354 Spruce ST Active Save Request In-Person Tour Request Virtual Tour
London,ON N5W 4N7
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
MLS Listing ID X9056488
Style 2-Storey
Bedrooms 5
Annual Tax Amount $2,485
Tax Year 2023
Property Description
Situated on a beautiful quiet treed street, sits this newly renovated historic charmer multi-unit property. The second story addition of a new upper legal unit was just completed with building permit in 2023. This is the perfect owner occupy mortgage helper, multi-generational home or turnkey investment property (over $62,000 annual rent income possible). Presently the main level three bedroom unit is rented at $2074 a month plus utilities; and $1529 for the garden suite inclusive of utilities. There is a rare detatched coach house tucked away in the backyard that provides the perfect work-from-home studio location you have been searching for or just additional income! Currently the upper spacious studio unit is vacant making this a perfect mortage helper property for the owner to reside in one unit and collect rental income from the other two units. Top to bottom, nearly everything has been redone from new luxury vinyl plank floors throughout, new roofs, a new on demand high efficiency hot water heater system, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves), brand new redone bathrooms with luxury tile, stainless steel appliances, and a brand new heat pump / AC system to be installed prior to closing. This is not one to miss, such a unique property with all these features rarely comes on the market. Seller financing / vendor take back option to aid in the process of downpayment possible for qualified buyers. Dont wait!
Location
State ON
County Middlesex
Area East H
Rooms
Family Room Yes
Basement Unfinished,Walk-Up
Kitchen 3
Interior
Interior Features Accessory Apartment,In-Law Suite,Primary Bedroom - Main Floor,Water Heater Owned
Cooling Central Air
Fireplace No
Heat Source Electric
Exterior
Exterior Feature Deck,Porch,Lighting,Year Round Living
Garage Private,Tandem,Front Yard Parking
Garage Spaces 3.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Parking Type None
Total Parking Spaces 3
Building
Unit Features Park,Place Of Worship,School,School Bus Route,Public Transit,Rec./Commun.Centre
Foundation Concrete Block,Slab
Others
Security Features Carbon Monoxide Detectors,Smoke Detector