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12 MCDONALD Avenue Image 1

$729,000

Mar 31Duplex For Sale
bedrooms6bed
washrooms7bath
MLS - #X12050184

12 MCDONALD Avenue, London North, ON N6G 1B1

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Property Description

Property type

Duplex

Lot size

< .50 acres

Style

2-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Bedroom4.8 x 3.57 mN/AMain
Bathroom2 x 3 mN/AMain
Bathroom2 x 3 mN/AMain
Kitchen3.48 x 3.45 mN/AMain

About 12 MCDONALD Avenue

LEGAL duplex in a very desirable location close to Western University on a cul-de-sac. The first unit includes 4 rooms two on the main floor and two in the finished basement. There is a full bathroom on both floors as well as a laundry unit, full kitchen on the main floor, and semi-kitchen in the basement (hotplate, fridge, microwave). The second, two-bedroom unit is at the back of the house and has its own separate and private entrance with a full kitchen, bath, deck, balcony and laundry unit. In addition to a porch deck, the back unit also has a balcony facing the spacious backyard. This house has a lot of rental potential with two, complete separate units and 6 rooms overall. It has been a very profitable and cash flow positive investment. It is currently rented out, so we require a min. 24-hour notice before holding showings. New roof (Sep 2022) on the front unit. Tremendous value for an investor or anyone wanting to live in one unit while renting out the rest of the house. The unique construction of front and back units provides extra privacy. Recently (2018) installed pot lighting and new appliances in the front unit. The house was fully renovated in 2008 and is very modern with a large parking lot. Prime area right at Oxford and Wharncliffe, very desirable both for family living and student rentals. Take decision after a showing as this is a very unique property. Flexible closing. Link to videos and more photos - https://drive.google.com/drive/folders/1bZebZieRMjUyI7VSLnzhtfxqFILsjZCt. The rear unit is rented out for 1,250 and one basement room for 800, . 3 rooms are still vacant which should yield between 2,500-2,800.

Home Overview

Last updated

Mar 31

Virtual tour

None

Basement information

Finished, Full

Building size

--

Status

In-Active

Property sub type

Duplex

Maintenance fee

$N/A

Year built

2024

Listed by RIGHT AT HOME REALTY

Additional Details

Basement:Finished, Full
Cooling:Central Air
Heating:Forced Air
Parking Features:Private Double, Private, Available

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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