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Nick Soloviov

nick@nick.realtor +1(647) 767-6116

$ 649,900

Est. payment -/mo

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Active

153 Hale ST London East, ON N5W 1E5

6 Beds

4 Baths

0.38 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision East O

MLS Listing ID X13731914

Style 1 1/2 Storey

Bedrooms 6

Annual Tax Amount $5,700

Tax Year 2025

Lot Size 0.382 Acres

Property Sub-Type Duplex

Property Description

$4,804/month in current rent, two substantially updated units, a City of London rental licence, separate hydro, and a 40 x 415 ft lot. 153 Hale Street delivers income from day one, with a property profile that gives investors plenty to consider for the future. Zoned R1-6, this tenanted duplex features two self-contained units, each with in-unit laundry and access to its own half of the detached garage. The front unit offers two bedrooms upstairs plus a third main-floor bedroom, along with a partially finished basement offering plenty of additional space. The rear unit has two upper-level bedrooms, a main-floor den or office, and generous basement space. Both units have been extensively updated, including newer kitchens and bathrooms. For buyers looking to maximize the property over time, the additional basement spaces are well worth considering for expanded living or other uses. Then there's the lot. At 40 x 415 ft, its exceptional depth adds another dimension to the investment. Even more interesting, the neighbouring property, which has a similarly deep lot, is currently also available for sale. For investors or developers taking a longer-term view, the combination presents an interesting opportunity to explore future redevelopment potential. Both units are currently tenanted with total current rent of $4,804 per month as of September 1. Collect the income today while you investigate what this property could offer tomorrow.

Location

Province ON

County Middlesex

Area Middlesex

Rooms

Family Room No

Basement Full, Partially Finished

Kitchen 2

Interior

Interior Features Primary Bedroom - Main Floor, Storage

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 40.0

Lot Depth 412.5

Total Parking Spaces 7

Building

Building Age 51-99

Unit Features Fenced Yard,Library,Park,Place Of Worship,Public Transit

Foundation Concrete

Others

ParcelsYN No

Listed by REAL BROKER ONTARIO LTD

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Nick Soloviov

Real Estate Agent - Landpower Real Estate LTD. License ID: 5013486

+1(647) 767-6116

nick@nick.realtor

onlinelistings.realestate/

3621 Hwy 7 #403, Markham, ON L3R 0G6, CAN

Nick Soloviov

153 Hale ST London East, ON N5W 1E5

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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153 Hale ST