553 Quebec Street, London East, ON N5W 3Y9
Middlesex County
Key Facts
Description
Amazing Investment Opportunity Located in the heart of London! This turn-key, low-maintenance legal duplex in Old East Village will be an amazing addition to your portfolio. Close to downtown, Western Fair Farmer's Market and all amenities, including bus routes to both Fanshawe College and UWO. Perfect for anyone looking for a spacious, cash-flowing investment or a mortgage helper to ease their payments. This building features 2 spacious units and has an extensive list of recent updates: Three Hydro meters and updated Electrical Panels (2022), Roof (2014), Siding/eavestrough/soffits/fascia (2021), Updated plumbing (2021), Furnace (2019), Fence (2020-2021). In addition, there is a coin-operated shared laundry and plenty of parking. Separate entrances for both units and the full unfinished basement for storage/workshop. Both units are rented to high-quality A+ tenants for a $1650 & $1550 per month which comes to total income of $3200 monthly.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Style
2-Storey
Stories
2
Lot Dimensions
32.0x100.0
Parking Spaces
4
MLS® Listing#
X13584982
Property Features
Interior
Cooling
Heating
Basement
Pool
Construction
Roof
Financial Details
Annual Taxes
CA$3,537
Tax year 2025
Parcel Number
082840017
Directions
https://maps.app.goo.gl/g5RLDmULv4P2NPmj8
Affordability Calculator
$91,600
Estimated monthly payment
$2,438/mo
Principal $366,400 · Est. interest $511,161 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in London East, ON
- CA$687,922
- Median Listing Price
- 47
- Median Days on Market
- 1,500
- Median Sq Ft
- CA$476
- Median Price / Sq Ft
- 6,809
- Active Listings
- This home’s price is 33% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in London East, ON.
Location
Points of Interest in London East, ON
Showing the London East area map.
Nearby Schools
East Carling Public School
School · 0.7 km away
Blessed Sacrament Catholic School
School · 0.9 km away
Centre for Lifeling Learning
School · 1.2 km away
St Mary Choir Catholic School
School · 1.2 km away
North American Trade School
Secondary · 1.3 km away
Knollwood Park Public School
School · 1.3 km away
Academie de la Tamise
School · 1.3 km away
London Bridge
School · 1.5 km away
H.B. Beal Secondary School
Secondary · 1.6 km away
Sir John A MacDonald Public School
School · 1.6 km away
Lord Roberts Public School
School · 1.6 km away
Catholic Central High School
Secondary · 1.8 km away
John Paul II
Secondary · 1.8 km away
Lord Elgin School
School · 1.8 km away
Aberdeen Public School
School · 1.9 km away
Grosvenor Nursery School
School · 1.9 km away
London Bridge
School · 2.0 km away
St Michael Separate School
School · 2.1 km away
Trafalgar Public School
School · 2.1 km away
Robarts School for the Deaf
Secondary · 2.1 km away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 70 - 226 HIGHVIEW AVENUE W, London South (South O), ON | CA$324,000 | 3 | 2 | — |
| 226 Highview Avenue W 70, London South, ON | CA$324,000 | 3 | 2 | — |
| 32 - 159 SANDRINGHAM CRESCENT, London South (South R), ON | CA$324,900 | 3 | 3 | — |
| 166 Southdale Road W 143, London South, ON | CA$324,900 | 3 | 2 | — |
| 1775 Culver Drive 114, London East, ON | CA$324,900 | 3 | 2 | — |
| 143 - 166 SOUTHDALE ROAD W, London South (South O), ON | CA$324,900 | 3 | 2 | — |
Moving Cost Estimate
EXIT Agents in London East
Listing Courtesy: EXP REALTY - 8665307737
Presented by: SUNNY DUGGAL