CALLING LONDON INVESTORS: Welcome to 1942 Duluth Cres, a fully renovated investment gem (High CAP RATE) in the heart of London. This spacious bungalow features a 3+3 bedroom, 1+1 bathroom, 1+1 kitchen layout on a generous 50x136 ft lot. Completed in 2022, the modern renovation includes great finishes throughout, making this property as turnkey as they come. Generating $4,000/month in rental income, its an excellent opportunity for investors. The open-concept main floor offers a bright and inviting living space, with a contemporary eat-in kitchen that showcases upgraded cabinetry and sleek, modern appliances. Each of the three bedrooms on this level provides ample room for relaxation, and the seamless flow between the kitchen, dining, and living areas creates an ideal setting for entertaining or family gatherings. A separate side entrance leads to a fully finished in-law suite featuring 3 Bedrooms, 1 Bathroom, laundry, and kitchen. Outside, the expansive backyard offers endless possibilities for outdoor enjoyment, with plenty of space for relaxing or social gatherings. Nestled in a vibrant community, 1942 Duluth Cres provides easy access to Forest View Park, the Thames River pathway, and is only minutes from major amenities including dining, shopping, and groceries. The location is ideal, with convenient access to the 401 and proximity to the airport, making citywide travel a breeze. Don't miss this opportunity to own a beautifully modernized cash flowing investment property in one of London's most accessible and cash flowing rental neighbourhoods!
Address
1942 Duluth Crescent
List Price
$559,000
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Area
London
Sub-Area
East I
County
Middlesex
Bedrooms
3 + 3
Bathrooms
2
Lot Size Source
GeoWarehouse
Lot Depth
136.61
Lot Shape
Rectangular
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
501.13
MLS® Number
X11902679
Listing Brokerage
RARE REAL ESTATE
Basement Area
Finished, Separate Entrance
Postal Code
N5V 1H7
Parking
Private
Parking Places (Total)
3
Tax Amount
$2,737.34
Tax Year
2024
Interior Features
Carpet Free, In-Law Capability, In-Law Suite, Primary Bedroom - Main Floor, Storage
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
South
Foundation Details
Concrete
Garage Type
None
Kitchens Total
2
Pool Features
None
Roof
Asphalt Shingle
Sewer
Sewer