Listed price in listed location currency (CAD).
$685,000

847

MLS® X13586434

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential
Size -
Garage No
Taxes $3,336
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13586434

Property Address: 434 2nd St, London, ON, N5W4T1

Average square foot calculated using Size range provided by listing agent.

Description

An excellent investment opportunity with proven cash flow, this fully tenanted 8-bedroom duplex near Fanshawe College offers immediate rental income and an attractive cap rate of over 6% based on current rental revenue and estimated operating expenses. The property consists of two self-contained 4-bedroom, 2-bathroom units, each featuring a private entrance, in-suite laundry, its own furnace and central air conditioning, and separately metered hydro. Current annual gross rental income is approximately $53, 000, with an estimated net operating income of approximately $44, 000. Located just steps from Fanshawe College, the property sits in one of London's strongest student and workforce rental markets, supporting consistent tenant demand and long-term investment appeal. Additional features include individual HVAC systems for each unit, internet and cable wiring in every bedroom, and a 12 x 10 shed with a steel roll-up door for convenient additional storage. An incredible opportunity to purchase a fully leased, income-producing asset offering immediate cash flow in one of London's most established rental locations.
MLS® NumberX13586434
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFinished, Separate Entrance
DrivewayGarage Type:None
Garage Spaces
HeatGas, Forced Air
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 20, 2026List Date
$685,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
Jan 29, 2021End Date
-Sold Price

Expired

Dec 29, 2020List Date
$634,900List Price
  • Commute

Commute

Starting Address
Destination Address
434 2 Nd St, London, ON

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