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CALLING LONDON INVESTORS: Welcome to 1942 Duluth Cres, a fully renovated investment gem (High CAP RATE) in the heart of London. This spacious bungalow features a 3+3 bedroom, 1+1 bathroom, 1+1 kitchen layout on a generous 50x136 ft lot. Completed in 2022, the modern renovation includes great finishes throughout, making this property as turnkey as they come. Generating $4,000/month in rental income, its an excellent opportunity for investors. The open-concept main floor offers a bright and inviting living space, with a contemporary eat-in kitchen that showcases upgraded cabinetry and sleek, modern appliances. Each of the three bedrooms on this level provides ample room for relaxation, and the seamless flow between the kitchen, dining, and living areas creates an ideal setting for entertaining or family gatherings. A separate side entrance leads to a fully finished in-law suite featuring 3 Bedrooms, 1 Bathroom, laundry, and kitchen. Outside, the expansive backyard offers endless possibilities for outdoor enjoyment, with plenty of space for relaxing or social gatherings. Nestled in a vibrant community, 1942 Duluth Cres provides easy access to Forest View Park, the Thames River pathway, and is only minutes from major amenities including dining, shopping, and groceries. The location is ideal, with convenient access to the 401 and proximity to the airport, making citywide travel a breeze. Don't miss this opportunity to own a beautifully modernized cash flowing investment property in one of London's most accessible and cash flowing rental neighbourhoods!
Two (2) Sets of DISHWASHER, REFRIGERATOR, STOVE, WASHER, and DRYER. Two (2) Sets of DISHWASHER, REFRIGERATOR, STOVE, WASHER, and DRYER.
City: London
Neighborhood: East I
Purchase Price | $559000 |
Down Payment | $111800 |
Mortgage Insurance | $0 |
Total Mortgage | $447200 |
Mortgage Payment | $2756 |
Property Taxes | $228 |
Maintenance Fees | $0 |
Monthly Payment | $2984 |
Sold Comparables homes near 1942 Duluth Cres, London
Located at 1942 Duluth Cres , this London house is available for sale. This property was listed for $559,000 on Wed Mar 19 2025. This house's size is 501.13 x 136.61 Feet. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: Kitchen, Living, Br, 2nd Br, 3rd Br, Bathroom, Kitchen, Br, 2nd Br, 3rd Br, Living, Bathroom. This property comes with 3 parking spots. 1942 Duluth Cres, London is situated in the East I neighbourhood.
MLS#: X11902679 · $559,000 · 3 bedroom house in East I, London