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$ 649,900
Est. payment /mo
New
153 Hale ST London East, ON N5W 1E5
6 Beds
4 Baths
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
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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145 Wharncliffe Rd S, London, ON N6J 2K4, CAN
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