1053 Oxford Street E London East, Ontario N5Y 3L2
$859,000
?? Prime Income Property Exceptional Opportunity at 1053 Oxford Street East, London Discover a high-performing investment asset in one of Londons most strategic and dynamic locations. This spacious, fully tenanted duplex offers a rare blend of size, versatility, and strong rental income perfect for seasoned investors or those looking to kickstart a rewarding real estate portfolio.? Property Highlights:7 Bedrooms | 3 Full Bathrooms | 2 Kitchens Generous layout with multiple private entrances, including a separate basement suite Currently generates $4,300/month in rental income significantly covering mortgage costs with surplus cash flow Opportunity to increase parking beyond the existing 6 spaces Durable masonry construction enhances longevity and curb appeal??? Zoned for Success: Located in a high-traffic, mixed-use corridor, this property offers excellent long-term development potential, whether you continue as a multi-residential rental or explore future commercial or mixed-use applications (buyer to verify zoning). The area is surrounded by transit, retail, restaurants, and schools, making it an ideal location for tenants and businesses alike.?? Investors Edge: Reliable, long-term tenants already in place and willing to stay Solid rental upside with the potential to renovate or reposition units for higher yields Minimal vacancy risk due to prime location and large unit sizes This is more than just a property its a strategic income-generating investment with built-in cash flow and room to grow. Don't miss the chance to own in one of Londons most promising zones! (id:39382)
Property Details
| MLS® Number | X12210690 |
| Property Type | Multi-family |
| Community Name | East G |
| Amenities Near By | Public Transit |
| Community Features | School Bus |
| Equipment Type | None |
| Features | In-law Suite |
| Parking Space Total | 6 |
| Rental Equipment Type | None |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 4 |
| Bedrooms Total | 7 |
| Age | 51 To 99 Years |
| Amenities | Fireplace(s) |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| Architectural Style | Bungalow |
| Basement Features | Separate Entrance |
| Basement Type | N/a |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Fireplace Present | Yes |
| Flooring Type | Laminate |
| Foundation Type | Block, Unknown |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 1 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 131 Ft ,7 In |
| Size Frontage | 40 Ft ,10 In |
| Size Irregular | 40.9 X 131.6 Ft ; 40.93ft X131.62 Ft X42.10ft X129.07ft |
| Size Total Text | 40.9 X 131.6 Ft ; 40.93ft X131.62 Ft X42.10ft X129.07ft|under 1/2 Acre |
| Zoning Description | R2-2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom | 3.23 m | 2.9 m | 3.23 m x 2.9 m |
| Basement | Bedroom | 2.96 m | 2.9 m | 2.96 m x 2.9 m |
| Basement | Bathroom | Measurements not available | ||
| Basement | Bathroom | Measurements not available | ||
| Basement | Bedroom | 4.18 m | 2.04 m | 4.18 m x 2.04 m |
| Basement | Bedroom | 3.41 m | 3.35 m | 3.41 m x 3.35 m |
| Main Level | Living Room | 4.6 m | 4.41 m | 4.6 m x 4.41 m |
| Main Level | Kitchen | 4.27 m | 2.83 m | 4.27 m x 2.83 m |
| Main Level | Bedroom | 3.07 m | 2.78 m | 3.07 m x 2.78 m |
| Main Level | Living Room | 5.5 m | 2.83 m | 5.5 m x 2.83 m |
| Main Level | Kitchen | 7.11 m | 2.17 m | 7.11 m x 2.17 m |
| Main Level | Bathroom | Measurements not available | ||
| Upper Level | Primary Bedroom | 3.3 m | 3.2 m | 3.3 m x 3.2 m |
| Upper Level | Bedroom | 3.38 m | 2.99 m | 3.38 m x 2.99 m |
https://www.realtor.ca/real-estate/28446867/1053-oxford-street-e-london-east-east-g-east-g
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June 10 2025 07:51:24
London and St. Thomas Association of REALTORS®
Streetcity Realty Inc.