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153 HALE STREET London East

153 HALE STREET, London East

$649,900

  • 6
  • 4
2,750 Square Feet
$4,804/month in current rent, two substantially updated units, a City of London rental licence, separate hydro, and a 40 x 415 ft lot. 153 Hale Street delivers income from day one, with a property profile that gives investors plenty to consider for the future. Zoned R1-6, this tenanted duplex features two self-contained units, each with in-unit laundry and access to its own half of the detached garage. The front unit offers two bedrooms upstairs plus a third main-floor bedroom, along with a partially finished basement offering plenty of additional space. The rear unit has two upper-level bedrooms, a main-floor den or office, and generous basement space. Both units have been extensively updated, including newer kitchens and bathrooms. For buyers looking to maximize the property over time, the additional basement spaces are well worth considering for expanded living or other uses. Then there's the lot. At 40 x 415 ft, its exceptional depth adds another dimension to the investment. Even more interesting, the neighbouring property, which has a similarly deep lot, is currently also available for sale. For investors or developers taking a longer-term view, the combination presents an interesting opportunity to explore future redevelopment potential. Both units are currently tenanted with total current rent of $4,804 per month as of September 1. Collect the income today while you investigate what this property could offer tomorrow. (id:58875)
  • Listing ID: X13731914
  • Property Type: Multi-family
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Details

  • Amenities Nearby: Park, Place of Worship, Public Transit
  • Equipment: Water Heater
  • Parking Spaces: 7
  • Rental Equipment: Water Heater
  • Transaction: For sale
  • Zoning Description: R1-6

Building

  • Appliances: Water meter, Dishwasher, Dryer, Two stoves, Two Washers, Two Refrigerators
  • BasementType: Full (Partially finished)
  • Basement Development: Partially finished
  • Bedrooms Main Level: 6
  • Cooling: Central air conditioning
  • Exterior Finish: Aluminum siding
  • Fireplace Present: False
  • Foundation: Concrete
  • Bathrooms (Total): 4
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2500 - 3000 sqft
  • Stories Total: 1.5
  • Type: Duplex
  • Utility Water: Municipal water

Land

  • Amenities: Park, Place of Worship, Public Transit
  • Fence: Fenced yard
  • Sewer: Sanitary sewer
  • Size Depth: 412 ft ,6 in
  • Size Frontage: 40 ft
  • Size Irregular: 40 x 412.5 FT ; 40.10 ft x 415.04 ft x40.10 ft x415.04ft

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    This property for sale is located at 153 HALE STREET in London. It was last modified on September 1st 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other London homes for sale.

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