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Maria Tompson

Sales Representative
Remax Example Inc., Brokerage Independently owned and operated. 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8 Cell: 416-548-7854Office: 416-548-7854Fax: 416-981-7184Toll Free: 1-866-382-2968

$429,000
Available - For Sale
Listing ID: X10425637
100 Mamelon St , London, N5Z 1Y1, Ontario


A Great Investment Opportunity 100 Mamelon Street, London Located on a quiet, mature street, the first thing you'll notice is the extensive driveway with parking for 4 cars. This charming yellow brick property features a spacious main floor with a bedroom, a huge foyer, a welcoming living room, and 9-foot ceilings throughout. The main floor also offers a large eat-in kitchen with vinyl-clad windows and a 4-piece bathroom.Venturing downstairs, you'll find a finished basement complete with a third bedroom, ample storage space, and a convenient laundry room. The original white trim and baseboards add a touch of character to the home.In addition, this property includes a separate back unit with its own entrance. Inside, you'll find a walk-in kitchen with bright windows, a spacious bedroom with large windows, and a comfortable living room. The unit is complemented by a 4-piece bathroom that has been completely renovated, featuring newer floors and ceramic tiling.What sets this property apart is the fact that both units are currently owner-occupied, allowing you the flexibility to either rent them out as they are or add your own finishing touches to the front unit, which consists of 2 + 1 bedrooms. The possibilities for maximizing rental potential are endless.Whether you're an investor seeking a turnkey opportunity or someone looking to personalize and enhance the property's value, this side-by-side duplex offers incredible potential. The beauty of this investment lies in the buyer's ability to renovate both units and the freedom to determine your own rental rates.Currently priced as the best-value duplex in the area, and if not the absolute top choice, it is undoubtedly a close second. The property has one meter for utilities, with the tenants sharing the costs equally or as per the landlord's preference.Don't miss out on this rare chance to own a versatile property. Contact us today to schedule a viewing and seize this remarkable investment opportunity.
Price $429,000
Taxes: $2812.16
Address: 100 Mamelon St , London, N5Z 1Y1, Ontario
Lot Size: 34.67 x 125.00 (Feet)
Acreage: < .50
Directions/Cross Streets: Mamelon Street & Hamilton Road
Rooms: 9
Rooms +: 4
Bedrooms: 3
Bedrooms +: 1
Kitchens: 1
Family Room: Y
Basement: Finished
Approximatly Age: 51-99
Property Type: Duplex
Style: Bungalow
Exterior: Brick, Vinyl Siding
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 4
Pool: None
Other Structures: Garden Shed
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
Property Features: Clear View, Fenced Yard, Public Transit, School Bus Route
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Elevator Lift: N
Sewers: Sewers
Water: Municipal
Utilities-Cable: A
Utilities-Hydro: A
Utilities-Gas: A
Utilities-Telephone: A
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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At a Glance:
Type: Freehold - Duplex
Area: Middlesex
Municipality: London
Neighbourhood: East L
Style: Bungalow
Lot Size: 34.67 x 125.00(Feet)
Approximate Age: 51-99
Tax: $2,812.16
Maintenance Fee: $0
Beds: 3+1
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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