12 MCDONALD Ave

London | | N6G 1B1
  • 6
  • 3
  • 0

Ask: $780,000 $699,000

Est. Mtg $2,370 /mo
  • Days on market

    190

  • Status

    Pc

Listing Broker RIGHT AT HOME REALTY
Since listed: 2 views

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

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List Date End Date List Price End Price Status MLS #
2024-04 2024-09 $780,000 $699,000 Pc X8205828

Comparables

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sold 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 :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 12 MCDONALD Ave

Based on available 3rd party data

$2844

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:

Listing Broker RIGHT AT HOME REALTY
Data Source: TRREB

Payment calculator

$2709 monthly. In association with: TD Bank
%
  • Principal and Interest
    2370 /mo
  • Property Taxes
    $339 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Raymond Chin, Realtor

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