$675,000
Available - For Sale
Listing ID: X12468209
165 King Edward Avenue , London South, N5Z 3T5, Middlesex
| Solid, highly profitable, and meticulously maintained legal duplex featuring two spacious 3-bedroom units - with potential to convert into a triplex via the unfinished basement. This licensed rental property has high-quality, reliable tenants paying market rents and all utilities - a built-in hedge against inflation. Both main units have been renovated and include en-suite laundry, dishwashers, spacious kitchens, and ample closet space. The basement, currently vacant, offers a separate entrance, high ceilings, ample square footage, and is already wired via a dedicated sub-panel - ideal for conversion into a third unit (zoning R2-2(10)). The home is full of character and natural light, with a private backyard shared by both units, featuring mature trees, berry bushes, an outdoor dining area, and a shared storage shed. Additional highlights include: 200 AMP electrical service, Separate hydro meters (2), Fire code compliance (2023), Plenty of parking. Perfect for investors or multi-generational families, this property is located in a quiet, family-friendly neighborhood. A bus stop is right at the doorstep, and it's just steps from a park, with schools, groceries, the hospital, and Highway 401 nearby. Financials and a list of recent capital improvements are available upon request |
| Price | $675,000 |
| Taxes: | $3252.00 |
| Occupancy: | Tenant |
| Address: | 165 King Edward Avenue , London South, N5Z 3T5, Middlesex |
| Directions/Cross Streets: | Gladstone Ave & Dieppe St |
| Rooms: | 12 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Full, Separate Ent |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Foyer | 11.91 | 3.35 | Closet |
| Room 2 | Main | Kitchen | 13.51 | 8.99 | Combined w/Dining, Ceramic Floor, Window |
| Room 3 | Main | Dining Ro | Combined w/Kitchen, Ceramic Floor | ||
| Room 4 | Main | Living Ro | 13.91 | 11.91 | Hardwood Floor, Large Window, Overlooks Frontyard |
| Room 5 | Main | Primary B | 12.76 | 10.5 | Hardwood Floor, Closet, Window |
| Room 6 | Main | Bedroom 2 | 10.17 | 9.09 | Hardwood Floor, Closet, Window |
| Room 7 | Main | Bedroom 3 | 10.5 | 8.99 | Hardwood Floor, Closet, Window |
| Room 8 | Second | Foyer | 11.91 | 4.26 | Closet, Window |
| Room 9 | Second | Kitchen | 13.51 | 8.99 | Combined w/Dining, Ceramic Floor, Window |
| Room 10 | Second | Dining Ro | Combined w/Kitchen, Ceramic Floor | ||
| Room 11 | Second | Living Ro | 13.91 | 11.91 | Hardwood Floor, Large Window, Overlooks Frontyard |
| Room 12 | Second | Primary B | 12.76 | 10.5 | Hardwood Floor, Closet, Window |
| Room 13 | Second | Bedroom 2 | 10.17 | 9.09 | Hardwood Floor, Closet, Window |
| Room 14 | Second | Bedroom 3 | 10.5 | 8.99 | Hardwood Floor, Closet, Window |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Duplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| Drive Parking Spaces: | 6 |
| Pool: | None |
| Approximatly Square Footage: | 2000-2500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Window Unit |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| SUTTON GROUP-ADMIRAL REALTY INC. |
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Middlesex |
| Municipality: | London South |
| Neighbourhood: | South J |
| Style: | 2-Storey |
| Tax: | $3,252 |
| Beds: | 6 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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