578 WATERLOO ST, London East, ON N6B 2P9
578 WATERLOO ST, London East, ON N6B 2P9
578 WATERLOO ST, London East, ON N6B 2P9
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$674,900
Est. payment /mo
5 Beds
1,872 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1,872 sqft

Price per Sqft $360

Subdivision East F

MLS Listing ID X13558130

Bedrooms 5

Annual Tax Amount $5,331

Tax Year 2025

Property Sub-Type Investment

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 $1,950/month plus hydro (Commencing May 2026). 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!

Location

Province ON

County Middlesex

Area Middlesex

Zoning R3-2 OC2

Rooms

Kitchen 0

Interior

Cooling No

Exterior

Parking Features None

Community Features Public Transit

Utilities Available Yes

Building

Lot Description Building

New Construction false

Others

Virtual Tour https://listings.tourme.ca/sites/dpreaxn/unbranded


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Lited by CENTURY 21 FIRST CANADIAN CORP

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Tyler Verheul

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578 WATERLOO ST