454 Salisbury St, London, Ontario N5Y 3B2
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
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Price/Sqft$701/sqft
Est. Mortgage$2,576/mo
Tax Amount (2024)$4,169/yr
Days On Market40 days
Description
INVESTORS! Youre not going to want to miss this LEGAL, LICENSED DUPLEX with a potential 6.4% CAP RATE!!!! This all-brick two unit property with separate detached garage (bonus income potential) is located in a great neighbourhood with an easy commute to Fanshawe College, downtown London, parks, schools and more. The main unit combines comfort with functionality featuring three bedrooms, a generously sized kitchen and a living room with updated laminate flooring, vinyl windows and central air conditioning. This unit is currently rented to excellent tenants at market rent. With the spacious recently renovated two-bedroom lower-level unit being vacant, you can choose your own tenant or have a family member move in as well. Shared laundry is available in the common space making it an attractive feature for prospective tenants. Additional features include the home being equipped with a modern Nest thermostat and a newer furnace. Don't forget the entertainment options with nearby craft breweries and the bustling hubs of The Factory and Clubhouse. This property is perfect for investors looking for a turnkey investment, parents of students attending Fanshawe, and home-owners looking for income potential.
Property Details
Interior
Features
Main Floor
Kitchen
3.54 x 4.15Primary
3.94 x 4.0Br
3.02 x 3.12Br
2.83 x 3.12Exterior
Features
Parking
Garage spaces 1
Garage type Detached
Other parking spaces 2
Total parking spaces 3
Property History



