• Mobile: 647-964-2184
  • Office: 905-230-3100
  • Fax: 905-230-8577

$559,000
Available - For Sale
Listing ID: X12163389
1942 Duluth Cres , London East, N5V 1H7, Middlesex


CALLING LONDON INVESTORS: Welcome to 1942 Duluth Cres, a fully renovated investment gem (High CAP RATE) in the heart of London. This spacious bungalow features a 3+3 bedroom, 1+1 bathroom, 1+1 kitchen layout on a generous 50x136 ft lot. Completed in 2022, the modern renovation includes great finishes throughout, making this property as turnkey as they come. Generating $4,000/month in rental income, its an excellent opportunity for investors. The open-concept main floor offers a bright and inviting living space, with a contemporary eat-in kitchen that showcases upgraded cabinetry and sleek, modern appliances. Each of the three bedrooms on this level provides ample room for relaxation, and the seamless flow between the kitchen, dining, and living areas creates an ideal setting for entertaining or family gatherings. A separate side entrance leads to a fully finished in-law suite featuring 3 Bedrooms, 1 Bathroom, laundry, and kitchen. Outside, the expansive backyard offers endless possibilities for outdoor enjoyment, with plenty of space for relaxing or social gatherings. Nestled in a vibrant community, 1942 Duluth Cres provides easy access to Forest View Park, the Thames River pathway, and is only minutes from major amenities including dining, shopping, and groceries. The location is ideal, with convenient access to the 401 and proximity to the airport, making citywide travel a breeze. Don't miss this opportunity to own a beautifully modernized cash flowing investment property in one of London's most accessible and cash flowing rental neighbourhoods!
Price $559,000
Taxes: $2737.34
Occupancy: Tenant
Address: 1942 Duluth Cres , London East, N5V 1H7, Middlesex
Acreage: < .50
Directions/Cross Streets: Trafalgar St & Clarke Rd
Rooms: 6
Rooms +: 6
Bedrooms: 3
Bedrooms +: 3
Family Room: T
Basement: Finished, Separate Ent
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Kitchen 11.41 10
Room 2 Main Living Ro 11.41 17.48
Room 3 Main Bedroom 13.42 8.99
Room 4 Main Bedroom 2 11.41 8
Room 5 Main Bedroom 3 11.32 9.91
Room 6 Main Bathroom 7.84 4.76 4 Pc Bath
Room 7 Lower Kitchen
Room 8 Lower Bedroom
Room 9 Lower Bedroom 2
Room 10 Lower Bedroom 3
Room 11 Lower Living Ro
Room 12 Lower Bathroom
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 3 Lower
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Detached
Style: Bungalow
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 3
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: < 700
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
$
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RARE REAL ESTATE
Personal Picture
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
 
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At a Glance:
Type: Freehold - Detached
Area: Middlesex
Municipality: London East
Neighbourhood: East I
Style: Bungalow
Lot Size: x 136.61(Feet)
Approximate Age:
Tax: $2,737.34
Maintenance Fee: $0
Beds: 3+3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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