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150 Rectory ST W London, ON N5Z 2A3
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Key Details
Sold Price $385,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision East L
MLS Listing ID X8225344
Style 2-Storey
Bedrooms 5
Building Age 100+
Annual Tax Amount $2,717
Tax Year 2023
Property Sub-Type Detached
Property Description
Welcome to an investment opportunity in the heart of London, Ontario. This rare gem is a spacious single family home located on a massive corner lot and currently has two separate units/living quarters. This property is a savvy investor's dream come true. The property boasts a generous 60'x120' corner lot, providing ample space for outdoor activities, landscaping, and potential future expansion. This feature is a rarity in the current real estate landscape and adds significant value to the property. The property is an ideal investment opportunity, whether you're looking to rent out both units for passive income or live in one unit while renting out the other, the possibilities are limitless. This home is ready for a visionary investor to unlock its full potential. With some strategic renovations and updates, you can maximize the property's value and returns. The front Unit Offers 1 bedroom, 1 Bath and a large living room that connects to the kitchen. The back unit Offers 4 bedrooms, 2 bathrooms, family room, sun room, living room, and potential for additional living areas. There is also a huge workshop/shed area that would be perfect for someone looking to have the additional space or tear down for a larger property. Whether you're an investor or looking for a home with rental income potential, this home is a versatile asset. Seize the opportunity before it's gone!
Location
Province ON
County Middlesex
Community East L
Area Middlesex
Zoning R2-2
Rooms
Family Room Yes
Kitchen 2
Interior
Cooling None
Exterior
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Building
Foundation Concrete Block
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