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MLS® X13472384

Overview

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage Yes
Taxes $2,107
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13472384

Property Address: 626 Lorne Ave, London, ON, N5W3K5

Average square foot calculated using Size range provided by listing agent.

Description

Visit the REALTOR website for further information about this listing. Exceptional opportunity for homeowners, investors, and business owners alike. This charming Victorian legal duplex combines character, flexibility, and income potential in the heart of Old East Village. Featuring classic period architecture, generous room sizes, and the timeless appeal of a heritage-era home, this property offers a unique alternative to newer construction. The duplex offers a vacant 3-bedroom main-floor unit available for possession August 1st, plus an upper 1-bedroom apartment providing immediate rental income. Situated on a 40-foot lot, the property features parking for up to 4 vehicles and a large private fenced backyard, providing ample outdoor space. The main-floor unit offers three bedrooms, a spacious living area, kitchen, 4-piece bathroom, and private laundry. The upper apartment features 1 bedroom, living room, kitchen, 4-piece bathroom, and its own laundry facilities. Current upper-unit tenancy (4 months into a one-year lease) provides stable income while the vacant main-floor unit offers flexibility for owner occupancy or market-rent potential. Separate laundry for each unit adds convenience and tenant appeal. The property has benefited from professional insulation upgrades, including the attic, both crawl spaces, and spray-foam insulation in the basement rim joist cavities, improving energy efficiency and year-round comfort. Located in London's vibrant Old East Village, close to downtown, Western Fair District, schools, parks, public transit, shopping, restaurants, and everyday amenities. Low property taxes further enhance the property's investment appeal. A versatile property offering character, income today, and flexibility for the future. (id:58753)Show Description
MLS® NumberX13472384
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementUnfinished, Crawl space
DrivewayNo Garage
Garage Spaces
HeatForced air, Natural gas
A/CNone

Extras

Rooms

Show Details
Bedroom 1:Second Floor2.51 × 3.76 ft
Kitchen:Second Floor3.05 × 3.53 ft
Living Room:Second Floor2.74 × 4.98 ft
Master Bedroom:Main Floor3.18 × 3.43 ft

Home Estimate Zoopraisal®

This property is estimated to sell between: $448,000 and $571,000.
Similar properties in this area sold on average for: $448,633
Expected to sell in 34 days. Similar properties sold in 34 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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