Sweet investment opportunity. Ideal for investors, large families, or house hackers. Zoned R3-1, this yellow brick home offers excellent rental income potential. Currently assessed as a duplex, it also features a third bachelor unit and a fourth entrance to the upper loft, perfect for use as a home office or studio. All units are vacant except for the main level, which is occupied by the owner, making this property ready for immediate occupancy or tenants. Located within walking distance to downtown London, Budweiser Gardens, walking trails, and major bus routes, this property is also just 25 minutes from Wortley Village. The home retains much of its original character, with high ceilings, detailed trim, and a charming clawfoot tub. The main level includes a spacious eat-in kitchen with patio doors leading to a fenced backyard, as well as a large living, bright sunroom, and dining room with 10-foot ceilings. Heating system features two gas fireplaces, one gas heater, and a woodstove on the main floor, with another gas heater upstairs and two electric fireplaces throughout the property. The sunroom, updated in 2024, includes a skylight, two patio doors, and large windows that overlook the private backyard. Parking is available at the side and front of the home, and the property offers 200-amp service. Appliances include three fridges, three stoves, a washer, dryer, and a stovetop microwave. With R3-1 zoning permitting up to four units, this property offers an opportunity for investors looking to grow their portfolio or homeowners wanting rental income to offset mortgage costs. Motivated Seller. Selling as is. (id:4069)
Address
193 WATERLOO STREET
List Price
$464,900
Property Type
Single Family
Type of Dwelling
Duplex
Area
Ontario
Sub-Area
London
Bedrooms
4
Bathrooms
3
Floor Area
2,000 Sq. Ft.
Lot Size
47.1 x 87.8 FT Sq. Ft.
MLS® Number
X9511129
Listing Brokerage
RE/MAX ADVANTAGE REALTY LTD.
Basement Area
Crawl space
Postal Code
N6B2N1
Zoning
R3-1
Site Influences
Park, Place of Worship, Public Transit
Features
Lane
