354 SPRUCE STREET London

354 SPRUCE STREET, London, Ontario

$679,995

  • 5 Beds
  • 3 Baths

Situated on a beautiful quiet treed street, sits this newly renovated historic charmer multi-unit property offering three total rental units. 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 (around $62,000 of annual rent income possible). Presently the main level three bedroom unit is rented at $2074 a month plus utilities; and $1529 a month for the garden suite inclusive of utilities. Currently the upper spacious studio unit is vacant making this a perfect mortage helper property for the owner to reside in one unit and collect rental income from the other two units. Rented this unit upper unit is expected to rent for $1549 plus utilities. 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 furnace in 2024 for the main duplex property, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves), brand new redone bathrooms with luxury tile, and stainless steel appliances. With increased possibilities with residential properties being allowed up to a total of four residential units in the City of London, it is possible that with the large lot sixe and dpeth of over 250 feet on the lot; the future potential to add a fourth ADU (additional dwelling unit) on the property could be possible. This is not one to miss, such a unique property with all these features rarely comes on the market. (id:56241)

  • Listing ID: X9056488
  • Property Type: Multi-family

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: Park, Place of Worship, Schools, Public Transit
  • Community Features: School Bus, Community Centre
  • Features: Lighting, In-Law Suite
  • Parking Spaces: 3
  • Structure: Deck, Porch
  • Transaction: For sale
  • Zoning Description: R2-3

Building

  • Appliances: Water Heater, Range, Stove, Washer, Refrigerator
  • BasementType: N/A (Unfinished)
  • Basement Development: Unfinished
  • Basement Features: Walk-up
  • Bedrooms Main Level: 5
  • Cooling: Central air conditioning
  • Exterior Finish: Vinyl siding
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Foundation: Block, Slab
  • Bathrooms (Total): 3
  • Heating: Baseboard heaters
  • Heating Fuel: Electric
  • Size Interior: 1099.9909 - 1499.9875 sqft
  • Stories Total: 2
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Amenities: Park, Place of Worship, Schools, Public Transit
  • 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 Ontario. It was last modified on January 30th, 2025. Contact us to schedule a viewing or to discover other London homes 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® Meadowtowne Realty, 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® Meadowtowne Realty, 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® Meadowtowne Realty 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