For Sale

578 WATERLOO Street, London East, Ontario N6B 2P9

$729,900

578 WATERLOO Street, London East, Ontario N6B 2P9 is For Sale and has a listing price of 729,900. The property is located in the London East . It's been on the website for 72 Days.

  • Investment
    Property Type
  • 5
    Bedrooms
  • MLS ID: X12264967
  • Office Name CENTURY 21 FIRST CANADIAN CORP
Property Description

THIS IS THE ONE THAT YOU HAVE BEEN WAITING FOR! Stunning turn-key DUPLEX located in the heart of the historic Woodfield district. This beautifully maintained property has been renovated from top to bottom without losing any of its original character and charm. An amazing investment opportunity offering a lucrative return on investment. Perfect for an owner occupied. Live in one unit and have the tenant pay your mortgage! Both units feature high ceilings, stained glass windows, impressive woodwork and gleaming hardwood flooring throughout. Updated kitchens with newer appliances included. Main floor 3 bedroom unit currently rented for $2,400/month plus hydro. Upper floor 2 bedroom unit currently rented for $2,100/month plus hydro. Both A+ tenants. Basement currently rented as storage for $200/month. Convenient in suite laundry. Separate entrances for additional privacy between units. Oversized private concrete driveway with parking for 3 cars. Zoning: R3-2 (allows up to 4 units for potential increased income), OC2 permits for a variety of uses including commercial opportunities. Ideally located within close proximity to great schools, restaurants, public transit, Canada Life Place, Fanshawe College-Downtown Campus, Victoria Park and great shopping along Richmond Row. Time to stop thinking about owning income property and finally call yourself an investor. Do not miss this opportunity to build your real estate portfolio!

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12264967
  • Price: $729,900
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 165
  • Ref ID: X12264967
  • Dir / Cross St: CENTRAL AVE.
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
Price History
List Date MLS ID List Price Status End Date Closed Price
07/05/2025 X12264967 $729,900 For Sale - -
07/05/2025 X12264968 $729,900 For Sale - -
02/14/2025 X11973368 $819,900 For Sale -
02/12/2025 X11968922 $819,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London East
  • $689,841 Average List Price
    based on 1 year
  • 332 New Listings
    based on 30 days
  • 67 Median Days on Market
    based on 1 year
  • List vs. Selling Price 179.96 % Up
  • Sold (12mo) 365
  • Rented (12mo) 110

  • 1 Month Change -25.6%
  • 3 Month Change -43.1%
  • 6 Month Change +11.6%
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Y
  • Parking Spaces: 3
  • Kitchen Y
  • Taxes: $5,003
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 05/07/2025 13:44:39
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