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71 Stanley St

Stanley StThe RidgewayLondonON, N6C 1B3

3
Beds
2
Baths
1,901
Sq. Ft.
$649,900
List Price
71 Stanley St, London, ON - 1 of 3
71 Stanley St, London, ON - 2 of 3
71 Stanley St, London, ON - 3 of 3
New
13 days on market

Quick Summary

  • Convenient mortgage helper property
  • Centrally located in growing Downtown London
  • Practical layout with separate tenant units
  • Ample storage and parking for 3 vehicles
  • Tenants on month-to-month terms with stable rents
  • Charming yellow brick duplex with character
  • Close proximity to downtown attractions
  • Favorable long-term outlook for London market

An exciting opportunity awaits investors and first-time buyers looking for a mortgage helper. Located in Downtown London, this two-storey yellow brick duplex is your ticket to long-term wealth building while enjoying all the nearby amenities this growing city has to offer. Whether embarking on a new chapter or expanding your investment... Show More

An exciting opportunity awaits investors and first-time buyers looking for a mortgage helper. Located in Downtown London, this two-storey yellow brick duplex is your ticket to long-term wealth building while enjoying all the nearby amenities this growing city has to offer. Whether embarking on a new chapter or expanding your investment portfolio, this property offers many perks to even the most discerning buyer. Practicality meets comfort in the main floor unit featuring one bedroom (with the possibility for two), 4pc bathroom, good sized kitchen with gas stove and plenty of cabinetry, convenient laundry in lower level, soaring ceilings, plenty of character throughout including a timeless fireplace, ample storage space and smart layout with front and rear entrances. The upper level unit offers a practical layout and unique features with two bedrooms, 3pc bathroom, large kitchen with s/s appliances and an abundance of counter space, in-unit laundry, formal dining room and two living rooms including an impressive loft with vaulted ceilings. As an added bonus, this duplex provides plenty of storage in the lower level that is easily segregated between tenants and comfortable parking for 3 vehicles. Experience the best of downtown living with this strategically located property, just a hop, skip and a jump from Labatt Memorial, Ivey, and Harris Park, stunning walking/riding trails, Budweiser Gardens, Covent Garden Market, and every other downtown attraction. Both tenants are on month-to-month terms with rents as follows, Upper Level: $1,153. Main Level: $801. Tenants pay their separately metered hydro and gas. Landlord pays water. There’s a reason every smart investor emphasizes location, location, location. London’s long-term outlook couldn’t be better so take advantage of this rare Downtown property today! (id:54626)

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Property Details

Size

1,901 sq. ft.
across 2 floors
3 Beds
2 Baths
2 Full

Parking

3 Parking Spaces
-

Lot

Size
360′ * 1020′
Acres
-

Build

Year Built
1901
Model Name
-
Basement
-
Exterior
Brick
Foundation
-
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40583892
Last Updated
May 7, 2024
Brokerage
HOMEOLOGY REAL ESTATE GROUP, BROKERAGE
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