354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East
  • 354 SPRUCE STREET London East

354 SPRUCE STREET, London East, Ontario

$649,000

  • 5 Beds
  • 3 Baths

On a beautiful quiet treed street, sits this newly renovated historic charmer multi-unit property; a street over from the beautiful spacious Kiwanis park. The location is also good for transit access and proximity to all neccessary services. A perfect oppurtuny awaits a new homeowner for an ideal mortgage helper situation as the garden suite ADU unit that sits independent of the main structure duplex is set to be vacant for September 1st, 2025. The second story addition of a new upper legal unit was just completed with building permit in 2023. This is the perfect owner occupy mortgage helper, multi-generational home or turnkey investment property (over $71,000 in annual rent income currently).Top to bottom, nearly everything has been redone from new luxury vinyl plank floors throughout, new roofs, a new on demand high efficiency hot water heater system, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves), brand new redone bathrooms with luxury tile, stainless steel appliances, and a brand new heat pump / AC system to be installed prior to closing. This is not one to miss, such a unique property with all these features rarely comes on the market. Presently the main level three bedroom unit is rented at $2399 a month (with new lease signed to existing tenants as of June 1st,2025); the upper unit is rented at $1400 a month (effective as of March 15th, 2025) and the garden suite unit is currently rented at $1529 a month, however will be vacant as of September 1st, 2025 through natural turnover from a tenant that loved their time in this location. As a bonus a contract is in place to lease the space in the basement until end of 2025 brining in an additional $640 montly. This property is at approxiamately an 8.5% Cap Rate at asking price! (id:56241)

  • Listing ID: X12219905
  • Property Type: Multi-family
View Additional Photos

Schedule a Tour

Schedule Private Tour

Are you looking for a private viewing? Schedule a tour with one of our Ontario real estate agents.

Match your Lifestyle with your Home

Let us put you in touch with a REALTOR® who specializes in the Ontario market to match your lifestyle with your ideal home.
Get Started Now

Lifestyle Matchmaker

Let one of our Ontario real estate agents help you find a property to match your lifestyle.

Rooms

LevelTypeDimensions
Bathroom Second level 1.75 m x 2.03 m
Bedroom Second level 3.25 m x 8.84 m
Kitchen Second level 3.05 m x 4.32 m
Utility room Basement 4.7 m x 5.41 m
Foyer Main level 1.47 m x 2.82 m
Bedroom Main level 4.01 m x 2.9 m
Living room Main level 2.9 m x 4.27 m
Bedroom 2 Main level 2.69 m x 3 m
Bedroom 3 Main level 2.74 m x 2.92 m
Study Main level 1.37 m x 1.07 m
Bathroom Main level 2.59 m x 1.63 m
Kitchen Main level 5.13 m x 3 m
Kitchen Ground level 4.37 m x 2.54 m
Living room Ground level 2.67 m x 2.24 m
Bathroom Ground level 1.6 m x 2.24 m

Details

  • Amenities Nearby: Public Transit, Park, Schools
  • Community Features: Community Centre, School Bus
  • Equipment: Water Heater - Tankless
  • Features: Flat site, In-Law Suite
  • Parking Spaces: 3
  • Rental Equipment: Water Heater - Tankless
  • Structure: Deck, Patio(s), Porch
  • Transaction: For sale
  • View: City view
  • Zoning Description: R2-3

Building

  • Amenities: Separate Heating Controls
  • Appliances: Water meter, Dryer, Range, Stove, Two Washers, Refrigerator
  • BasementType: N/A (Unfinished)
  • Basement Development: Unfinished
  • Basement Features: Walk-up
  • Bedrooms Main Level: 5
  • Constructed Status: Insulation upgraded
  • Cooling: Ventilation system
  • Exterior Finish: Vinyl siding
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Foundation: Block, Slab
  • Bathrooms (Total): 3
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1100 - 1500 sqft
  • Stories Total: 2
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit, Park, Schools
  • Fence: Fully Fenced, Fenced yard
  • Sewer: Sanitary sewer
  • Size Frontage: 40 ft
  • Size Irregular: 40 x 233 FT
MLS®

Listing provided by EXP REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 354 SPRUCE STREET in London East Ontario. It was last modified on June 19th, 2025. Contact us to schedule a viewing or to discover other London East real estate for sale.

Request More Information

Want more information or schedule a showing? Let us put you in touch with one of our agents who specializes in Ontario properties.

Terms of Use Agreement

Terms of Use
This website is operated by Royal LePage® Ontario, a brokerage who is a member of The Canadian Real Estate Association (CREA). The content on this property is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Royal LePage® Ontario, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
Royal LePage® Ontario may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Agree Decline