557 Ontario St

, London

, N5W 3X9

Listing Not Active

4 Bed
3 Bath
1586 ft2

Attention investors, check out this opportunity to own a triplex in old east village! The main floor 2 bedroom unit is leased for $1500 all-inclusive and features 2 bedrooms, upper unit (1 bedroom) is owner-occupied and the basement unit (1 bedroom) is leased for $800 all-inclusive. $27,600 in gross annual income but can be increased significantly ... if you lease out the upper unit as well. This property has shared laundry in the basement, plenty of parking space, a huge insulated (25 x 30) shop/double garage with 9-foot doors and 10-foot ceilings currently being used by the owner. This move-in-ready home with many updates is available to become yours, you can live on the main floor and keep the other two units rented out or rent out the main floor as well and increase your annual income even more. Located within close proximity to bus routes, downtown, many restaurants & bars, great schools and major highways.

Price
Not Active
MLS #
40199025
Type
House
Style
2-Storey
Bedrooms
4  (3+1)
Bathrooms
3  (3/0)
Year Built
1983
Basement
Partial (Partially finished)
Square Feet
1,586
Lot Size
43' x 108'
Pool
No
Parking
Detached Garage

Heating
Forced air
Cooling
Central air conditioning
Fuel
Natural gas
Fireplace
No
Foundation
Exterior
Materials
Structures
Porch
Square Feet
1,586
Items Rented
None
Fencing
Landscaping
Amenities
Protection
Features
Inclusions
Dryer, Refrigerator, Stove, Washer

Lot Size
43' x 108'
Acreage
under 1/2 acre
Zoning
R3-2
Nearby
Hospital, Public Transit, Shopping
Water
Municipal water
Sewer
Municipal sewage system
Access
Highway Nearby
# of Parking
5 spaces
Directions
Elias & Central Avenue
Old East VillageEast LondonLondon

Basement
Laundry Room
18'5" x 12'10"
4Pc Bathroom
Kitchen
12'5" x 7'5"
Primary Bedroom
9'5" x 12'3"
Recreation Room
17'6" x 10'
Main Level
4Pc Bathroom
Living Room
13'5" x 13'1"
Kitchen
11'11" x 12'7"
Bedroom
9'3" x 10'1"
Primary Bedroom
13'3" x 9'11"
Second Level
4Pc Bathroom
Den
4'4" x 12'8"
Kitchen
9'8" x 12'8"
Living Room
11'0" x 13'2"
Primary Bedroom
13'4" x 10'5"
Kitchen
9'8" x 12'8"

No Open Houses Scheduled.

Brokerage
Streetcity Realty Inc., Brokerage