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7 Durham Street Image 1

$499,900

Apr 28Duplex For Sale
bedrooms6bed
washrooms8bath
MLS - #X12107700

7 Durham Street, London East, ON N5Y 2H9

1
Similar Homes Found
$675,000
Average Price
-25.9%
Lower than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Duplex

Lot size

< .50 acres

Style

1 1/2 Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Living Room5.12 x 4.31 mN/AMain
Kitchen3.68 x 2.62 mN/AMain
Primary Bedroom3.84 x 3.22 mN/AMain
Bedroom 23.04 x 2.59 mN/AMain

About 7 Durham Street

A remarkable investment opportunity in this legal and licensed duplex to occupy this newly renovated main floor unit which includes the partially finished lower level complete with 2 bedrooms, a second full bathroom, laundry and storage space while generating rental income from the upper unit. This remarkable property boasts a detached garage with potential storage above, partially fenced yard, inground sprinkler system both front and back, separate storage shed behind the garage and a large driveway with side spot for upper tenant. This exceptionally renovated main floor with updated kitchen, stainless steel appliances including microwave range hood, updated patio doors out to a newer deck plus renovated main floor bathroom, oak flooring throughout the main floor living space and vinyl in the kitchen and bathroom, updated light fixtures and windows (front window is the only original window) plus a separate front entry offering a large front coat closet. The upper unit is presently rented ($790 plus hydro) and offers 2 bedrooms, full bathroom, kitchen with patio doors to newer upper deck plus front living room space. Furnace 2005, Central air 2013, Hot Water Tank is owned 2022, Tenants pay hydro (separate meters). An extremely manageable property with great income potential. Conveniently located close to shopping, transit, schools and access to both Fanshawe College and downtown. A solid investment whether renting and adding to your investment portfolio or occupying one of the units in order to assist with your mortgage. A rare find.

Home Overview

Last updated

21 hours ago

Virtual tour

None

Basement information

Partially Finished

Building size

--

Status

In-Active

Property sub type

Duplex

Maintenance fee

$N/A

Year built

2024

Listed by ROYAL LEPAGE TRILAND REALTY

Additional Details

Basement:Partially Finished
Cooling:Central Air
Heating:Forced Air
Parking Features:Private Double

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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