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808 TALBOT STREET
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808 TALBOT STREET $849,900
1 day ago
$849,900
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808 TALBOT STREET
London East (East B), Ontario N6A2V6

MLS® Number: X12130084
6
Bedrooms
2
Bathrooms
2000 - 2500
Square Feet

Listing Description

Turnkey licensed duplex in prime Old North location-steps to Gibbons Park and walking distance to UWO, St. Josephs Hospital, and Downtown London. High-demand rental area with proximity to transit, shopping, and entertainment as well as direct bus route to UWO. This extremely well-maintained property features a private double drive and 5 designated parking spots-rare and income-generating. Upper unit offers 4 bedrooms at $3,339/month. Main floor is a 2 bedroom unit leased at $2,100/month. Both units are leased until April 30, 2026. Annual rental income: $65,268 + $1,800/year from parking = $67,068 total. Each unit has in-suite laundry. Owner pays heat ($1,835/year) and hydro ($3,246/year). Recent upgrades include new furnace and a/c (2018), roof and skylights (2016), owned water heater and fresh paint throughout. Strong cap rate with potential for rent increases upon tenant turnover. This is an exceptional investment in a high-demand location with proven income and long-term value growth. (40402578)

Location Description

West on Oxford Street from Richmond Street. North on Talbot Street. Property is on\r\nthe right.

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
2
Square Footage
2000 - 2500 sqft
Community Name
East B
Land Size
41 x 164.1 FT|under 1/2 acre
Age Of Building
100+ years
Annual Property Taxes
$7,488
Parking Type
No Garage
Time on REALTOR.ca
1 day

Building

Bedrooms
Above Grade
6
Bathrooms
Total
2
Interior Features
Appliances Included
Water Heater, Dishwasher, Dryer, Two stoves, Two Washers, Two Refrigerators
Basement Type
Full (Unfinished)
Building Features
Features
Flat site, Guest Suite, In-Law Suite
Foundation Type
Poured Concrete
Fire Protection
Smoke Detectors
Rental Equipment
Water Heater
Structures
Deck
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Installed), Wireless (Available)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Hospital, Park, Schools
Parking
Parking Type
No Garage
Total Parking Spaces
5

Measurements

Square Footage
2000 - 2500 sqft

Land

Lot Features
Fencing
Fenced yard
Frontage
41 ft
Land Depth
164 ft ,1 in
Other Property Information
Zoning Description
R3-2
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3
519-851-2341
Email
Book showing
COLDWELL BANKER POWER REALTY
Brokerage
519-471-9200

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