1053 Oxford Street E London East, Ontario N5Y 3L2

7 Bedroom 3 Bathroom 1,100 - 1,500 ft2
Bungalow Fireplace Central Air Conditioning Baseboard Heaters

$859,000

?? Prime Income Property Exceptional Opportunity at 1053 Oxford Street East, London Discover a high-performing investment asset in one of Londons most strategic and dynamic locations. This spacious, fully tenanted duplex offers a rare blend of size, versatility, and strong rental income perfect for seasoned investors or those looking to kickstart a rewarding real estate portfolio.? Property Highlights:7 Bedrooms | 3 Full Bathrooms | 2 Kitchens Generous layout with multiple private entrances, including a separate basement suite Currently generates $4,300/month in rental income significantly covering mortgage costs with surplus cash flow Opportunity to increase parking beyond the existing 6 spaces Durable masonry construction enhances longevity and curb appeal??? Zoned for Success: Located in a high-traffic, mixed-use corridor, this property offers excellent long-term development potential, whether you continue as a multi-residential rental or explore future commercial or mixed-use applications (buyer to verify zoning). The area is surrounded by transit, retail, restaurants, and schools, making it an ideal location for tenants and businesses alike.?? Investors Edge: Reliable, long-term tenants already in place and willing to stay Solid rental upside with the potential to renovate or reposition units for higher yields Minimal vacancy risk due to prime location and large unit sizes This is more than just a property its a strategic income-generating investment with built-in cash flow and room to grow. Don't miss the chance to own in one of Londons most promising zones! (id:38414)

Property Details

MLS® Number X12210690
Property Type Multi-family
Community Name East G
Amenities Near By Public Transit
Community Features School Bus
Equipment Type None
Features In-law Suite
Parking Space Total 6
Rental Equipment Type None

Building

Bathroom Total 3
Bedrooms Above Ground 3
Bedrooms Below Ground 4
Bedrooms Total 7
Age 51 To 99 Years
Amenities Fireplace(s)
Appliances Dryer, Stove, Washer, Refrigerator
Architectural Style Bungalow
Basement Features Separate Entrance
Basement Type N/a
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fire Protection Smoke Detectors
Fireplace Present Yes
Flooring Type Laminate
Foundation Type Block, Unknown
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 1
Size Interior 1,100 - 1,500 Ft2
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Public Transit
Sewer Sanitary Sewer
Size Depth 131 Ft ,7 In
Size Frontage 40 Ft ,10 In
Size Irregular 40.9 X 131.6 Ft ; 40.93ft X131.62 Ft X42.10ft X129.07ft
Size Total Text 40.9 X 131.6 Ft ; 40.93ft X131.62 Ft X42.10ft X129.07ft|under 1/2 Acre
Zoning Description R2-2

Rooms

Level Type Dimensions
Basement Bedroom 3.23 m x 2.9 m
Basement Bedroom 2.96 m x 2.9 m
Basement Bathroom Measurements not available
Basement Bathroom Measurements not available
Basement Bedroom 4.18 m x 2.04 m
Basement Bedroom 3.41 m x 3.35 m
Main Level Living Room 4.6 m x 4.41 m
Main Level Kitchen 4.27 m x 2.83 m
Main Level Bedroom 3.07 m x 2.78 m
Main Level Living Room 5.5 m x 2.83 m
Main Level Kitchen 7.11 m x 2.17 m
Main Level Bathroom Measurements not available
Upper Level Primary Bedroom 3.3 m x 3.2 m
Upper Level Bedroom 3.38 m x 2.99 m

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June 10 2025 07:51:24

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