666 Queens Avenue London East, Ontario N5W 3H1

$650,000

Located in the heart of Old East Village, this charming legal duplex presents a unique opportunity for both investors and owner-occupiers alike. The main floor unit is currently vacant, providing the perfect chance for a buyer to move in or lease it at current market rent.The upper-level unit is already tenanted by a reliable working professional paying $1,450 per month plus hydro, offering stable, ongoing income from day one.This property is fully licensed with the City of London as a legal duplex, ensuring compliance with all local regulations and bylaws. It also features coin-operated laundry in the basement, adding a convenient and passive additional revenue stream for the owner.Situated in one of Londons most up-and-coming neighbourhoods, you're just minutes away from local favourites like The Market at Western Fair, the future Hard Rock Hotel, and the exciting redevelopment of the iconic Kellogg's building now home to attractions such as PowerhouseBrewery, The Factory indoor adventure park, and unique retail and dining experiences.Whether you're looking to expand your real estate portfolio or live in one unit while renting out the other, this turn-key duplex offers incredible potential in a vibrant, rapidly growing area. With strong rental demand, excellent walkability, and access to some of the citys most exciting amenities, this is an investment worth exploring. (id:61716)

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https://www.realtor.ca/real-estate/28195988/666-queens-avenue-london-east-east-g-east-g