578 WATERLOO STREET, London East (East F)

2025-10-02
 

Quick Summary

Location
578 WATERLOO STREET, London East (East F), Ontario N6B2P9
Price
$699,900 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1500 - 2000 sqft
Bedrooms:
5
Bathrooms:
2
Video Link:

MLS®#X12441252

Property Description

THIS IS THE ONE THAT YOU HAVE BEEN WAITING FOR! Stunning turn-key DUPLEX located in the heart of the historic Woodfield district. This beautifully maintained property has been renovated from top to bottom without losing any of its original character and charm. An amazing investment opportunity offering a lucrative return on investment. Perfect for an owner occupied. Live in one unit and have the tenant pay your mortgage! Both units feature high ceilings, stained glass windows, impressive woodwork and gleaming hardwood flooring throughout. Updated kitchens with newer appliances included. Main floor 3 bedroom unit currently rented for $2,400/month plus hydro. Upper floor 2 bedroom unit currently rented for $2,100/month plus hydro. Both A+ tenants. Basement currently rented as storage for $200/month. Convenient in suite laundry. Separate entrances for additional privacy between units. Oversized private concrete driveway with parking for 3 cars. Zoning: R3-2 (allows up to 4 units for potential increased income), OC2 permits for a variety of uses including commercial opportunities. Ideally located within close proximity to great schools, restaurants, public transit, Canada Life Place, Fanshawe College-Downtown Campus, Victoria Park and great shopping along Richmond Row. Time to stop thinking about owning income property and finally call yourself an investor. Do not miss this opportunity to build your real estate portfolio! (id:32467)

Property Features

Building

  • Appliances: Dryer, Microwave, Range, Two stoves, Two Washers, Two Refrigerators
  • Basement Development: Unfinished
  • Basement Type: Partial (Unfinished)
  • Construction Style: Detached
  • Cooling Type: None
  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 1500 - 2000 sqft
  • Building Type: House
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 33 x 165 FT ; 165.58FT X 33.08FT X 165.58FT X 33.04FT|under 1/2 acre
  • Sewer: Sanitary sewer

Ownership

  • Type: Freehold

Structure

  • Structure: Deck, Porch

Zoning

  • Description: R3-2 OC2

Information entered by CENTURY 21 FIRST CANADIAN CORP
Listing information last updated on: 2025-10-28 00:26:59


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

One Percent Realty's top FAQs

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What is the deal exactly, with One Percent?

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!

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What do you charge?

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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