321 Salisbury Street, London East
Turnkey legal duplex offering an exceptional opportunity for investors or end-users seeking the ultimate mortgage helper! The extensively updated upper unit features 3 bedrooms, a spacious light-filled living room, a generous kitchen with direct access to a freshly painted rear deck, an updated bathroom, and fresh paint throughout. The fully self-contained lower unit offers a private front entrance, 2 bedrooms, large windows, an open-concept living/dining area, and a private kitchen. Both units have convenient access to shared basement laundry with interior access. The lower unit is currently rented for $1,500/month plus utilities, providing immediate rental income to help with mortgage costs. The tenant can be assumed by the buyer, or vacant possession can be provided with 60 days' notice. Recent upgrades include basement flooring, paint and kitchen improvements in 2025, including a new refrigerator, exhaust fan and electric cooking range; heat pumps and a wall-mounted AC unit installed in 2025; separate electrical panels for each unit upgraded from 60 amps to 100 amps in 2025; an upgraded upper-unit bathroom shower enclosure, faucet, sink and vanity in 2026; a lower-unit bathroom vanity and glass shower door installed in 2025; an upgraded upper-unit living room window in 2025; and a washer and dryer replaced in 2026. Additional improvements include an expanded driveway (2018), rear patio addition (2020), new eavestroughs (2021), tub reglazing (2021), and bathroom updates (2021). With numerous recent upgrades, efficient heating and cooling, two separate living spaces, and flexible occupancy options, this property is ideal for investors or buyers looking to live in one unit while generating rental income from the other. Schedule your showing today! (id:1945)
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Property details for 321 Salisbury Street, London East
- Type
- Multi-family
- Style
- Raised bungalow
- Bedrooms
- 5
- Bathrooms
- 2
- Lot Size
- 53.1 x 100.2 FT ; Irregular
- Stories
- 1
- Basement
- Finished, Full
- Parking
- No Garage
- Heating
- Baseboard heaters, Electric
- Cooling
- Wall unit
- Exterior
- Brick
- Annual Taxes
- $4,342
Nearby Listings Stat
Estimated price and comparable properties near 321 Salisbury Street
Active Listings
23
Min Price
$219,900
Max Price
$719,900
Avg Price
$516,409
Days on Market
34
days
Sold Listings
9
Min Sold Price
$199,900
Max Sold Price
$759,900
Avg Sold Price
$528,411
Days until Sold
50
days
Neighbourhood Census Data
London, Ontario
Population
511
Median Age
35.6
Median Income
$29,632
Dwelling Value
$179,660
Housing Tenure
Owners 56%
Renters 47%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 3,007.7/km²
Avg Shelter Cost: $982/mo
Owners with Mortgage: 79.2%
Owners Spending 30%+: 12.5%
Tenants Spending 30%+: 42.1%
English only: 96.1%
English and French: 3.9%
Median Household Income: $49,024
Median Employment Income: $29,920
Price History
Listed
October 3, 2026
by SHRINE REALTY BROKERAGE LTD.
Current Price
$535,000
Type
Multi-family
For Sale