For Sale · London East (East H) · East H
$685,000
About This Property
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...
Summarizing the highlights...
Property Details
Market intelligence
11 new this week of 35 active listings in London East (East H), blended with typical days on market.
Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.
Coming Soon
These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.
London East (East H) right now
Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.
The neighbourhood
A mixed pocket of London
Most of what sells in East H, London is detached homes, and JULY currently has 32 active listings across the area. Asking prices centre on $499,900. That is about 17% below the London median, which is what tends to bring value buyers to this pocket first. This is an established area, with the typical home built around 1955.
10 listings are sitting below what comparable homes in this sub-area are asking, with the widest gap around 44%. Space costs about $223 per square foot.
On foot from the middle of the area: groceries about 1 minute, park about 10 minutes, school about 8 minutes.
My Notes
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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
