35 Miles Street, London, ON N5Y 2T7

$609,900
5
BD
2
BA
700
SqFt

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List Price
$609,900
MLS#
X13697828
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
Bungalow
Bedrooms
5
Bathrooms
2
Living Area
700-1100
Province
ON
Municipality
London
Area
Middlesex
Neighborhood
East
Subdivision
North Of Pall Mall St., Between Maitland St. And William St.

Property Description

Purpose built, fully licensed duplex located in the highly sought after Woodfield District and vacant on closing, offering an exceptional opportunity for first time investors, house hackers, or those looking to expand their real estate portfolio. Situated in one of London's most desirable neighbourhoods, this property is within walking distance of local favourites such as The Bag Lady and Locomotive Espresso, as well as Downtown London, parks, schools, public transit, restaurants, and everyday amenities. It is also conveniently located just 3.5 km from Western University and 5 km from Fanshawe College. Unit 1 is a spacious three bedroom main floor unit featuring stainless steel appliances, a four piece bathroom, and in suite laundry, and will be vacant at the end of the month. Unit 2 is a spacious two bedroom lower level unit featuring stainless steel appliances, a four piece bathroom, in suite laundry, and heated floors in the living room. It is currently vacant, providing an excellent opportunity for an owner occupant or investor to secure market rent. Each unit is separately metered for electricity and water, and parking for two vehicles is available at the rear of the property. Recent updates include a new roof in 2025, a new sewer line to the road in 2025, a new owned air conditioner in 2024, a new owned electric hot water tank in 2024, and a new rented gas hot water tank in 2024. Whether you choose to live in one unit while generating rental income from the other or continue operating the property as an investment, this turnkey duplex offers exceptional flexibility, market rent potential, and long term value in one of London's most coveted neighbourhoods.

Additional Information

Taxes
$3,789
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Rooms
10
Kitchens
2
Exterior
Vinyl Siding
Garage Type
None
Pool
None
Parking Spaces
2
Parking Type
Other, Mutual

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Listing courtesy of ROYAL LEPAGE TRILAND REALTY.