$ 759.000

557 Ontario Street, London

23 Photos

4pc Bathroom - 557 Ontario Street, London, ON N5W3X9 Photo 2

Kitchen - 557 Ontario Street, London, ON N5W3X9 Photo 3

Primary Bedroom - 557 Ontario Street, London, ON N5W3X9 Photo 4

Recreation room - 557 Ontario Street, London, ON N5W3X9 Photo 5

4pc Bathroom - 557 Ontario Street, London, ON N5W3X9 Photo 6

Living room - 557 Ontario Street, London, ON N5W3X9 Photo 7

Bedrooms: 4
Bathrooms: 3
Living area: 1981 sqft

MLS®: 40569300
Type: Residential
Added: 14 days ago

Property Details

Explore this incredible investment opportunity to acquire a legal Triplex in the charming Old East Village! The main floor boasts a spacious 2-bedroom unit, while the upper level features a cozy 1-bedroom unit. Additionally, the property offers shared laundry facilities in the basement and the other 1 bedroom unit. Ample parking space. Noteworthy is the expansive insulated shop/double garage (25 x 30) with 9-foot doors and 10-foot ceilings. Conveniently situated near bus routes, Downtown, numerous dining establishments and bars, excellent schools, and major highways. Don't miss out on this prime investment opportunity! (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Cooling: Central air conditioning
Heating: Forced air, Natural gas
List AOR: Oakville-Milton
Stories: 2
Basement: Partially finished, Partial
Year Built: 1920
Appliances: Washer, Refrigerator, Stove, Dryer
Directions: Elias & Central Avenue
Living Area: 1981
Photos Count: 23
Water Source: Municipal water
Parking Total: 5
Bedrooms Total: 4
Structure Type: House
Common Interest: Freehold
Parking Features: Detached Garage
Subdivision Name: East G
Tax Annual Amount: 2644.71
Exterior Features: Brick, Brick Veneer
Zoning Description: R3-2
Architectural Style: 2 Level
Number Of Units Total: 1

Room Dimensions

Type	Level	Dimensions
Laundry room	Basement	12'10'' x 18'5''
4pc Bathroom	Basement
Kitchen	Basement	7'5'' x 12'5''
Primary Bedroom	Basement	12'3'' x 9'5''
Recreation room	Basement	10' x 17'6''
4pc Bathroom	Second level
Living room	Second level	13'2'' x 11'0''
Primary Bedroom	Second level	10'5'' x 13'4''
Kitchen	Second level	12'8'' x 9'8''
4pc Bathroom	Main level
Living room	Main level	13'1'' x 13'5''
Kitchen	Main level	12'7'' x 11'11''
Bedroom	Main level	10'1'' x 9'3''
Primary Bedroom	Main level	9'11'' x 13'3''

	This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association

Nearby Places

Name	Type	Address	Distance
Aeolian Hall	Establishment	795 Dundas St	0.7 km
Aeolian Hall (London, Ontario)	and Rectory St, just to the east of Adelaide St...		0.7 km
CFB London	Local Primary Reserve units were supported by Area...		0.7 km
Dragon Court Restaurant	Meal takeaway	931 Oxford St E	0.7 km
The Royal Canadian Regiment Museum	The Royal Canadian Regiment Museum is a military m...		0.8 km
The Royal Canadian Regiment Museum	Museum	701 Oxford St E	0.8 km
Banting House	in London, Ontario, Canada, it is the house where ...		0.9 km
Banting House National Historic Site	Museum	442 Adelaide St N	1.0 km
Flame of Hope (diabetes)	The Flame will only be extinguished when a cure fo...		1.0 km
Western Fair	Organizers had hoped to use the Crystal Palace Bar...		1.0 km
London Police Service	Established in 1855 and renamed from the name Lond...		1.1 km
Western Fair	Establishment	316 Rectory Street	1.1 km

Similar Houses Stat in London

We have found 6 Houses that closely match the specifications of the property located at 557 Ontario Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 749,900 and 899,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the N5W3X9 postal code area of London Ontario Canada.

557 Ontario Street mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 557 Ontario Street. The current price of the property is $759,000, 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 $607,200. This would result in a monthly mortgage payment of $3,549 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	35
Bachelor's degree	45
University / Above bachelor level	10
University / Below bachelor level	10
Certificate of Qualification	10
College	100
University degree at bachelor level or above	85

Neighbourhood Marital Status Stat

Married	140
Widowed	10
Divorced	35
Separated	15
Never married	160
Living common law	85
Married or living common law	225
Not married and not living common law	225

Neighbourhood Construction Date

1961 to 1980	30
1981 to 1990	10
1960 or before	200

Nearby Cities	Listings	Avg. price
St Thomas Real Estate	139	$853.156
Ingersoll Real Estate	52	$1.108.972
Strathroy Caradoc Real Estate	57	$868.797
Woodstock Real Estate	149	$781.807
Tillsonburg Real Estate	125	$961.877
Stratford Real Estate	100	$939.575
Delhi Real Estate	59	$892.697
Lambton Shores Real Estate	73	$848.550

Popular Cities	Listings	Avg. price
Kitchener Real Estate	729	$979.959
Waterloo Real Estate	425	$870.218
Guelph Real Estate	379	$932.473
Cambridge Real Estate	428	$1.026.885
Burlington Real Estate	794	$1.569.621
Oakville Real Estate	863	$1.954.029
Milton Real Estate	402	$1.777.406
Mississauga Real Estate	1394	$1.332.474