12 Mcdonald Avenue, London, Ontario N6G 1B1 (26709846) – Ravi Bedi


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12 Mcdonald Avenue London, Ontario N6G 1B1

6 Bedroom 3 Bathroom
Fireplace Central Air Conditioning Forced Air

$699,000

LEGAL duplex in a very desirable location close to Western University on a cul-de-sac. The first unit includes 4 rooms two on the main floor and two in the finished basement. There is a full bathroom on both floors as well as a laundry unit, full kitchen on the main floor, and semi-kitchen in the basement (hotplate, fridge, microwave). The second, two-bedroom unit is at the back of the house and has its own separate and private entrance with a full kitchen, bath, deck, balcony and laundry unit. In addition to a porch deck, the back unit also has a balcony facing the spacious backyard. This house has a lot of rental potential with two, complete separate units and 6 rooms overall. It has been a very profitable and cash flow positive investment. It is currently rented out, so we require a min. 24-hour notice before holding showings. New roof (Sep 2022) on the front unit. Tremendous value for an investor or anyone wanting to live in one unit while renting out the rest of the house. The unique construction of front and back units provides extra privacy. Recently (2018) installed pot lighting and new appliances in the front unit. The house was fully renovated in 2008 and is very modern with a large parking lot. Prime area right at Oxford and Wharncliffe, desirable both for family living and student rentals. Take decision after a showing as this is a very unique property. Flexible closing. Link to videos and more photos - https://drive.google.com/drive/folders/1bZebZieRMjUyI7VSLnzhtfxqFILsjZCt. The rear unit is rented out for 1,250 and one basement room for 800, . 3 rooms are still vacant which should yield between 2,500-2,800. (id:50617)

Property Details

MLS® Number X8205828
Property Type Single Family
ParkingSpaceTotal 6

Building

BathroomTotal 3
BedroomsAboveGround 6
BedroomsTotal 6
Appliances Dishwasher, Dryer, Microwave, Refrigerator, Two Stoves, Washer
BasementDevelopment Finished
BasementType Full (finished)
CoolingType Central Air Conditioning
ExteriorFinish Vinyl Siding
FireplacePresent Yes
FoundationType Concrete
HeatingFuel Electric
HeatingType Forced Air
StoriesTotal 2
Type Duplex
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 207 Ft
SizeFrontage 30 Ft
SizeIrregular 30 X 207 Ft
SizeTotalText 30 X 207 Ft|under 1/2 Acre
ZoningDescription R2-3(2)

Rooms

Level Type Dimensions
Basement Bedroom 2.92 m x 2.34 m
Basement Bedroom 2.92 m x 2.87 m
Basement Bathroom 2 m x 3 m
Main Level Living Room 4.17 m x 4.17 m
Main Level Bedroom 4.8 m x 3.57 m
Main Level Bathroom 2 m x 3 m
Main Level Bathroom 2 m x 3 m
Main Level Kitchen 3.48 m x 3.45 m
Main Level Bedroom 3.43 m x 3.05 m
Main Level Bedroom 2.95 m x 2.67 m
Main Level Kitchen 4.83 m x 4.09 m
Main Level Living Room 4.7 m x 3.48 m

https://www.realtor.ca/real-estate/26709846/12-mcdonald-avenue-london

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