Detached House for sale at 465 Second Street, London East, Ontario, N5V 2B1 - East H - MLS: X12378692

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465 Second Street

London East, Ontario, N5V 2B1 - East H

$599,999

Neighbourhood

East H
Major Intersection

DUNDAS ST & SECOND ST

Listed Since: 67 day(s)
Last update: 2 day(s) ago

Overview

Property Type

Detached, 1 1/2 Storey
Bedrooms

3 + 2
Bathrooms

2
Basement

Finished + Sep Entrance
Kitchen

1 + 1
Total Parking

4
Lot Size

45x150 (Feet)
Taxes

$5,160.00 (2024)
Type

Freehold

Property Description

Property description for 465 Second Street, London East

Rare Legal Duplex on a spacious 45.11 x 150.79 ft lot, offering an excellent opportunity for investors or end-users. The upper unit features 3 large bedrooms, a bright living room, separate laundry, and will be vacant October 1st ideal for owner occupancy or new tenants. The second unit includes two private entrances, a kitchen, bathroom, and laundry on the back upper level, basement with 2 bedrooms (one with walk-in closet), plus a versatile extra room can be used as an office or 3rd bedroom, and a spacious living room with oversized windows. Current 2nd unit tenants are willing to stay, providing immediate rental income. Located within walking distance to Fanshawe College, this property is highly desirable for students, families, or first-time buyers seeking a mortgage helper. Adding to its potential, the backyard hosts an existing structure that could be converted into another unit for even more income opportunities.

Listed by GOLD EMPIRE REALTY INC.

Property details

MLS #

X12378692
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

51-99
Pool

None
Drive

n/a
Garage

None
Total Parking

4
Family Room

N
Den

N
Exterior

Vinyl Siding
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete Block
Elevator

N
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Other
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X12378692
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

51-99
Pool

None
Drive

n/a
Garage

None
Total Parking

4
Family Room

N
Den

N
Exterior

Vinyl Siding
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete Block
Elevator

N
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Other
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Kitchen

2.65 x 2.78 ft Main level
Bathroom

2.07 x 2.53 ft Main level
Living

4.8 x 3.67 ft Main level
Dining

2.92 x 3.67 ft Main level
Laundry

2.85 x 2.33 ft Main level
Br

2.97 x 2.94 ft Main level
2nd Br

2.8 x 3.22 ft Main level
Primary

3.29 x 4.3 ft Upper level
Kitchen

2.92 x 2.78 ft Upper level
Br

4.1 x 3.8 ft Bsmt level
Office

2.97 x 2.6 ft Bsmt level
2nd Br

3.22 x 2.5 ft Bsmt level
Bathroom

2.07 x 2.53 ft Upper level
Living

4.1 x 3.4 ft Upper level
Kitchen

2.65 x 2.9 ft Bsmt level
Laundry

1.8 x 2.2 ft Bsmt level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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