$ 499,900
193 Waterloo ST London, ON N6B 2N1
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$ 499,900
Est. payment /mo
Price Dropped by $25K
193 Waterloo ST London, ON N6B 2N1
2 Beds
3 Baths
UPDATED:
11/06/2024 04:57 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
MLS Listing ID X9511129
Style 2 1/2 Storey
Bedrooms 2
Annual Tax Amount $3,033
Tax Year 2023
Property Description
Sweet investment opportunity. Ideal for investors, large families, or house hackers. Zoned R3-1, this yellow brick home offers excellent rental income potential. Currently assessed as a duplex, it also features a third bachelor unit and a fourth entrance to the upper loft, perfect for use as a home office or studio. All units are vacant except for the main level, which is occupied by the owner, making this property ready for immediate occupancy or tenants. Located within walking distance to downtown London, Budweiser Gardens, walking trails, and major bus routes, this property is also just 25 minutes from Wortley Village. The home retains much of its original character, with high ceilings, detailed trim, and a charming clawfoot tub. The main level includes a spacious eat-in kitchen with patio doors leading to a fenced backyard, as well as a large living, bright sunroom, and dining room with 10-foot ceilings. Heating system features two gas fireplaces, one gas heater, and a woodstove on the main floor, with another gas heater upstairs and two electric fireplaces throughout the property. The sunroom, updated in 2024, includes a skylight, two patio doors, and large windows that overlook the private backyard. Parking is available at the side and front of the home, and the property offers 200-amp service. Appliances include three fridges, three stoves, a washer, dryer, and a stovetop microwave. With R3-1 zoning permitting up to four units, this property offers an opportunity for investors looking to grow their portfolio or homeowners wanting rental income to offset mortgage costs. Selling as is.
Location
State ON
County Middlesex
Area East K
Rooms
Family Room Yes
Basement Crawl Space
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Accessory Apartment
Cooling None
Fireplace Yes
Heat Source Gas
Exterior
Garage Lane, Private
Garage Spaces 5.0
Pool None
Waterfront No
Roof Type Asphalt Shingle
Parking Type None
Total Parking Spaces 5
Building
Unit Features Fenced Yard,Park,Place Of Worship,Public Transit
Foundation Block
Listed by RE/MAX ADVANTAGE REALTY LTD.