822 MAITLAND STREET, London East (East B), Ontario N5Y2W5

822 MAITLAND STREET
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This is the perfect money maker to bring home monthly passive income. Being sold at just over a 6.3 cap rate. This brand-new duplex features two spacious units, each with four bedrooms, ideally suited for families or groups. Additionally, there's a one-bedroom auxiliary dwelling unit in the back, offering extra rental potential or guest accommodations. Currently fully rented, the property generates a gross income of $8,100 per month, making it a lucrative investment opportunity. Located in the desirable Old North neighborhood, it provides convenient access to Western University and St. Joseph's Hospital, ideal for students and healthcare professionals alike. Each unit boasts a well-thought-out layout, with two bedrooms located on the upper level and two on the lower, ensuring privacy and comfort. Built less than six months ago, this property promises modern amenities and a fresh living experience in a vibrant community. Perfect for investors or homeowners looking for a prime location and steady rental income.

Property Specifications

Comprehensive breakdown of features and details.

Interior Details

AppliancesWater Heater
BasementFull
Bathrooms Partial2
Bathrooms Total3
Bedrooms Total9
CoolingCentral air conditioning
HeatingForced air, Natural gas

Building & Exterior

Building FeaturesSeparate Electricity Meters
Exterior FeaturesBrick, Vinyl siding
Foundation DetailsConcrete
Parking FeaturesNo Garage
Stories2.0

Land & Location

City RegionEast B
Frontage Length30.0 feet
Lot FeaturesFlat site
Lot Size Dimensions30 x 110 FT

Utilities & Services

UtilitiesSewer, Electricity, Cable, Wireless

Listing & Financials

Listing OfficeSUTTON GROUP - SELECT REALTY
Originating System NameLondon and St. Thomas Association of REALTORS®

Other Specifications

CountryCanada
Parking Total5

For Sale

$1,299,000

822 MAITLAND STREET, London East (East B), Ontario N5Y2W5

Beds

9

Baths

3

Living Area

-

Lot Size

-

Property Type

Duplex

Year Built

-

Listing IDX12712510

Location & Map

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822 MAITLAND STREET, London East (East B) | $1,299,000 | Lify.ca