153 Hale St

East O, London East, Ontario N5W 1E5

For Sale · MLS® X13731914 · TRREB MLS®
6
Beds
4
Baths
2500-3000
Sqft
2
Parking
Duplex
Type

Description

$4,804/month in current rent, two substantially updated units, a City of London rental licence, separate hydro, and a 40 x 415 ft lot. 153 Hale Street delivers income from day one, with a property profile that gives investors plenty to consider for the future. Zoned R1-6, this tenanted duplex features two self-contained units, each with in-unit laundry and access to its own half of the detached garage. The front unit offers two bedrooms upstairs plus a third main-floor bedroom, along with a partially finished basement offering plenty of additional space. The rear unit has two upper-level bedrooms, a main-floor den or office, and generous basement space. Both units have been extensively updated, including newer kitchens and bathrooms. For buyers looking to maximize the property over time, the additional basement spaces are well worth considering for expanded living or other uses. Then there's the lot. At 40 x 415 ft, its exceptional depth adds another dimension to the investment. Even more interesting, the neighbouring property, which has a similarly deep lot, is currently also available for sale. For investors or developers taking a longer-term view, the combination presents an interesting opportunity to explore future redevelopment potential. Both units are currently tenanted with total current rent of $4,804 per month as of September 1. Collect the income today while you investigate what this property could offer tomorrow.

01 / Property recordListing details

Key Facts

MLS® #
X13731914
Board
TRREB MLS®
Days on market
Tax
$5,700
Size
2500-3000 sqft
Lot
40 × 412.5 Feet
Parking
2 Detached, 7 Parking

Listing History

Listing activity for 153 Hale St, London East, Ontario

Date StartDate EndList PricePriceEventListing ID
N/AN/A$649,900N/AFor SaleX13731914

Property Details

Property

Property Type
Duplex
Style
1 1/2 Storey
Community
East O
Municipality
London East

Inside

Bedrooms
6
Bathrooms
4
Bathroom Detail
2, 3pc, Main
Bathroom Detail
2, 3pc, 2nd
Basement Type
Full
Kitchens
2

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Building

Size
2500-3000 sqft
Construction
Alum Siding

Parking

Driveway
Private
Garage Type
Detached
Garage
2
Add. Parking
5
Total Parking
7

Land

Sewer
Sewers
Lot Size
40 × 412.5 Feet
Lot Size Code
Feet

Additional

Year built
51-99
Foundation
Concrete
Roof
Asphalt Shingle
Fireplace
N
Pool
None
Den
N
Family room
N
Extras
2 fridges, 2 stoves, 2 dishwasher, 2 washers, 2 dryers

Rooms (12)

Room 1

Level not provided

Room 2

Level not provided

Room 3

Level not provided

Room 4

Level not provided

Room 5

Level not provided

Room 6

Level not provided

Room 7

Level not provided

Room 8

Level not provided

Room 9

Level not provided

Room 10

Level not provided

Room 11

Level not provided

Room 12

Level not provided

Location

02 / Plan your numbersTools

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$2,980

  • Down payment$129,980
  • Mortgage amount$519,920
  • Total interest$374,080
  • Total cost$1,023,980

Cash flow analysis

$2,980

Total monthly payment

$3,455

Break-even down payment

100%

Cash flow-$3,455
03 / Community profileNeighbourhood demographics

Expand Neighbourhood demographics to load Statistics Canada census charts.

$649,900

$649,900

CAD

Estimate unavailable

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