454 Salisbury Street London, ON N5Y 3B2
Listing Courtesy of: TORONTO IDX / Century 21 First Canadian Corp. Brokerage / Andrea Newcombe

  454 Salisbury Street London, ON N5Y 3B2

Active
$599,900
5
BED
2
BATH
700-1100
SQFT

Description

INVESTORS! Youre not going to want to miss this LEGAL, LICENSED DUPLEX with a potential 6.4% CAP RATE!!!! This all-brick two unit property with separate detached garage (bonus income potential) is located in a great neighbourhood with an easy commute to Fanshawe College, downtown London, parks, schools and more. The main unit combines comfort with functionality featuring three bedrooms, a generously sized kitchen and a living room with updated laminate flooring, vinyl windows and central air conditioning. This unit is currently rented to excellent tenants at market rent. With the spacious recently renovated two-bedroom lower-level unit being vacant, you can choose your own tenant or have a family member move in as well. Shared laundry is available in the common space making it an attractive feature for prospective tenants. Additional features include the home being equipped with a modern Nest thermostat and a newer furnace. Don't forget the entertainment options with nearby craft breweries and the bustling hubs of The Factory and Clubhouse. This property is perfect for investors looking for a turnkey investment, parents of students attending Fanshawe, and home-owners looking for income potential.

MLS®:
X12044473
Taxes
$4,169(2024)
Type
Single-Family Home
Style
Bungalow
County
Middlesex County
Community
East G

Listed By

Andrea Newcombe, Century 21 First Canadian Corp. Brokerage
Source
TORONTO IDX
Last checked May 28 2025 at 9:37 PM EDT
Bathroom Details
Interior Features
  • None
Property Features
  • Foundation: Concrete
Heating and Cooling
  • Forced Air
  • Central Air
Basement Information
  • Apartment
  • Separate Entrance
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • Detached
Parking
  • Lane
Stories
  • 1
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Disclaimer: Copyright 2025 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/28/25 14:37