A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 525 Quebec St, London East Ontario N5W 3Y8
43 days on Market

525 Quebec St, London East, Ontario N5W 3Y8

Townhouse
5
3
~1500-2000 sqft
$•••,•••
$499,900
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Townhouse
5
3
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$291/sqft

Est. Mortgage$2,147/mo

Tax Amount (2024)$3,571/yr

Days On Market43 days


Description

**House Hacking Opportunity** with this fantastic investment property, conveniently located near popular attractions such as The Factory and the Western Fair Grounds and just minutes from downtown London. This Duplex brings in great income and is the ideal investment for those looking to expand their real estate portfolio. This charming property offers 2 spacious units, each with 2 bedrooms (and 1 with a bonus Den), allowing renters to enjoy plenty of space and privacy. Both of these units have in-suite laundry facilities that provide the utmost in convenience for tenants, while an abundance of natural light keeps the units bright and welcoming. For added income there is also an additional Bachelor unit. The property is perfectly situated near major bus routes and is just a stone's throw from local schools, shops, parks, Western Fair & Kelloggs Factory, making this a highly desirable location among renters. Parking will never be an issue, with ample space for residents and visitors alike. This incredible investment property is fully tenanted, providing landlords with immediate rental income from the get-go. The building itself is well-maintained, with regular upkeep and improvements carried out over the years. Investing in real estate has never been easier or more profitable, thanks to this fantastic duplex in a premium location. Don't miss out on your chance to make a smart investment in London's thriving real estate market.


Property Details

Style1 1/2 Storey
View-
Age of property100+
SqFt~1500-2000 SqFt
Lot Size7,419 SqFt(150 x 49.46)
Parking Spaces5
MLS ®NumberX12040910
Community NameEast London
Data SourceTRREB
Listing byOUR NEIGHBOURHOOD REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished

Main Floor

Kitchen

3.98 x 3.76

Dining

4.9 x 4.36

Br

2.66 x 4.16

2nd Br

2.64 x 3.76


Features

Lot size: 7,419 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by OUR NEIGHBOURHOOD REALTY INC., Brokerage
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Market Data - East London

Geo Zone Map ThumbnailEast London

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

149 days

Compared to

2024

0 day

2023

0 day

2022

0 day

New Listings

Past 30 days

7 listings

Compared to

2024

1 listing

2023

1 listing

2022

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

0 unit

2022

0 unit

Median Sold Price

Past 30 days

$960,000

Compared to


Population and Demographics

Overview

Total population 10542
Average household income $82,222

Age (%)

20 to 34
31%
50 to 64
22%
35 to 49
19%
0 to 19
16%
65 and plus
13%

Household composition (%)

Single person
45%
Single family
45%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
87%
Others
5%
Spanish
3%
Portuguese
1%
French
1%

House tenancy (%)

Renters
55%
Owners
45%

Schools and amenities

Estimated Budget