23 days on market
 $740,000

Price Estimate: $721,048

For Sale

12 Mcdonald Ave
Price Change

London

6 Bed|3 Bath|Yes|23 days on market

$780,000$740,000

Price Estimate: $721,048

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Home Details

Taxes
$340 / month
Total Parking Spots
6
Driveway
Available
Garage Spaces
0
Furnished
No
Lot Size
30.00 x 207.00 Feet
Move-in Date
Jun 01, 2024
Hydro Included
No
Heating
Forced Air
Water Included
No
Kitchens
2
Family Room
Yes
Basement
Finished, Full
Fireplace
Y
Air Conditioning
Central Air
Central Vaccum
No
Laundry Access
Main
Exterior
Vinyl Siding
Zoning
R2-3(2)
Sewer
Sewers
Property Type
Duplex
Style
2-Storey
Status
Price change
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Listing Description

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, desirable both for family living and student rentals. Take decision after a showing as this is a very unique property. Flexible closing.

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Aug 11, 202192$679,000N/AExpiredX7969186
Aug 11, 202143$679,000N/ATerminatedX5336821
Jan 22, 201832$419,900$400,000SoldX7746408
Apr 20, 200614$124,900$124,000SoldX7499881
Feb 9, 1999N/A$91,900N/ATerminatedX7442590
May 30, 199014$87,900$84,000SoldX7666359

Rooms

Room dimensions for 12 Mcdonald Ave, London
Br
16 x 12192 sqft
Bathroom
Unspecified
Bathroom
7 x 1070 sqft
Kitchen
11 x 11121 sqft
Br
11 x 10110 sqft
Br
10 x 990 sqft
Kitchen
16 x 13208 sqft
Living
15 x 11165 sqft
Bathroom
Unspecified
Br
10 x 880 sqft
Br
10 x 990 sqft
Living
14 x 14196 sqft

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 12 Mcdonald Ave is 4185

Price

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Down Payment

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Total Mortgage


Purchase Price$780000
Down Payment$156000
Mortgage Insurance$0
Total Mortgage$624000

Monthly Payment


Mortgage Payment$3845
Property Taxes$340
Maintenance Fees$0
Monthly Payment$4185
$4185
monthly

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About 12 Mcdonald Ave, London

Located at 12 Mcdonald Ave , this London house is available for sale. This property was listed for $740,000 on Sun Apr 28 2024. This house's size is 30.00 x 207.00 Feet. It has 6 bedrooms and 3 bathrooms. The property includes the following rooms: Br, Bathroom, Bathroom, Kitchen, Br, Br, Kitchen, Living, Bathroom, Br, Br, Living. This property comes with 6 parking spots.


MLS#: X8205828 · $740,000 · 6 bedroom house in London