$699,900

Detached

578 WATERLOO Street, London East, ON

18 DAYS

1500-2000

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Listed by CENTURY 21 FIRST CANADIAN CORP

·Virtual Tour

Listed by CENTURY 21 FIRST CANADIAN CORP

Property Highlights

Parking

3 spaces

Property Tax

$5,331/yr

Lot Size

< .50 ac

Style

2-Storey

Basement

Unfinished, Partial

Monthly Cost

$3,400/mo

About This Home

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!

Monthly Cost

Monthly Mortgage$2,955

Property Tax ($5,331/yr)$444

Total$3,399

Price & Listing History

Schools

Location

Tap to view full map

Rooms

mft

Main Level

Bedroom: 4.29m × 2.36m

Kitchen: 3.84m × 3.81m

Laundry: 3.63m × 1.78m

Bathroom: 1.65m × 1.65m

Bedroom: 3.68m × 3.07m

Primary Bedroom: 3.81m × 3.48m

Living Room: 3.81m × 4.37m

Second Level

Bathroom: 2.18m × 1.45m

Primary Bedroom: 3.81m × 3.68m

Laundry: 2.18m × 2.51m

Bedroom: 3.25m × 2.34m

Kitchen: 4.06m × 2.49m

Family Room: 4.70m × 3.81m