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822 Maitland Street London East (East B), ON

$1,299,000
|
9 Beds
|
  1 Full / 2 Half
|

PROPERTY INFO

This is the perfect money maker to bring home monthly passive income. Being sold at just over a 6.3 cap rate. This brand-new duplex features two spacious units, each with four bedrooms, ideally suited for families or groups. Additionally, there's a one-bedroom auxiliary dwelling unit in the back, offering extra rental potential or guest accommodations. Currently fully rented, the property generates a gross income of $8,100 per month, making it a lucrative investment opportunity. Located in the desirable Old North neighborhood, it provides convenient access to Western University and St. Joseph's Hospital, ideal for students and healthcare professionals alike. Each unit boasts a well-thought-out layout, with two bedrooms located on the upper level and two on the lower, ensuring privacy and comfort. Built less than six months ago, this property promises modern amenities and a fresh living experience in a vibrant community. Perfect for investors or homeowners looking for a prime location and steady rental income. (id:4555)

PROPERTY SPECS

Listing ID X12712510
Address 822 MAITLAND STREET
City London East (East B), ON
Price $1,299,000
Bed / Bath 9 / 1 Full, 2 Half
Construction Brick, Vinyl siding
Land Size 30 x 110 FT
Type Duplex
Status For sale

EXTENDED FEATURES

Appliances Water HeaterBasement FullParking 5Easement Sub Division CovenantsFeatures Flat siteBuilding Amenities Separate Electricity MetersCooling Central air conditioningFoundation ConcreteHeating Forced airHeating Fuel Natural gasUtility Water Municipal water Date Listed 2026-01-20 17:01:34Days on Market 3Parking 5
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226.881.0754

REQUEST MORE INFORMATION

LISTING OFFICE:
Sutton Group Select Realty, Mike Mcdonald
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