$411,000
981 Lorne Avenue, London East, ON N5W 3L4


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London East, ON N5W 3T4
4 Bed · 3 Bath · Duplex
MLS #X9380298
Sold on November 13, 2024
November 13, 2024
Originally listed at $689,900 14 days on market
Discover the perfect investment opportunity in the heart of Old East Village! This beautifully renovated duplex, with separate hydro, is currently VACANT and is being sold FULLY FURNISHED and fully stocked (reach out for a full list of inclusions). It has been meticulously upgraded from top to bottom, blending modern luxury with classic charm. The Lower Unit has been consistently rented for $2,500 and features 3 bedrooms and 2 full bathrooms. This inviting space offers a formal dining area ideal for entertaining. Step outside to enjoy your own fully fenced & maintenance-free yard, complete with a brand-new covered deck and built-in benches, perfect for relaxing or hosting gatherings. The Upper Unit is a 1-bed, 1-bath that consistently rents for $1850 + Hydro and boasts a large private balcony. BOTH units feature IN-SUITE laundry for added convenience, ensuring that comfort and practicality are top priorities for you or your tenants. The modern kitchens are equipped with elegant quartz countertops and sleek stainless-steel appliances, elevating both style and functionality. Consistently operating at an impressive 6.5% cap rate, this duplex is not just a home; its a savvy investment. Don't miss out on this exceptional opportunity in a vibrant community known for its eclectic charm and convenient amenities! Schedule a viewing today and experience all that this stunning property has to offer.
Bedrooms
4
Bathrooms
3
Property Type
Duplex
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| Name | Size (m) | Size (ft) | Features |
|---|---|---|---|
| Bedroom 2(Basement) | 2.88 x 3.47 | 9.4 x 11.4 | - |
| Bedroom 3(Basement) | 4.52 x 2.41 | 14.8 x 7.9 | - |
| Bathroom(Basement) | 1.62 x 2.63 | 5.3 x 8.6 | - |
| Living Room(Basement) | 5.01 x 3.45 | 16.4 x 11.3 | - |
| Dining Room(Main) | 3.63 x 3.85 | 11.9 x 12.6 | - |
| Primary Bedroom(Main) | 2.67 x 4.34 | 8.8 x 14.2 | - |
| Bathroom(Main) | 1.11 x 2.45 | 3.6 x 8.0 | - |
| Living Room(Second) | 3.06 x 2.85 | 10.0 x 9.4 | - |
| Primary Bedroom(Second) | 5.02 x 3.29 | 16.5 x 10.8 | - |
| Bathroom(Second) | 1.66 x 2.49 | 5.4 x 8.2 | - |
| Kitchen(Main) | 3.79 x 3.26 | 12.4 x 10.7 | - |
| Kitchen(Second) | 3.04 x 2 | 10.0 x 6.6 | - |
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Complete transaction history for this property
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Original List Price
$689,900
Listed on Oct 2, 2024
Sold Price
$675,000
Sold on Nov 13, 2024
-$14,900
-2.2%
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Your Agent
Broker of Record
PREMIER MATRIX REALTY LTD. BROKERAGE
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Contact OVAIS QASSIM
425 English Street, London East, ON N5W 3T4 is a 4-bedroom, 3-bathroom 2-storey duplex, situated on a 22 99 foot lot. This property is currently sold (sold for $675,000). The home features a none garage and a finished, full basement, built approximately 100+ years ago.
This home is located in East G, part of London East in the Middlesex area. Explore more homes for sale and recently sold properties in this neighbourhood.
Whether you are looking to buy, sell, or lease in East G, our team of experienced real estate professionals can help you navigate the market and find the perfect home. Contact us today for a free consultation.
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