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$ 429,900
Est. payment /mo
New
320 ASHLAND AVE London East, ON N5W 4E6
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision East M
MLS Listing ID X13759540
Style 2-Storey
Bedrooms 3
Annual Tax Amount $3,112
Tax Year 2026
Property Sub-Type Duplex
Property Description
This solid two-storey home offers an excellent opportunity for an owner-occupier or investor and is located on a quiet, tree-lined street. The property features two separate units, each with its own private entrance. The upper unit offers two bedrooms and one bathroom, while the main-floor unit is a spacious one-bedroom, one-bathroom suite. Unit 1 is currently tenant-occupied on a month-to-month lease and generates $1,600 per month in rent, inclusive of utilities, with a $100 cap for each utility. Unit 2 is currently vacant and provides an opportunity to be rented at market value. The property has separate hydro meters for each unit, as well as shared laundry facilities in the basement. The home has benefited from numerous important updates and improvements. In 2019, the basement was waterproofed and a sump pump was installed. The attic was also insulated, and the plumbing was upgraded, including both supply lines and drains. Most of the electrical system was upgraded in 2019 as well. The detached garage received a new electrical panel and electrical installation in 2021.The property has a roof dating to 2014, a furnace from 2013, and a hydro panel from 2011. In 2023, the property underwent a fire inspection, and the furnace was brought up to code for registration as a legal duplex. Outside, the property offers a nicely treed and fully fenced backyard, a detached garage, and a large front porch that adds to the home's curb appeal. With separate entrances, separate hydro meters, two self-contained living spaces, shared laundry, and numerous updates already completed, this property offers excellent flexibility for comfortable owner occupancy or long-term investment potential.
Location
Province ON
County Middlesex
Area Middlesex
Rooms
Family Room No
Basement Separate Entrance, Unfinished
Kitchen 2
Interior
Interior Features None
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Deck, Porch, Year Round Living
Parking Features Other
Garage Spaces 1.0
Pool None
Waterfront Description None
Roof Type Shingles
Topography Flat
Lot Frontage 32.0
Lot Depth 122.83
Total Parking Spaces 5
Building
Unit Features Fenced Yard
Foundation Concrete Block
New Construction false
Others
ParcelsYN No
Listed by MAVERICK REAL ESTATE INC.
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