We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
12 MCDONALD AVENUE, LONDON
2024-04-05
Quick Summary
- Location
- 12 MCDONALD AVENUE, LONDON, Ontario N6G1B1
- Price
- $699,000
- Status:
- For Sale
- Property Type:
- Single Family
- Bedrooms:
- 6
- Bathrooms:
- 3
MLS®#X8205828
Property Description
LEGAL duplex in a very desirable location close to Western University on a cul-de-sac. The first unit includes 4 rooms two on the main floor and two in the finished basement. There is a full bathroom on both floors as well as a laundry unit, full kitchen on the main floor, and semi-kitchen in the basement (hotplate, fridge, microwave). The second, two-bedroom unit is at the back of the house and has its own separate and private entrance with a full kitchen, bath, deck, balcony and laundry unit. In addition to a porch deck, the back unit also has a balcony facing the spacious backyard. This house has a lot of rental potential with two, complete separate units and 6 rooms overall. It has been a very profitable and cash flow positive investment. It is currently rented out, so we require a min. 24-hour notice before holding showings. New roof (Sep 2022) on the front unit. Tremendous value for an investor or anyone wanting to live in one unit while renting out the rest of the house. The unique construction of front and back units provides extra privacy. Recently (2018) installed pot lighting and new appliances in the front unit. The house was fully renovated in 2008 and is very modern with a large parking lot. Prime area right at Oxford and Wharncliffe, desirable both for family living and student rentals. Take decision after a showing as this is a very unique property. Flexible closing. Link to videos and more photos - https://drive.google.com/drive/folders/1bZebZieRMjUyI7VSLnzhtfxqFILsjZCt. The rear unit is rented out for 1,250 and one basement room for 800, . 3 rooms are still vacant which should yield between 2,500-2,800. (id:32467)
Property Features
Building
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Two stoves, Washer
- Basement Development: Finished
- Basement Type: Full (Finished)
- Cooling Type: Central air conditioning
- Exterior Finish: Vinyl siding
- Fireplace: Yes
- Building Type: Duplex
- Stories: 2
- Utility Water: Municipal water
Land
- Land Size: 30 x 207 FT|under 1/2 acre
- Sewer: Sanitary sewer
Zoning
- Description: R2-3(2)
Information entered by RIGHT AT HOME REALTY
Listing information last updated on: 2024-09-04 03:55:15
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$500,000
Your One Percent Realty Commission savings†
$500,000
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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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