165 King Edward Avenue London South, Ontario N5Z 3T5

6 Bedroom 2 Bathroom 2,000 - 2,500 ft2
Window Air Conditioner Baseboard Heaters

$675,000

Solid, highly profitable, and meticulously maintained legal duplex featuring two spacious 3-bedroom units - with potential to convert into a triplex via the unfinished basement. This licensed rental property has high-quality, reliable tenants paying market rents and all utilities - a built-in hedge against inflation. Both main units have been renovated and include en-suite laundry, dishwashers, spacious kitchens, and ample closet space. The basement, currently vacant, offers a separate entrance, high ceilings, ample square footage, and is already wired via a dedicated sub-panel - ideal for conversion into a third unit (zoning R2-2(10)). The home is full of character and natural light, with a private backyard shared by both units, featuring mature trees, berry bushes, an outdoor dining area, and a shared storage shed. Additional highlights include: 200 AMP electrical service, Separate hydro meters (2), Fire code compliance (2023), Plenty of parking. Perfect for investors or multi-generational families, this property is located in a quiet, family-friendly neighborhood. A bus stop is right at the doorstep, and it's just steps from a park, with schools, groceries, the hospital, and Highway 401 nearby. Financials and a list of recent capital improvements are available upon request (id:61594)

Property Details

MLS® Number X12468209
Property Type Multi-family
Community Name South J
Features Carpet Free
Parking Space Total 6

Building

Bathroom Total 2
Bedrooms Above Ground 6
Bedrooms Total 6
Appliances Water Heater, Dishwasher, Dryer, Two Stoves, Two Washers, Two Refrigerators
Basement Features Separate Entrance
Basement Type Full, N/a
Cooling Type Window Air Conditioner
Exterior Finish Brick
Flooring Type Hardwood, Ceramic
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 2,000 - 2,500 Ft2
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 90 Ft
Size Frontage 75 Ft
Size Irregular 75 X 90 Ft
Size Total Text 75 X 90 Ft

Rooms

Level Type Dimensions
Second Level Living Room 4.24 m x 3.63 m
Second Level Primary Bedroom 3.89 m x 3.2 m
Second Level Bedroom 2 3.1 m x 2.77 m
Second Level Bedroom 3 3.2 m x 2.74 m
Second Level Foyer 3.63 m x 1.3 m
Second Level Kitchen 4.12 m x 2.74 m
Second Level Dining Room Measurements not available
Main Level Foyer 3.63 m x 1.02 m
Main Level Kitchen 4.12 m x 2.74 m
Main Level Dining Room Measurements not available
Main Level Living Room 4.24 m x 3.63 m
Main Level Primary Bedroom 3.89 m x 3.2 m
Main Level Bedroom 2 3.1 m x 2.77 m
Main Level Bedroom 3 3.2 m x 2.74 m

https://www.realtor.ca/real-estate/29002578/165-king-edward-avenue-london-south-south-j-south-j

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