2 Saunby Street
London, ON N6G 1A1
$718,000
- 6 bed
- 2 bath
- Bungalow
Riverfront duplex on the Thames, minutes from Western
Duplex on the Thames River. An exceptional investment opportunity with strong multi-unit income potential: a well-appointed duplex bungalow with a fully finished lower level, near downtown London and Western University, with transit at Oxford Street and Western Road a short walk away.
The property borders the Thames River, with views of the river, Gibbons Park and London's Thames-Oxford Railway Bridge. The main level has three spacious bedrooms, a full kitchen and a full bathroom. The lower unit has three more bedrooms, its own full kitchen and a full bathroom, giving flexible rental options.
Previously generating more than $51,000 in annual net income, based on rent of about $717 per bedroom per month plus utilities. Both units are separately metered for hydro; gas heating and water are shared. A rare riverfront setting close to downtown and Western, and a turnkey income property with excellent long-term value.
- Finished basement
- Separate entrance
- Central air
- Backs onto green space
- River view
- Two kitchens
Key facts
- Status
- For sale
- Property type
- Bungalow
- Bedrooms
- 6
- Bathrooms
- 2
- Lot size
- 65.7 x 151.5 ft, irregular
- Annual taxes
- $6,166
- MLS® number
- X13818204
Video tour
Location
What it could cost per month
Estimate only, not financial advice. Uses Canadian semi-annual compounding. Down payments under 20% need mortgage default insurance, which is not included.