354 Spruce Street London, Ontario N5W 4N7

$599,000

Situated on a beautiful quiet treed street, sits this renovated historic charmer multi-unit property. The second story addition of a new upper legal unit was just completed with building permit in 2023; and also includes a stand alone garden suite unit. This property is being offered fully vacant to offer the most flexibility for the Buyer. This is the perfect owner occupy mortgage helper, multi-generational home or turnkey investment property (over $66,000 in annual rent income when last occupied; through organic turnover all three units have become vacant over the past few months and have been left vacant to provide the most flexibility to the Buyer).Top to bottom, nearly everything has been redone under current ownership — from luxury vinyl plank floors throughout, new roofs, a new on demand high efficiency hot water heater system, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves) and vent hoods, brand new redone bathrooms with luxury tile, stainless steel appliances, and a brand new heat pump / AC system to be installed prior to closing. This is not one to miss, such a unique property with all these features rarely comes on the market. (id:58073)

Property Details

MLS® Number	40873148
Property Type	Multi-family
Amenities Near By	Airport, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Community Features	Community Centre, School Bus
Equipment Type	Water Heater
Features	Crushed Stone Driveway
Parking Space Total	3
Rental Equipment Type	Water Heater

Building

Bathroom Total	3
Bedrooms Total	5
Basement Development	Unfinished
Basement Type	Partial (unfinished)
Constructed Date	1910
Construction Material	Concrete Block, Concrete Walls
Cooling Type	None
Exterior Finish	Concrete, Vinyl Siding
Foundation Type	Block
Heating Fuel	Electric, Natural Gas
Heating Type	Baseboard Heaters, Forced Air
Stories Total	2
Size Interior	1,390 Sqft
Type	Triplex
Utility Water	Municipal Water

Land

Access Type	Road Access
Acreage	No
Fence Type	Fence
Land Amenities	Airport, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer	Municipal Sewage System
Size Depth	235 Ft
Size Frontage	40 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	R2-3

https://www.realtor.ca/real-estate/30429468/354-spruce-street-london