12 MCDONALD Ave
London | | N6G 1B1- 6
- 3
- 0
Ask: $780,000 $699,000
-
Days on market
190
-
Status
Pc
Home details
- MLS #:
X8205828
- Property type:
- Duplex
- Style:
- 2-Storey
- Taxes:
- $4,076
- Possession:
- Lot Front:
- 30.0 Feet
- Lot Depth:
- 207.0 Feet
- Basement:
- Finished | Full
- Driveway Pkg:
- 6
- Heat:
- Electric | Forced Air
Description
12 MCDONALD Ave, , London, Ontario is a Duplex property in London and in the community in the N6G 1B1 postal code
LEGAL duplex in a very desirable location close to Western University on a cul-de-sac. The first unit includes 4 rooms two on the main floor and two in the finished basement. There is a full bathroom on both floors as well as a laundry unit, full kitchen on the main floor, and semi-kitchen in the basement (hotplate, fridge, microwave). The second, two-bedroom unit is at the back of the house and has its own separate and private entrance with a full kitchen, bath, deck, balcony and laundry unit. In addition to a porch deck, the back unit also has a balcony facing the spacious backyard. This house has a lot of rental potential with two, complete separate units and 6 rooms overall. It has been a very profitable and cash flow positive investment. It is currently rented out, so we require a min. 24-hour notice before holding showings. New roof (Sep 2022) on the front unit. Tremendous value for an investor or anyone wanting to live in one unit while renting out the rest of the house. The unique construction of front and back units provides extra privacy. Recently (2018) installed pot lighting and new appliances in the front unit. The house was fully renovated in 2008 and is very modern with a large parking lot. Prime area right at Oxford and Wharncliffe, desirable both for family living and student rentals. Take decision after a showing as this is a very unique property. Flexible closing. Link to videos and more photos - https://drive.google.com/drive/folders/1bZebZieRMjUyI7VSLnzhtfxqFILsjZCt. The rear unit is rented out for 1,250 and one basement room for 800, . 3 rooms are still vacant which should yield between 2,500-2,800..
Extras
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History
Sign in for full accessList Date | End Date | List Price | End Price | Status | MLS # |
2024-04 | 2024-09 | $780,000 | $699,000 | Pc | X8205828 |
Comparables
Sign in for full accesssold Date | Address | List Price | sold Price | DOM |
2024-09 | 208 Drive In Rd, | $590,000 | $550,000 | 29 |
2024-07 | 18 Oak St, | $999,000 | $987,500 | 7 |
2024-06 | 93-95 Peel St, | $649,900 | $590,000 | 14 |
2024-06 | 54 William St, 56 | $799,888 | $750,000 | 47 |
2024-04 | 38/40 Pine St, | $649,900 | $630,000 | 16 |
2024-04 | 7267 Fern Ave, | $809,900 | $760,000 | 48 |
2024-03 | 440 King St, | $399,900 | $340,000 | 86 |
2024-01 | 6295 Franklin Ave, | $549,900 | $515,000 | 69 |
2023-07 | 685715 Highway 2 Way, | $1,045,000 | $970,000 | 42 |
2023-05 | 8-10 Bay St, | $499,900 | $450,000 | 31 |
2023-05 | 9-9.5 Mary St, | $629,900 | $620,000 | 62 |
2023-04 | 960 Tremaine Ave S, | $775,000 | $720,000 | 142 |
2023-04 | 659 Dolph St N, | $799,000 | $820,000 | 17 |
2023-03 | 62-64 South George St, | $745,900 | $786,301 | 4 |
2022-11 | 15 Fir St, | $1,180,000 | $1,050,000 | 122 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity All Property Types
Sale activity
London :
Estimated running costs for 12 MCDONALD Ave
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $2370 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $339 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
Payment calculator
-
Principal and Interest
2370 /mo
-
Property Taxes
$339 /mo
-
Yearly Condo Fees
$0
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