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Discover this prime investment property in a highly desirable area of South London, just minutes from Highway 401 for ultimate convenience. Perfect for investors, homeowners looking to generate rental income, or those eager to house hack, this duplex offers incredible potential with vacant possession available from April 1st. The property features two well-designed units: a spacious main floor unit with 3 bedrooms and 1 full bath, and a cozy basement unit with 2 bedrooms and 1 full bath. Both units come with the added convenience of private laundry, making it an attractive choice for tenants.With a current rental income of $4,200 per month plus utilities, and both units becoming vacant soon (main floor: end of February, basement: end of March), you have the opportunity to maintain or even improve the rental potential with new tenants. Alternatively, you can live in one unit and rent out the other, significantly offsetting your mortgage and housing costs. Situated in a sought-after neighborhood, this property attracts quality tenants and offers easy access to major amenities, schools, parks, and transit. Whether youre an investor, a first-time homebuyer, or looking for a multi-family setup, this duplex is a fantastic opportunity to build equity and reduce housing expenses in a thriving area. Dont miss out on this versatile property book your showing today and envision the possibilities!
City: London
Neighborhood: South Y
Purchase Price | $649900 |
Down Payment | $129980 |
Mortgage Insurance | $0 |
Total Mortgage | $519920 |
Mortgage Payment | $3204 |
Property Taxes | $258 |
Maintenance Fees | $0 |
Monthly Payment | $3462 |
Sold Comparables homes near Harding Cres, London
Located at 107 Harding Cres , this London house is available for sale. This property was listed for $649,900 on Sat Jan 18 2025. This house's size is 1500-2000 Sqft. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: Living, Kitchen, Dining, Br, 2nd Br, Prim Bdrm, Bathroom, Family, Kitchen, Bathroom, Br, 2nd Br. This property comes with 4 parking spots. 107 Harding Cres, London is situated in the South Y neighbourhood.
MLS#: X11930484 · $649,900 · 3 bedroom house in South Y, London