$ 949,000
554 Waterloo ST London, ON N6B 2P9
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$ 949,000
Est. payment /mo
Price Dropped by $50K
554 Waterloo ST London, ON N6B 2P9
4 Beds
6 Baths
UPDATED:
11/01/2024 04:33 PM
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
MLS Listing ID X9370598
Style 2 1/2 Storey
Bedrooms 4
Annual Tax Amount $19,843
Tax Year 2023
Property Description
Unique opportunity to acquire an updated Century Manse boasting the charm of yesteryear. Stunning 3 storey home loaded with character and charm from the inside out. Beautiful entry with double doors lead into spacious foyer with grand wooden staircase. Large front living room with bay window is open to royal formal dining room, both featuring hardwood floors with inlays and high cornice ceilings. The spacious kitchen includes lots of storage with large bay windows, breakfast bar and casual dining area with courtyard access from nearby mudroom. Second level features bright oversized primary bedroom with gas fireplace and luxurious new ensuite bathroom with cozy infloor heating. Also on this level is an LG Washtower and main bath, and adjacent bedroom currently being used as office. Third level has 2 large bedrooms with their own 3 piece bathroom.The rear part of the property is newly renovated office for professional use. Along with the 6 adjacent parking spots, it boasts a stylish reception area with charming boardroom and office. Plus on the 2nd floor there is a large additional office space and 2 piece bath. There is also a lunch room and 2 piece bath on the lower level.10 extra parking spots are adjacent with 558 Waterloo Street which is available as well.This property can be purchased on its own at listed sale price or in conjunction with 558 Waterloo a fully rented investment property with separate garage for $1,548.000. Recent updates to 554 Waterloo include $25k boiler system with 4 zone thermostats, 2 high efficiency Mitsibishi heat pumps with 4 heads, 11 new windows, 2 insulated doors with openers for garage , new Cat 6-e internet cabling and AV system wired throughout with 6 wifi access points.This is an OC2(1) zoned property with roughly a third of the space dedicated to office space yet commercial taxes making up some 56% of overall amount. However, it is easy to convert to all residential zoning, which would substantially lower the total property taxes
Location
State ON
County Middlesex
Area East F
Rooms
Family Room No
Basement Partially Finished
Kitchen 1
Interior
Interior Features Auto Garage Door Remote
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Garage Lane
Garage Spaces 6.0
Pool None
Waterfront No
Waterfront Description None
Roof Type Shingles
Topography Flat
Parking Type Detached
Total Parking Spaces 8
Building
Unit Features Hospital,Park,Place Of Worship,Public Transit
Foundation Concrete
Listed by SUTTON GROUP - SELECT REALTY