329 Salisbury Street, London East, Ontario N5Y 3A8

Listed for:

$599,900

6 beds

2 baths

Listed 32 days ago

Duplex for rent: 329 Salisbury Street, London East, Ontario N5Y 3A8

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About

Quebec St. and Salisbury St. This well-maintained purpose-built duplex is the ideal addition to any investor's portfolio.Generating $4,350 per month in rental income with tenants paying their own hydro, this property offers strong returns from day one. Both units are on new lease agreements at market rents, with professional property management already in place - making this a truly passive investment opportunity. Each unit features 3 bedrooms, a kitchen with backsplash, a generous living room, in-unit laundry, and a 4-piece bathroom. Major capital improvements have already been completed, including a metal/steel roof (2019), boiler/on-demand water heater (2020), soffits, fascia, and eavestroughs (2020), main floor bathtub with surround (2019), and kitchen cabinet updates(2019) - meaning you get to enjoy the benefits of upgrades without the install.Additional highlights include separate driveways with ample parking, separate hydro meters, a lower level storage area, and a private backyard space.Whether you're a seasoned investor looking to add a low-maintenance asset to your portfolio or a buyer looking to offset your cost of living, 329 Salisbury Street checks all the boxes. (id:27476)

Property Highlights

MLS® Number

X13008634

Type

Multi-family

Community Name

East G

Land Size

45.1 x 151.5 FT

Parking Space Total

Building

Building Type

Duplex

Storeys

2.00

Square Footage

1500 - 2000 sqft

Bathrooms Total

Bedrooms Above Ground

Bedrooms Total

Amenities

Separate Electricity Meters

Exterior Finish

Brick, Concrete

Fireplace Present

Basement Type

N/A (Unfinished), N/A

Basement Features

Separate entrance

Building Heating Type

Radiant heat

Heating Fuel

Natural gas

Building Cooling Type

None

Utilities

Water

Municipal water

Utility Sewer

Sanitary sewer

Room Layout

Living room

Second level

5.49 m x 3.66 m

Kitchen

Second level

3.2 m x 2.74 m

Primary Bedroom

Second level

3.81 m x 2.59 m

Bedroom

Second level

3.35 m x 2.74 m

Bedroom

Second level

2.74 m x 2.74 m

Living room

Main level

5.49 m x 3.66 m

Kitchen

Main level

3.17 m x 2.74 m

Primary Bedroom

Main level

3.51 m x 3.05 m

Bedroom

Main level

3.51 m x 2.74 m

Bedroom

Main level

3.51 m x 2.74 m

Location

Learn more about this property

Listing provided by:

PRIME REAL ESTATE BROKERAGE

MLS® number:

X13008634

Agent:

Kyle Henry

Phone:

(519) 402-8482

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