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$789,900

Est. payment - /mo

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5 Beds

2 Baths

New

125 St James ST London East, ON N6A 1W6

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Kenneth Yim

ken@broadviewavenue.ca +1(647) 496-2269

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision East B

MLS Listing ID X12656244

Style 2-Storey

Bedrooms 5

Annual Tax Amount $7,091

Tax Year 2025

Property Sub-Type Duplex

Lot Depth 126.75

Lot Front 38.25

Property Description

Secure a premier piece of Old North real estate with this exceptional, legally licensed solid brick DUPLEX located at 125 St. James St. This purpose-built property offers a rare "AAA" location just steps from the University of Western Ontario, St. Joseph's Hospital, and the vibrant atmosphere of Richmond Row and Victoria Park. For outdoor enthusiasts, the immediate proximity to Gibbons Park and its scenic trail system provides an unparalleled lifestyle right at your doorstep. This is more than just an investment; it is a strategic opportunity for an owner-occupier or a parent looking to provide high-quality housing for their student while the upper unit serves as a substantial mortgage helper to offset living costs. The upcoming vacancy of the main floor two-bedroom unit on February 1st provides incredible flexibility (currently rented at $2,095 plus gas/ hydro), allowing you to move in yourself or reset the unit to current market rates. This front-and-back design ensures maximum privacy, with both the main 2 bedroom unit and the spacious 3 bedroom upper unit functioning as independent homes. Each unit features its own basement, private laundry facilities, and dedicated furnace, air conditioning, and water heater. The financial profile of the property is highly attractive, featuring separate gas and hydro meters so tenants pay their own usage. Recent upgrades further enhance the long-term value and ease of ownership, including a durable metal roof and a massive double-wide driveway that accommodates up to six vehicles- a significant rarity for the Old North area. The upper three-bedroom unit provides reliable, immediate cash flow, increasing to $2,257 plus gas/hydro April 1st. Whether you are a seasoned investor looking for a high-demand asset in a low-vacancy hub or a family seeking a premium home with a built-in income stream, this duplex represents a sound and versatile venture in London's most sought-after neighborhood

Location

Province ON

County Middlesex

Community East B

Area Middlesex

Zoning R2-2

Rooms

Family Room Yes

Basement Unfinished, Separate Entrance

Kitchen 2

Interior

Interior Features Storage, Sump Pump, Separate Hydro Meter, Separate Heating Controls, On Demand Water Heater

Cooling Central Air

Inclusions MAIN FLOOR UNIT- Existing Fridge, Stove, Washer, Dryer. UPPER UNIT- Fridge, Stove, Dishwasher, Built-in Microwave, Washer, Dryer.

Exterior

Exterior Feature Porch, Deck

Parking Features Private Double

Pool None

Roof Type Metal

Lot Frontage 38.25

Lot Depth 126.75

Total Parking Spaces 6

Building

Building Age 100+

Foundation Unknown

Others

Senior Community No

ParcelsYN No

Listed by MAVERICK REAL ESTATE INC.

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Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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