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Home ON Greater London London West London
12 MCDONALD AVENUE
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12 MCDONALD AVENUE $729,000
2 days ago
$729,000
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12 MCDONALD AVENUE
London, Ontario N6G1B1

MLS® Number: X12050184
6
Bedrooms
3
Bathrooms
-
Square Feet

Listing Description

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, very 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. (40143909)

Location Description

North of Wharncliffe/Oxford.

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Community Name
East A
Land Size
30 x 207 FT|under 1/2 acre
Annual Property Taxes
$4,300
Parking Type
No Garage
Time on REALTOR.ca
2 days

Building

Bedrooms
Above Grade
6
Bathrooms
Total
3
Interior Features
Appliances Included
All, Dishwasher, Dryer, Microwave, Two stoves, Washer, Refrigerator
Basement Type
Full (Finished)
Building Features
Foundation Type
Concrete
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Electric)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Parking
Parking Type
No Garage
Total Parking Spaces
6

Rooms

MetricImperial
Main level
Living room
Bedroom
Bathroom
Bathroom
Kitchen
Bedroom
Bedroom
Kitchen
Living room
Basement
Bedroom
Bedroom
Bathroom

Land

Lot Features
Frontage
30 ft
Land Depth
207 ft
Other Property Information
Zoning Description
R2-3(2)
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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