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720 QUEENS AVENUE, London East (East G)
2026-01-30
Quick Summary
- Location
- 720 QUEENS AVENUE, London East (East G), Ontario N5W3H5
- Price
- $399,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 2000 - 2500 sqft
- Bedrooms:
- 6
- Bathrooms:
- 4
- Garages:
- 3
MLS®#X12741378
Property Description
Solid brick home located in a highly desirable area with rare OC2X R3 zoning, offering excellent flexibility for Commercial/Office or Medium density Residential future use, redevelopment, or long-term investment. Situated on a deep lot with a large backyard, this property provides outdoor space that's hard to find in this location - ideal for expansion, additional structures (subject to approvals), or simply enjoying the privacy and space. The property is currently configured with multiple units, including two units on the main floor and one unit on the upper level. Unit 3 (upper unit) has been updated and is in good condition, requiring no immediate work. Unit 1 and Unit 2 (main floor) both require full renovations, offering clear upside for a buyer looking to improve and reposition the property. The home is serviced by one furnace (12 years old), and the roof is also approximately 12 years old. Units 2 and 3 are separately metered for hydro, while Unit 1 and the basement share a panel. Recent improvements include new exterior stairs and fire shutters installed on the west wall adjacent to the second floor stairwell, adding to safety and compliance considerations. This configuration provides flexibility for renovation, income optimization, or future redevelopment, supported by the property's OC2X R3 zoning and generous lot size. (id:32467)
Property Features
Building
- Basement Development: Partially finished
- Basement Type: N/A (Partially finished)
- Cooling Type: None
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 2000 - 2500 sqft
- Building Type: Triplex
- Stories: 1.5
- Utility Water: Municipal water
Land
- Land Size: 40 x 130 FT
- Sewer: Sanitary sewer
Zoning
- Description: OC2X R3
Information entered by RE/MAX ICON REALTY
Listing information last updated on: 2026-04-27 15:32:10
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How much could you save in commission selling with One Percent Realty?
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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
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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