$ 545.000

1 Erie Avenue, London

29 Photos

Kitchen - 1 Erie Avenue, London, ON N6J1H9 Photo 2

Living room - 1 Erie Avenue, London, ON N6J1H9 Photo 3

Bedroom - 1 Erie Avenue, London, ON N6J1H9 Photo 4

4pc Bathroom - 1 Erie Avenue, London, ON N6J1H9 Photo 5

Bedroom - 1 Erie Avenue, London, ON N6J1H9 Photo 6

Kitchen - 1 Erie Avenue, London, ON N6J1H9 Photo 7

Bedrooms: 4
Bathrooms: 2
Living area: 1566 sqft

MLS®: 40574765
Type: Residential
Added: 4 days ago

Property Details

Discover this legal duplex nestled on a serene dead-end street in London, Ontario's vibrant heart. Just minutes from the sought-after Wortley Village and with easy public transit to Downtown, this property promises convenience and charm. Ideal for investors or savvy homeowners, it offers the flexibility of income generation or house-hacking by living in one unit and renting out the other. The main floor boasts a spacious two-bedroom unit with a modern kitchen renovated in 2014, private parking, and basement laundry. Updates include windows (2011), roof (2009), and vinyl flooring (2014). Upstairs features another two-bedroom unit with a full kitchen, 4-piece bath, and a relaxing outdoor balcony. With its vacant status, this duplex is move-in ready, allowing you to set your rents and capitalize on its potential. Don't miss this opportunity to own a versatile property with endless possibilities! (id:1945)

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Property Information

Sewer: Municipal sewage system
Cooling: None
Heating: Natural gas
Stories: 2
Basement: Unfinished, Partial
Utilities: Natural Gas
Year Built: 1897
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
Directions: North on Wharncliffe, left onto Erie Street, house is on left hand side.
Living Area: 1566
Lot Features: In-Law Suite
Photos Count: 29
Water Source: Municipal water
Lot Size Units: acres
Parking Total: 4
Bedrooms Total: 4
Structure Type: House
Common Interest: Freehold
Subdivision Name: South E
Tax Annual Amount: 3959.76
Exterior Features: Brick, Stucco
Security Features: Smoke Detectors
Foundation Details: Poured Concrete
Lot Size Dimensions: 0.068
Zoning Description: AC
Architectural Style: 2 Level

Room Dimensions

Type	Level	Dimensions
Foyer	Main level	3'5'' x 4'9''
Kitchen	Main level	13'8'' x 12'5''
Living room	Main level	23'3'' x 14'6''
Bedroom	Main level	15'4'' x 8'2''
4pc Bathroom	Main level	6'0'' x 6'6''
Bedroom	Main level	10'5'' x 13'2''
Kitchen	Second level	15'4'' x 6'4''
Primary Bedroom	Second level	16'6'' x 10'9''
Bedroom	Second level	10'11'' x 13'0''
Bonus Room	Second level	7'9'' x 13'4''
4pc Bathroom	Second level	11'10'' x 7'7''

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Nearby Places

Name	Type	Address	Distance
London Regional Children's Museum	It was founded as one of the first Children's muse...		0.9 km
London Children's Museum	Museum	21 Wharncliffe Rd S	0.9 km
German-Canadian Club of London Field	The stadium holds 900 spectators....		0.9 km
Ben Thanh	Restaurant	57 York St	1.3 km
Labatt Park	Stadium	25 Wilson Ave	1.3 km
Middlesex County Court House (London, Ontario)	The courthouse building is an "early example of th...		1.4 km
Museum London	Museum	421 Ridout St N	1.4 km
Labatt Park	From home plate to centre field the distance is 40...		1.4 km
Budweiser Gardens	Stadium	99 Dundas St	1.5 km
Budweiser Gardens	The John Labatt Centre, which opened on October 11...		1.5 km
Weldon Park Academy	The Lower School (grades one to five) and Middle S...		1.5 km
La Casa Ristorante	Restaurant	117 King St	1.5 km

Similar Houses Stat in London

We have found 6 Houses that closely match the specifications of the property located at 1 Erie Avenue with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 469,000 and 699,990, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the N6J1H9 postal code area of London Ontario Canada.

1 Erie Avenue mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 1 Erie Avenue. The current price of the property is $545,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $436,000. This would result in a monthly mortgage payment of $2,549 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	10
Bachelor's degree	90
University / Above bachelor level	10
University / Below bachelor level	15
Certificate of Qualification	10
College	75
University degree at bachelor level or above	105

Neighbourhood Marital Status Stat

Married	240
Widowed	75
Divorced	85
Separated	35
Never married	205
Living common law	60
Married or living common law	300
Not married and not living common law	400

Neighbourhood Construction Date

1961 to 1980	95
1981 to 1990	50
1991 to 2000	20
2001 to 2005	10
2006 to 2010	10
1960 or before	180

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