For Sale

64 Stanley Street, London South, Ontario N6C 1B1

$594,900

64 Stanley Street, London South, Ontario N6C 1B1 is For Sale and has a listing price of 594,900. The property is located in the South London neighbourhood . It's been on the website for 14 Days.

  • Duplex
    Property Type
  • 3
    Bedrooms
  • 2
    Bathrooms
  • Parking
  • MLS ID: X12373480
  • Office Name TEAM GLASSER REAL ESTATE BROKERAGE INC.
Property 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 and soffits (2025), 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!

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12373480
  • Price: $594,900
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 198
  • Ref ID: X12373480
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Wharncliffe Rd/Stanley St
  • Status: Active
  • Tax Year: 2024
  • Property Type: Duplex
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
09/02/2025 X12373480 $594,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
South London
  • $686,247 Average List Price
    based on 1 year
  • 58 New Listings
    based on 30 days
  • 33 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.24 % Up
  • Sold (12mo) 69
  • Rented (12mo) 24

  • 1 Month Change -11.7%
  • 3 Month Change -
  • 6 Month Change -24.1%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 1 1/2 Storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 4
  • Exterior Vinyl Siding
  • Kitchen 2
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 1
  • Taxes: $2,832
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 02/09/2025 13:32:22
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