London South N6M 0B7 Ontario
MLS: X12265840
Added 53 days ago | For Sale
Listed by: EXECUTIVE REAL ESTATE SERVICES LTD.
Investor Alert! Rare Opportunity To Own A Cash-Flow Positive, Fully Upgraded Detached 2-Storey Home With A Brand New Legal Basement Apartment In The Highly Desirable Summerside Area Of London. This Income-Generating Property Features 4+2 Bedrooms, 5 Bathrooms, And Over 3,100 Sq. Ft Of Total Finished Living Space Ideal For Investors Or Buyers Looking To House Hack By Living Upstairs And Renting The Basement. The Main Unit Offers 4 Spacious Bedrooms, 3 Bathrooms, Main Floor Laundry With New Washer And Dryer, A Bright Open Layout, Brand New Engineered Hardwood Flooring, Fresh Paint, A Modern Kitchen With New Stove And Fridge, And New Quartz Countertops, Perfect For Large Families Or Strong Rental Income (Estimated Rent: $2,800$3,200/Month). The Legal Basement Apartment, Completed In January 2025 , Features 2 Bedrooms, 2 Bathrooms, A Separate Living Area, Private Laundry, And A Full Kitchen With New Appliances (Fridge, Stove, Range Hood). It Is Currently Rented At $1,700/Month To Excellent Tenants. With A Double-Car Garage And A Total Of 4 Parking Spaces, This Property Is Low-Maintenance And Move-In Ready Ideal For Both Passive Investors And Hands-On Homeowners. Located Just 5 Minutes From Hwy 401, Walking Distance To Public Transit And Meadowgate Park, And Close To Multiple Parks, Sports Courts, Trails, And Top-Rated Schools, This Is A Family-Friendly And Tenant-Attractive Neighbourhood. Whether You're House Hacking Or Building Your Rental Portfolio, This Dual-Income Home Delivers Immediate Cash Flow, Legal Peace Of Mind, And Long-Term Appreciation. Book Your Private Showing Today Opportunities Like This Don't Last!
Level | Type | Features | Dimensions |
---|---|---|---|
Main | Living Room | Hardwood Floor | 10 ft, 10 in x 15 ft |
Family Room | Hardwood Floor | 10 ft, 10 in x 20 ft, 11 in | |
Kitchen | Ceramic Floor, Stainless Steel Appl | 13 ft, 11 in x 10 ft, 10 in | |
Breakfast | Ceramic Floor | 10 ft, 6 in x 10 ft, 10 in | |
Second | Primary Bedroom | 4 Pc Ensuite, Walk-In Closet(s) | 11 ft, 11 in x 17 ft, 6 in |
Bedroom 2 | B/I Closet | 10 ft, 11 in x 14 ft, 3 in | |
Bedroom 3 | B/I Closet | 11 ft, 9 in x 18 ft, 5 in | |
Bedroom 4 | B/I Closet | 10 ft, 9 in x 11 ft, 11 in | |
Basement | Bedroom | 11 ft, 7 in x 9 ft, 5 in | |
Bedroom 2 | 11 ft, 7 in x 9 ft, 7 in |
No property rooms available.