125 ST JAMES STREET London

125 ST JAMES STREET, London

$825,000

  • 5
  • 2
Introducing an exceptional investment opportunity with this legally licensed, two-story solid brick duplex, perfectly situated in a AAA location just steps from Gibbons Park, scenic walking trails, St. Josephs Hospital, the University of Western Ontario, and Richmond Row. This property features a well-maintained main floor unit with two bedrooms and a spacious upper unit with three bedrooms, both above grade and equipped with their own basements, complete with laundry facilities. Each unit boasts its own furnace, air conditioning, and water heater, ensuring comfort and independence for tenants. The large double-wide driveway can accommodate up to six vehicles, enhancing convenience. Recent updates have kept both units in excellent condition. The current rental income includes Unit 1 (upper) at $2,202 per month (plus water and electricity, month-to-month), and Unit 2 (main) at $2,095 per month (plus water and electricity, under a one-year lease that started in February). This property has separate gas and hydro meters for each unit allowing for utilities to be charged back to the tenant. The addition of a durable metal roof enhances the property's longevity. Don't miss out on this fantastic opportunity. This duplex represents a sound investment venture for both seasoned and new property investors alike. (id:58875)
  • Listing ID: X12042663
  • Property Type: Multi-family
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Rooms

LevelTypeDimensions
BasementUtility Room3.55 m x 4.95 m
BasementLaundry Room3.27 m x 4.85 m
BasementLaundry Room6.08 m x 5.11 m
Main LevelBedroom3.87 m x 5.11 m
Main LevelBedroom2.4 m x 3.67 m
Main LevelKitchen4.52 m x 3.95 m
Main LevelLiving Room4.25 m x 4.11 m
Upper LevelFamily Room6.08 m x 5.11 m
Upper LevelKitchen2.75 m x 2.77 m
Upper LevelBedroom3.25 m x 3.52 m
Upper LevelBedroom2.5 m x 3.32 m
Upper LevelBedroom3.19 m x 3.57 m

Details

  • Equipment: Water Heater - Tankless, Water Heater
  • Features: Sump Pump
  • Parking Spaces: 6
  • Rental Equipment: Water Heater - Tankless, Water Heater
  • Transaction: For sale
  • Zoning Description: R3-2

Building

  • Amenities: Separate Electricity Meters, Separate Heating Controls
  • Appliances: Water Heater - Tankless, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
  • BasementType: N/A (Unfinished)
  • Basement Development: Unfinished
  • Basement Features: Separate entrance
  • Bedrooms Main Level: 5
  • Cooling: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Unknown
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Stories Total: 2
  • Type: Duplex
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Depth: 126 ft ,9 in
  • Size Frontage: 38 ft ,3 in
  • Size Irregular: 38.25 x 126.75 FT

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    This property for sale is located at 125 ST JAMES STREET in London. It was last modified on April 2nd 2025. Let us connect you with one of our real estate agents to schedule a viewing or to discover other London properties for sale.

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