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!
Address
1942 Duluth Crescent
List Price
$559,000
MLS® Status
New
Expiration Date
2026-03-02
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
London East
Sub-Area
East I
Region
Middlesex
Bedrooms
3 + 3
Bedrooms (Total)
6
Rooms Above Grade
6
Rooms Below Grade
6
Bathrooms
2
Floor Area
< 700 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
136.61
Lot Shape
Rectangular
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
501.13
Occupant Type
Tenant
Cross Street
Trafalgar St & Clarke Rd
MLS® Number
X12441391
Listing Brokerage
RARE REAL ESTATE
Basement Area
Finished, Separate Entrance
Postal Code
N5V 1H7
Posession Details
Immediate
Parking
Private
Parking Places (Total)
3
Parking Spaces
3
Tax Amount
$2,737.34
Tax Year
2024
Interior Features
Carpet Free, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor, Storage
Cable
Available
Central Vacuum
No
Family Room
Yes
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
South
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
1
Kitchens Below Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LOT 27, PLAN 846;, SUBJECT TO 93027 LONDON/LONDON TOWNSHIP
Waterfront
No
Sewer
Sewer