132 Briscoe ST E new

London South,ON N6C 1X3

$ 399900

1 Bed

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision South F

MLS Listing ID X12231715

Style Bungalow

Bedrooms 1

Annual Tax Amount $2,643

Tax Year 2024

Property Sub-Type Duplex

Property Description

Beautifully Renovated Duplex in Sought-After Old South only steps to Wortley Village. Welcome to this completely redone duplex in the heart of London's iconic Old South neighbourhood. Just a short walk to vibrant Wortley Village, this turn-key property is ideal for investors or owner-occupiers looking to live in one unit and rent the other.This charming home offers two self-contained units:Unit A: A stylish bachelor suite with open-concept living Unit B: A spacious one-bedroom unit, full of natural light. Both units are projected to rent at $1,400/month and $1,800/month inclusive, offering a net income over $32,000 annually and a cap rate of 7.5%+. Each unit has its own hydro meter. The location is unbeatable, steps to a major bus route, parks, cafes, and local shops. Whether you're expanding your portfolio or seeking a flexible living arrangement in one of London's most beloved neighbourhoods, this is a rare opportunity not to be missed. Flexible closing. Vacant possession.

Location

Province ON

County Middlesex

Community South F

Area Middlesex

Rooms

Family Room No

Kitchen 2

Interior

Cooling Other

Exterior

Exterior Feature Patio

Parking Features Front Yard Parking

Pool None

Roof Type Membrane

Building

Foundation Unknown

Others

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