320 ASHLAND AVENUE, London East (east M), ON N5W4E6
320 ASHLAND AVENUE, London East (east M), ON N5W4E6
320 ASHLAND AVENUE, London East (east M), ON N5W4E6
320 ASHLAND AVENUE, London East (east M), ON N5W4E6
320 ASHLAND AVENUE, London East (east M), ON N5W4E6
320 ASHLAND AVENUE, London East (east M), ON N5W4E6
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$ 429,900
Est. payment | /mo

3 Beds

2 Baths

1,100 SqFt


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$ 429,900
Est. payment | /mo
Save

3 Beds

2 Baths

1,100 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Square Footage 1,100 sqft

Price per Sqft $390

Subdivision East M

MLS® Listing ID X13759540

Bedrooms 3

Property Description

This solid two-storey home offers an excellent opportunity for an owner-occupier or investor and is located on a quiet, tree-lined street. The property features two separate units, each with its own private entrance. The upper unit offers two bedrooms and one bathroom, while the main-floor unit is a spacious one-bedroom, one-bathroom suite. Unit 1 is currently tenant-occupied on a month-to-month lease and generates $1,600 per month in rent, inclusive of utilities, with a $100 cap for each utility. Unit 2 is currently vacant and provides an opportunity to be rented at market value. The property has separate hydro meters for each unit, as well as shared laundry facilities in the basement. The home has benefited from numerous important updates and improvements. In 2019, the basement was waterproofed and a sump pump was installed. The attic was also insulated, and the plumbing was upgraded, including both supply lines and drains. Most of the electrical system was upgraded in 2019 as well. The detached garage received a new electrical panel and electrical installation in 2021.The property has a roof dating to 2014, a furnace from 2013, and a hydro panel from 2011. In 2023, the property underwent a fire inspection, and the furnace was brought up to code for registration as a legal duplex. Outside, the property offers a nicely treed and fully fenced backyard, a detached garage, and a large front porch that adds to the home's curb appeal. With separate entrances, separate hydro meters, two self-contained living spaces, shared laundry, and numerous updates already completed, this property offers excellent flexibility for comfortable owner occupancy or long-term investment potential. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 3.91 m X 2.56 m Living room

Extra Room 2 Second level 3.4 m X 2.74 m Kitchen

Extra Room 3 Second level 3.5 m X 3.25 m Bedroom

Extra Room 4 Second level 3.5 m X 3.25 m Bedroom

Extra Room 5 Second level Measurements not available Bathroom

Extra Room 6 Main level 4.41 m X 3.5 m Living room

Interior

Heating Forced air

Cooling None

Exterior

Parking Features Yes

Fence Fenced yard

View Y/N No

Attached Garage No

Total Parking Spaces 5

Garage Yes

Private Pool No

Building

Story 2

Sewer Sanitary sewer

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Listed by MAVERICK REAL ESTATE INC.

Nearby Locations

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# 700, 1816 CROWCHILD TRAIL NW, Canada
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320 ASHLAND AVENUE