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Kalpesh Patel (KK)

Broker
Homelife/Miracle Realty Ltd., Brokerage Independently owned and operated. 5010 Steeles Ave. west, Toronto, Nunavut M9V5C6 Cell: 416-418-7039Office: 416-747-9777Fax: 416-747-7135

$729,000
Available - For Sale
Listing ID: X12050184
12 MCDONALD Aven , London, N6G 1B1, Middlesex


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, very desirable both for family living and student rentals. Take decision after a showing as this is a very unique property. Flexible closing. Link to videos and more photos - https://drive.google.com/drive/folders/1bZebZieRMjUyI7VSLnzhtfxqFILsjZCt. The rear unit is rented out for 1,250 and one basement room for 800, . 3 rooms are still vacant which should yield between 2,500-2,800.
Price $729,000
Taxes: $4300.00
Assessment Year: 2024
Occupancy by: Tenant
Address: 12 MCDONALD Aven , London, N6G 1B1, Middlesex
Acreage: < .50
Directions/Cross Streets: North of Wharncliffe/Oxford.
Rooms: 8
Bedrooms: 6
Bedrooms +: 0
Family Room: F
Basement: Finished, Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Bedroom 15.74 11.71
Room 2 Main Bathroom 6.56 9.84
Room 3 Main Bathroom 6.56 9.84
Room 4 Main Kitchen 11.41 11.32
Room 5 Main Bedroom 11.25 10
Room 6 Main Bedroom 9.68 8.76
Room 7 Main Kitchen 15.84 13.42
Room 8 Main Living Ro 15.42 11.41
Room 9 Basement Bathroom 6.56 9.84
Room 10 Basement Bedroom 9.58 7.68
Room 11 Basement Bedroom 9.58 9.41
Room 12 Main Living Ro 13.68 13.68
Washroom Type No. of Pieces Level
Washroom Type 1 4 Basement
Washroom Type 2 3 Main
Washroom Type 3 4 Main
Washroom Type 4 0 Main
Washroom Type 5 0
Total Area: 0.00
Property Type: Duplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 6
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Park #3
Parking Type: Private
Pool: None
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: Y
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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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.
RIGHT AT HOME REALTY
Personal Picture
Kalpesh Patel (KK)
Broker
Dir:
416-418-7039
Bus:
416-747-9777
Fax:
416-747-7135
 
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At a Glance:
Type: Freehold - Duplex
Area: Middlesex
Municipality: London
Neighbourhood: East A
Style: 2-Storey
Lot Size: x 207.00(Feet)
Approximate Age:
Tax: $4,300
Maintenance Fee: $0
Beds: 6
Baths: 3
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
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