ON > London > East B
London, ON N6A 1W6,125 St James ST
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London, ON N6A 1W6,125 St James ST
London, ON N6A 1W6,125 St James ST
London, ON N6A 1W6,125 St James ST
London, ON N6A 1W6,125 St James ST
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Jamie Black

Jamie Black

+1(416) 496-9220
$ 825,000
Est. payment /mo
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Active

125 St James ST London, ON N6A 1W6

5 Beds

2 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision East B

MLS Listing ID X12042663

Style 2-Storey

Bedrooms 5

Annual Tax Amount $6,654

Tax Year 2024

Property Sub-Type Duplex

Appx SqFt 2000-2500

Property Description

Introducing an exceptional investment opportunity with this legally licensed, two-story solid brick duplex, perfectly situated in a AAA location just steps from Gibbons Park, scenic walking trails, St. Josephs Hospital, the University of Western Ontario, and Richmond Row. This property features a well-maintained main floor unit with two bedrooms and a spacious upper unit with three bedrooms, both above grade and equipped with their own basements, complete with laundry facilities. Each unit boasts its own furnace, air conditioning, and water heater, ensuring comfort and independence for tenants. The large double-wide driveway can accommodate up to six vehicles, enhancing convenience. Recent updates have kept both units in excellent condition. The current rental income includes Unit 1 (upper) at $2,202 per month (plus gas and electricity, month-to-month), and Unit 2 (main) at $2,095 per month (plus gas and electricity, under a one-year lease that started in February). This property has separate gas and hydro meters for each unit allowing for utilities to be charged back to the tenant. The addition of a durable metal roof enhances the property's longevity. Don't miss out on this fantastic opportunity. This duplex represents a sound investment venture for both seasoned and new property investors alike.

Location

Province ON

County Middlesex

Community East B

Area Middlesex

Zoning R3-2

Rooms

Family Room Yes

Basement Unfinished, Separate Entrance

Kitchen 2

Interior

Interior Features Storage, Sump Pump, Separate Hydro Meter, Separate Heating Controls, On Demand Water Heater

Cooling Central Air

Inclusions MAIN FLOOR UNIT- Existing Fridge, Stove, Washer, Dryer. UPPER UNIT- Fridge, Stove, Dishwasher, Built-in Microwave, Washer, Dryer.

Exterior

Parking Features Private Double

Pool None

Roof Type Metal

Lot Frontage 38.25

Lot Depth 126.75

Total Parking Spaces 6

Building

Foundation Unknown

Others

Senior Community No

Listed by MAVERICK REAL ESTATE INC.
agent

Jamie Black

Sales Representative

+1(416) 496-9220

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125 St James ST

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