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$594,900
Ontario,London South (South F)
For Sale Active
64 STANLEY STREET, London South (South F), Ontario N6C1B1
  • 3
  • 2
  • 2,000 Sqft
Basic Details
Description

Welcome to your next opportunity at 64 Stanley Street, a City-approved legal duplex in South London, recently renovated to meet todays standards. Fully licensed with the City of London since 2023, this property has been updated for safety, compliance, and modern living. Significant updates include new eavestroughs a

roof on addition (2025), carpet in upstairs unit (2025), main floor fully renovated (2022), soundproof insulation between units (2022), and insulated exterior walls (2022). Electrical and plumbing have been fully updated with no knob-and-tube or lead pipes. Other improvements include a tankless water heater (2022), modern appliances (main 5, upper 4) installed in 2022, furnace (2015), and windows (2015). Combined with complete fire separation (45-minute burn rating), these upgrades make the duplex safe, efficient, and investor-ready. The main floor unit consists of high ceilings, stunning hardwood floors, and a modern kitchen and bathroom. The upstairs unit is very spacious with many updates and open concept living. Both units feature private entrances, functional layouts, and separate Hydro meters, providing ease of management while appealing to tenants. Live in one unit and lease the other or set your own rents with this fully vacant property. Financially, this duplex delivers strong returns, with projected gross rents of $43,200 per year and a projected Net Operating Income of $35,449, which equates to a cap rate of nearly 6% at the list price. The location is unbeatable: walk to Downtown London or the vibrant shops and cafés of Wortley Village, and enjoy transit, schools, and parks just minutes away. With legal compliance, modern updates, and immediate income, 64 Stanley Street is a turn-key investment you won’t want to miss! (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12373480
  • Price: $594,900
  • Bedrooms: 3
  • Bathrooms: 2
  • Square Footage: 2,000 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 272437
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Basement: Unfinished, N/A
  • Parking: No Garage
  • Exterior Features: Vinyl siding
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, London South (South F), N6C1B1
  • Street: Stanley
  • Street Number: 64
  • Street Suffix: Street
  • Longitude: W82° 44' 24.7''
  • Latitude: N42° 58' 40.8''
Additional Information
  • Lot Features:
  • Water Source:
  • Stories: 1.5
  • Lot Size Dimensions: 36 x 198 FT
  • Foundation Details:
Financial
  • Tax Annual Amount: 2832
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Listing updated: 2025-10-13 05:11:23
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Listing Information
  • List Agent Key: 2076578
  • List Office Key: 272437
  • Modification Timestamp: 2025-09-02T14:30:24Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2025-09-02T14:24:08Z
Powered by REALTOR.ca
Listing updated: 2025-10-13 05:11:23

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These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with PassGo Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

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