407 CASTLEGROVE PLACE Active

London North (north K),ON N6G1L1

$ 849900

5 Beds

3 Baths

700 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $1,214

Subdivision North K

MLS Listing ID X12228288

Bedrooms 5

Property Description

Recently Renovated 2 Unit home in Prime North London Location! This licensed 4-level back-split detached home is a rare turnkey opportunity for investors or parents of Western University students. Offering excellent rental income, the property features two spacious, self-contained units each with two levels of living space and private outdoor areas. Unit A, renovated in 2021, offers a bright, open-concept main floor with living, dining, and kitchen areas, plus 3 generously sized bedrooms, 2 full bathrooms, and in-suite laundry on the upper level. Unit B is newly renovated and features two-level living with a modern open-concept layout, 2 large bedrooms, a full bathroom, and private laundry. In both units, bedrooms are located on a separate floor from the main living area, providing better privacy and sound insulation ideal for comfortable shared living. Each unit enjoys a private fenced yard with a storage shed and backs onto a peaceful park, offering beautiful views and added tranquility. The home sits on a large pie-shaped lot with parking for four vehicles. Rare utility separation includes two hydro meters, two furnaces, two A/C units, and two owned hot water heaters a major bonus for long-term investors. Currently tenanted for $4,400/month, with tenants paying all utilities and handling lawn and snow maintenance. Unbeatable location near Western University, Masonville Mall, Costco, T&T Supermarket, and excellent transit and amenities. A truly unique, income-generating gem in one of London's most desirable neighbourhoods. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

Fence Fully Fenced

Community Features School Bus

View Y/N No

Building

Sewer Sanitary sewer

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