354 Spruce St
London | East H | N5W 4N7- 5
- 3
- 0
Ask: $739,900 $688,884
-
Days on market
119
-
Status
Pc
Home details
- MLS #:
X9056488
- Property type:
- Triplex
- Style:
- 2-Storey
- Taxes:
- $2,485
- Possession:
- Flexible
- Lot Front:
- 40.0 Feet
- Lot Depth:
- 233.0 Feet
- Basement:
- Unfinished | Walk-Up
- Driveway Pkg:
- 3
- Heat:
- Electric | Baseboard
Description
354 Spruce St, , London, Ontario is a Triplex property in London and in the East H community in the N5W 4N7 postal code
Situated on a beautiful quiet treed street, sits this newly renovated historic charmer multi-unit property. The second story addition of a new upper legal unit was just completed with building permit in 2023. This is the perfect owner occupy mortgage helper, multi-generational home or turnkey investment property (over $62,000 annual rent income possible). Presently the main level three bedroom unit is rented at $2074 a month plus utilities; and $1529 for the garden suite inclusive of utilities. There is a rare detatched coach house tucked away in the backyard that provides the perfect work-from-home studio location you have been searching for or just additional income! Currently the upper spacious studio unit is vacant making this a perfect mortage helper property for the owner to reside in one unit and collect rental income from the other two units. Top to bottom, nearly everything has been redone from new luxury vinyl plank floors throughout, new roofs, a new on demand high efficiency hot water heater system, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves), brand new redone bathrooms with luxury tile, stainless steel appliances, and a brand new heat pump / AC system to be installed prior to closing. This is not one to miss, such a unique property with all these features rarely comes on the market. Seller financing / vendor take back option to aid in the process of downpayment possible for qualified buyers. Dont wait!.
Extras
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History
Sign in for full accessList Date | End Date | List Price | End Price | Status | MLS # |
1984-07 | 2024-02 | $33,000 | $29,500 | Sld | X7664974 |
1985-10 | 2024-02 | $39,900 | $39,000 | Sld | X7769952 |
2000-11 | 2024-02 | $56,900 | $53,000 | Sld | X7722253 |
2001-02 | 2024-01 | $71,000 | $71,000 | Ter | X7442031 |
2023-09 | 2024-02 | $749,999 | $739,900 | Ter | X7407190 |
2023-09 | 2024-01 | $749,999 | $739,900 | Sus | X6813630 |
2024-07 | 2024-10 | $739,900 | $688,884 | Pc | X9056488 |
2024-02 | $749,999 | $739,900 | X7407189 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity All Property Types
Sale activity
London :
Estimated running costs for 354 Spruce St
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $2335 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $207 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
-
Park
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Place Of Worship
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Public Transit
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Rec Centre
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School
-
School Bus Route
Payment calculator
-
Principal and Interest
2335 /mo
-
Property Taxes
$207 /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.