808 TALBOT Street

London East, East B

Descripción

Turnkey licensed duplex in prime Old North location-steps to Gibbons Park and walking distance to UWO, St. Josephs Hospital, and Downtown London. High-demand rental area with proximity to transit, shopping, and entertainment as well as direct bus route to UWO. This extremely well-maintained property features a private double drive and 5 designated parking spots-rare and income-generating. Upper unit offers 4 bedrooms at $3,339/month. Main floor is a 2 bedroom unit leased at $2,100/month. Both units are leased until April 30, 2026. Annual rental income: $65,268 + $1,800/year from parking = $67,068 total. Each unit has in-suite laundry. Owner pays heat ($1,835/year) and hydro ($3,246/year). Recent upgrades include new furnace and a/c (2018), roof and skylights (2016), owned water heater and fresh paint throughout. Strong cap rate with potential for rent increases upon tenant turnover. This is an exceptional investment in a high-demand location with proven income and long-term value growth.

This duplex home located at 808 TALBOT Street, London East, ON N6A 2V6 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$850K. It has 6 beds, 2 bathrooms, and is 2000-2500 square feet. The property is N/A years old. 808 TALBOT Street, London East, ON N6A 2V6 is in London East neighborhood East B.