B1

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David Bradica

david@davidbradica.com +1(905) 203-1777

$699,000

Est. payment - /mo

6 Beds

3 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision North K

MLS Listing ID X12050184

Style 2-Storey

Bedrooms 6

Annual Tax Amount $4,300

Tax Year 2024

Property Sub-Type Duplex

Property Description

LEGAL duplex in a very desirable location close to Western University on a cul-de-sac. The first unit includes 4 rooms two on the main floor and two in the finished basement. There is a full bathroom on both floors as well as a laundry unit, full kitchen on the main floor, and semi-kitchen in the basement (hotplate, fridge, microwave). The second, two-bedroom unit is at the back of the house and has its own separate and private entrance with a full kitchen, bath, deck, balcony and laundry unit. In addition to a porch deck, the back unit also has a balcony facing the spacious backyard. This house has a lot of rental potential with two, complete separate units and 6 rooms overall. It has been a very profitable and cash flow positive investment. It is currently rented out, so we require a min. 24-hour notice before holding showings. New roof (Sep 2022) on the front unit. Tremendous value for an investor or anyone wanting to live in one unit while renting out the rest of the house. The unique construction of front and back units provides extra privacy. Recently (2018) installed pot lighting and new appliances in the front unit. The house was fully renovated in 2008 and is very modern with a large parking lot. Prime area right at Oxford and Wharncliffe, very desirable both for family living and student rentals. Take decision after a showing as this is a very unique property. Flexible closing. Link to videos and more photos - https://drive.google.com/drive/folders/1bZebZieRMjUyI7VSLnzhtfxqFILsjZCt. The rear unit is rented out for 1,250 and one basement room for 800, . 3 rooms are still vacant which should yield between 2,500-2,800.

Location

Province ON

County Middlesex

Community North K

Area Middlesex

Zoning R2-3(2)

Rooms

Family Room No

Basement Finished, Full

Kitchen 3

Interior

Interior Features Accessory Apartment

Cooling Central Air

Inclusions All appliances and ELFs. 2 sets of washer-dryer, 3 fridges, dishwasher, 2 stoves, cooking plate, 3 microwaves.

Exterior

Parking Features Private Double, Private, Available

Pool None

Roof Type Asphalt Shingle

Lot Frontage 30.0

Lot Depth 207.0

Total Parking Spaces 6

Building

Foundation Concrete

New Construction false

Others

Senior Community No

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David Bradica

+1(905) 203-1777

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12 MCDONALD AVE London North, ON N6G 1B1

David Bradica

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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12 MCDONALD AVE

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