London East, ON N6A2V6 808 TALBOT STREET

$849,900

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Presented By: COLDWELL BANKER POWER REALTY
  • MLS# X12130084
  • 05/07/2025
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 2
  • SQFT • 2,000

Home Details

Turnkey licensed duplex in prime Old North location-steps to Gibbons Park and walking distance to UWO, St. Josephs Hospital, and Downtown London. High-demand rental area with proximity to transit, shopping, and entertainment as well as direct bus route to UWO. This extremely well-maintained property features a private double drive and 5 designated parking spots-rare and income-generating. Upper unit offers 4 bedrooms at $3,339/month. Main floor is a 2 bedroom unit leased at $2,100/month. Both units are leased until April 30, 2026. Annual rental income: $65,268 + $1,800/year from parking = $67,068 total. Each unit has in-suite laundry. Owner pays heat ($1,835/year) and hydro ($3,246/year). Recent upgrades include new furnace and a/c (2018), roof and skylights (2016), owned water heater and fresh paint throughout. Strong cap rate with potential for rent increases upon tenant turnover. This is an exceptional investment in a high-demand location with proven income and long-term value growth. (id:7434)
Presented By: COLDWELL BANKER POWER REALTY

Interior Features for 808 TALBOT STREET

Other Interior Features

Basement DevelopmentUnfinished
Basement TypeFull (Unfinished)
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air

General for 808 TALBOT STREET

AmenitiesHospital, Park, Schools
Building Age100+ years
Building AppliancesWater Heater, Dishwasher, Dryer, Two stoves, Two Washers, Two Refrigerators
Building Cooling TypeCentral air conditioning
Building TypeDuplex
Building.StoriesTotal2
CommunityNameEast B
FeaturesFlat site, Guest Suite, In-Law Suite
Foundation TypePoured Concrete
Location DescriptionWest on Oxford Street from Richmond Street. North on Talbot Street. Property is on\r\nthe right.
Parking Space Total5
Property TypeMulti-family
Zoning DescriptionR3-2

Exterior for 808 TALBOT STREET

Exterior FinishBrick
Fence TypeFenced yard
Land Amenities Hospital, Park, Schools
SewerSanitary sewer
StructureDeck

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $849,900
MLS#X12130084
List Date 05/07/2025
Property Type Multi-Family
Phone 403.608.2191
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Request Info
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