London, ON N5W4N7 354 SPRUCE STREET

$739,000

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Presented By: EXP REALTY
  • MLS# X9056488
  • 07/26/2024
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 3

Home Details

Situated on a beautiful quiet treed street, sits this newly renovated historic charmer multi-unit property. The second story addition of a new upper legal unit was just completed with building permit in 2023. This is the perfect owner occupy mortgage helper, multi-generational home or turnkey investment property (over $62,000 annual rent income possible). Presently the main level three bedroom unit is rented at $2074 a month plus utilities; while both the upper level unit and the garden suite units are each generating $1423 a month inclusive of utilites. These two units are set to turn and the projected rent is $1549 for the upper unit and $1595 for the garden suite. There is a rare detatched coach house tucked away in the backyard that provides the perfect work-from-home studio location you have been searching for or just additional income! Top to bottom, nearly everything has been redone from new luxury vinyl plank floors throughout, new roofs, a new on demand high efficiency hot water heater system, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves), brand new redone bathrooms with luxury tile, stainless steel appliances, and a brand new heat pump / AC system to be installed prior to closing. This is not one to miss, such a unique property with all these features rarely comes on the market. Seller financing / vendor take back option to aid in the process of downpayment possible for qualified buyers. Dont wait! (id:7434)
Presented By: EXP REALTY

Interior Features for 354 SPRUCE STREET

Other Interior Features

Basement DevelopmentUnfinished
Basement TypeN/A (Unfinished)
Building Fireplace PresentFalse
Building Heating FuelElectric
Building Heating TypeBaseboard heaters

General for 354 SPRUCE STREET

AmenitiesPark, Place of Worship, Schools, Public Transit
Building AppliancesWater Heater, Range, Refrigerator, Stove, Washer
Building Basement FeaturesWalk-up
Building Cooling TypeCentral air conditioning
Building TypeTriplex
Building.StoriesTotal2
Community FeaturesSchool Bus, Community Centre
CommunityNameEast H
FeaturesLighting, In-Law Suite
Foundation TypeBlock, Slab
Location DescriptionDundas St & Spruce St; Take Dundas St East or West to Spruce St; Head South on Spruce St; Property on East Side of Spruce St
Parking Space Total3
Property TypeSingle Family
Suite - LegalNo
Zoning DescriptionR2-3

Exterior for 354 SPRUCE STREET

Exterior FinishVinyl siding
Land Amenities Park, Place of Worship, Schools, Public Transit
SewerSanitary sewer
StructureDeck, Porch

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $739,000
MLS#X9056488
List Date 07/26/2024
Property Type Single Family
Phone 403.608.2191
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Request Info
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