ON > London > East H
London, ON N5W 4N7,354 Spruce ST
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London, ON N5W 4N7,354 Spruce ST
London, ON N5W 4N7,354 Spruce ST
London, ON N5W 4N7,354 Spruce ST
London, ON N5W 4N7,354 Spruce ST
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Jan Ayres

Jan Ayres

+1(613) 327-5915
$ 679,995
Est. payment /mo
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354 Spruce ST London, ON N5W 4N7

5 Beds

3 Baths

UPDATED:

02/07/2025 05:46 AM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision East H

MLS Listing ID X9056488

Style 2-Storey

Bedrooms 5

Annual Tax Amount $2,674

Tax Year 2024

Property Description

Situated on a beautiful quiet treed street, sits this newly renovated historic charmer multi-unit property offering three total rental units. The second story addition of a new upper legal unit was just completed with building permit in 2023. This is the perfect owner occupy mortgage helper, multi-generational home or turnkey investment property (around $62,000 of annual rent income possible). Presently the main level three bedroom unit is rented at $2074 a month plus utilities; and $1529 a month for the garden suite inclusive of utilities. Currently the upper spacious studio unit is vacant making this a perfect mortage helper property for the owner to reside in one unit and collect rental income from the other two units. Rented this unit upper unit is expected to rent for $1549 plus utilities. Top to bottom, nearly everything has been redone from new luxury vinyl plank floors throughout, new roofs, a new on demand high efficiency hot water heater system, new furnace in 2024 for the main duplex property, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves), brand new redone bathrooms with luxury tile, and stainless steel appliances. With increased possibilities with residential properties being allowed up to a total of four residential units in the City of London, it is possible that with the large lot sixe and dpeth of over 250 feet on the lot; the future potential to add a fourth ADU (additional dwelling unit) on the property could be possible. This is not one to miss, such a unique property with all these features rarely comes on the market.

Location

State ON

County Middlesex

Community East H

Area Middlesex

Zoning R2-3

Rooms

Family Room Yes

Basement Unfinished, Walk-Up

Kitchen 3

Interior

Interior Features Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, Water Heater Owned

Cooling Central Air

Inclusions 3 Fridges, 3 Stoves, 2 Range Exhaust Hoods, Laundry Sink, Washer, Tankless Hot Water Heater, Smoke Detectors, Carbon Monoxide Detectors

Exterior

Exterior Feature Deck, Porch, Lighting, Year Round Living

Parking Features Private, Tandem, Front Yard Parking

Garage Spaces 3.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 40.0

Lot Depth 233.0

Total Parking Spaces 3

Building

Foundation Concrete Block, Slab

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN No

Listed by EXP REALTY
agent

Jan Ayres

+1(613) 327-5915

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354 Spruce ST