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$549,900
Ontario,London East (East F)
For Sale Active
547 WILLIAM STREET, London East (East F), Ontario N6B3E8
  • 2
  • 2
  • 1500 - 2000Square Feet
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Basic Details
Description

Fantastic investment opportunity on this solid duplex in the heart of OLD NORTH-WOODFIELD VILLAGE with excellent opportunity to ADD SECONDARY DWELLING UNIT(S) ON THIS 150 FOOT LOT! Main floor is 2 bedrooms but could be 2 bedrooms plus den, upper level is large one bedroom with oversized kitchen and newer walk out deck overlooking beautiful mature

yard. Tenants pay all utilities. LANDLORD ONLY PAYS WATER. Cap rate of 5.4 % but based on PRIOR rents which were under market value. Large front porch which is great outdoor space for main floor tenant. Parking for 2 cars. Fantastic opportunity for young buyers to get into the market and have one unit significantly support their mortgage payments. Prior rents on main were $1856 plus hydro and gas heating costs, upper unit $1600 plus hydro and heat (heated by hydro). Both water heaters are owned. Each unit has its own laundry. Updates include new steel roof and eavestroughs in 2025, newer rear decking off upper unit, furnace approx. 10 years old. 11 appliances included plus upper unit window air conditioner. Income: $41,472 (based on prior rents) Expenses: $8,049. Net: $33,423. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X12737134
  • Price: $549,900
  • Bedrooms: 2
  • Bathrooms: 2
  • Square Footage: 1500 - 2000 Sqft
  • Status: Active
  • Office Name: COLDWELL BANKER POWER REALTY
  • Property Sub Type: Single Family
  • Office Key: 272304
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Wall unit
  • Basement: Full
  • Parking: No Garage
  • Exterior Features: Brick
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, London East (East F), N6B3E8
  • Street: William
  • Street Number: 547
  • Street Suffix: Street
  • Longitude: W82° 45' 53.3''
  • Latitude: N42° 59' 24.6''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 35 x 148.3 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 5700
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Listing updated: 2026-01-28 19:32:52
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Listing Information
  • List Agent Key: 1387527
  • List Office Key: 272304
  • Modification Timestamp: 2026-01-28T22:05:27Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2026-01-28T21:52:13Z
Powered by REALTOR.ca
Listing updated: 2026-01-28 19:32:53
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