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$499,999
Ontario,London East (East G)
For Sale Active
631 ELIAS STREET, London East (East G), Ontario N5W3N5
  • 3
  • 2
  • 1500 - 2000Square Feet
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Basic Details
Description

Fantastic opportunity for first-time buyers and investors alike! This charming yellow brick duplex in London’s vibrant Old East Village offers the perfect chance to offset your mortgage with rental income or add a solid investment property to your portfolio. The upper unit will be vacant as of September 1st, making it ideal for an owner-occupier or for setting your own

market rent. This bright and spacious 2-bedroom unit features a unique layout with one bedroom on the main floor and a second bedroom upstairs. The upper unit also offers its own private laundry, electric baseboard heating with the added comfort and charm of a gas fireplace. The lower unit is occupied by excellent month-to-month tenants who are currently paying $1, 083 per month and would love to stay. This self-contained unit includes its own separate laundry, forced air gas heating. Both units are separately metered for hydro and gas, with tenants currently paying their own utilities. Water and water heater rentals are paid by the owner. Recent updates include the roof being redone in three phases between 2018 and 2021, a refinished bathtub in 2023, a new washer in 2023, a new gas fireplace insert in 2025, and a newly rebuilt deck in 2025.With separate utilities, private laundry for each unit, and the flexibility of a soon-to-be vacant upper unit, this property offers exceptional value and versatility. Whether you’re looking to live in one unit while generating rental income from the other, or seeking a turnkey investment in a growing neighbourhood, 631 Elias Street is an opportunity you won’t want to miss. Conveniently located close to downtown, public transit, schools, parks, and all the shops, cafés, breweries, and restaurants that make Old East Village one of London’s most exciting and evolving neighbourhoods. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13500776
  • Price: $499,999
  • Bedrooms: 3
  • Bathrooms: 2
  • Square Footage: 1500 - 2000 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 273802
Features & Appliances
Features
  • Heating System: Forced air, Natural gas, Baseboard heaters, Electric
  • Cooling System: Window air conditioner
  • Basement: N/A, Unfinished
  • Fireplace: Insert
  • Parking: No Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
  • Fireplaces Total: 1
Address Map
  • Location: CA, Ontario, London East (East G), N5W3N5
  • Street: Elias
  • Street Number: 631
  • Street Suffix: Street
  • Longitude: W82° 46' 0.8''
  • Latitude: N42° 59' 38.8''
Additional Information
  • Water Source:
  • Community Features:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 27.5 x 150 FT
  • Stories: 1.5
Financial
  • Tax Annual Amount: 3820
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Listing updated: 2026-07-01 16:53:14
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Listing Information
  • List Agent Key: 2136851
  • List Office Key: 273802
  • Modification Timestamp: 2026-06-29T16:40:19Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2026-06-29T16:34:22Z
Powered by REALTOR.ca
Listing updated: 2026-07-01 16:53:14
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