1942 Duluth Cres

London | East I | N5V 1H7
  • 3 + 3
  • 2
  • 0

$559,000

Est. Mtg $1,895 /mo
  • Days on market

    128

  • Status

    New

Listing Broker RARE REAL ESTATE
Since listed: 1 views

Home details

MLS #:

X11902679

Property type:
Detached
Style:
Bungalow
Taxes:
$2,737
Possession:
Immed/Flexible
Lot Front:
501.13   Feet
Lot Depth:
136.61   Feet
Basement:
Finished | Sep Entrance
Driveway Pkg:
3
Heat:
Gas | Forced Air

Description


1942 Duluth Cres, , London, Ontario is a Detached property in London and in the East I community in the N5V 1H7 postal code


CALLING LONDON INVESTORS: Welcome to 1942 Duluth Cres, a fully renovated investment gem (High CAP RATE) in the heart of London. This spacious bungalow features a 3+3 bedroom, 1+1 bathroom, 1+1 kitchen layout on a generous 50x136 ft lot. Completed in 2022, the modern renovation includes great finishes throughout, making this property as turnkey as they come. Generating $4,000/month in rental income, its an excellent opportunity for investors. The open-concept main floor offers a bright and inviting living space, with a contemporary eat-in kitchen that showcases upgraded cabinetry and sleek, modern appliances. Each of the three bedrooms on this level provides ample room for relaxation, and the seamless flow between the kitchen, dining, and living areas creates an ideal setting for entertaining or family gatherings. A separate side entrance leads to a fully finished in-law suite featuring 3 Bedrooms, 1 Bathroom, laundry, and kitchen. Outside, the expansive backyard offers endless possibilities for outdoor enjoyment, with plenty of space for relaxing or social gatherings. Nestled in a vibrant community, 1942 Duluth Cres provides easy access to Forest View Park, the Thames River pathway, and is only minutes from major amenities including dining, shopping, and groceries. The location is ideal, with convenient access to the 401 and proximity to the airport, making citywide travel a breeze. Don't miss this opportunity to own a beautifully modernized cash flowing investment property in one of London's most accessible and cash flowing rental neighbourhoods!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2021-09 2024-02 $499,900 $530,000 Sld X7797111
2022-04 2024-02 $2,000 $2,000 Lsd X7803658
2024-07 2024-07 $2,300 $2,300 Lsd X9004306
2024-11 2024-12 $499,900 $559,900 Ter X10415324
2024-12 2024-12 $559,000 $559,000 New X11902679

Comparables

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sold Date Address List Price sold Price DOM
2025-03 165 Baffin Rd, $499,999 $512,000 10
2025-03 25 Cornell Cres, $475,950 $506,100 3
2025-02 35 Caprice Cres, $499,900 $480,000 48
2025-02 383 Speight Blvd, $475,000 $475,000 6
2025-02 62 Wexford Ave, $525,000 $525,000 1
2025-02 3 Wellesley Cres, $639,999 $630,000 29
2025-01 305 Simpson Cres, $545,000 $525,000 9
2024-12 67 Daybreak Crt, $649,900 $630,000 15
2024-12 415 HUDSON Dr, $499,900 $492,000 15
2024-12 204 Tremont Rd, $549,900 $530,000 21
2024-12 391 Hudson Dr, $549,900 $525,000 10
2024-11 37 Talavera Cres, $599,999 $593,000 33
2024-11 239 Portsmouth Cres E, $559,999 $535,000 49
2024-11 60 Jena Cres, $549,900 $520,000 65
2024-11 176 Wellesley Cres, $579,000 $550,000 14

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

London :

Properties sold
Average sale price
New Listings
Year on Year Growth

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 1942 Duluth Cres

Based on available 3rd party data

$2258

Approximate costs per month

Mortgage
$1895 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$228 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RARE REAL ESTATE
Data Source: TRREB

Payment calculator

$2123 monthly. In association with: TD Bank
%
  • Principal and Interest
    1895 /mo
  • Property Taxes
    $228 /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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