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Last Updated : 519 Days ago
22 Palace Street, London, ON,

22 Palace Street, London MLS Number: 40585757

London, Middlesex, ON, N6B 3A6

$829,999

Status:

  • 8+ Beds
  • 2 Baths
  • Area : 2634 sqft
  • Property Type: Residential (Single Family Residence)
  • Property Taxes : $4500.39 (Tax Year:2023)
  • Listing Courtesy : Coldwell Banker Power Realty, Brokerage

22 Palace Street Property Description

Fully renovated licensed legal duplex located in desirable Woodfield steps to restaurants, parks, trails and walking distance to downtown London. multiple options available with both units currently vacant. This purpose-built duplex is a Landlords dream & is perfect for investors looking for a turnkey property with strong cash flow with a projected cap rate of over 8%. Separate heat, separate hydro and separate water meters! Each unit has their own laundry. Both units have 4 good sized bedrooms and a 4 piece bathroom, a large family room with gas fireplace and separate dining space as well as an eat in kitchen. 4\6 parking spaces located on site. Both units are FULLY VACANT allowing the new Buyer to set their own rents Current market rents for EACH unit is $3200 plus utilities is easily attainable with its proximity to downtown and UWO & Fanshawe College.

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22 Palace Street Property Facts

Property Type :Residential
MLS Number :40585757
Listing Type :Sale
Property Age :31-50 Years
Possession Date :
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Last Updated :04 Jul, 2024 (519 Days ago)
Source :LSTAR
Area :Middlesex
City :London
Area Major :East
Area Minor :East F
Postal Code : N6B 3A6
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Directions :North on Adelaide towards Princess Ave, West of Adelaide St, South of Central Ave

22 Palace Street Property Price & Tax Insights

Price : $829,999
Property Taxes :$4500.39
Tax Year :2023

22 Palace Street, London Property Details

Bedrooms :8 +
No. of Rooms :14
Air Conditioning :Wall Unit(s)
Heating :Baseboard
Bathrooms :2
Approx Square Footage :2634 sqft
Virtual Tour
Dimensions 10
Bedroom :3.76 m x 3.78 m
Living Room/Dining Room :6.05 m x 6.81 m
Bedroom :4.44 m x 2.95 m
Bedroom :3.84 m x 3.84 m
Bedroom :4.47 m x 3.02 m
Kitchen :4.06 m x 3.30 m
Bedroom :3.12 m x 3.17 m
Bedroom :3.35 m x 2.95 m
Bathroom :3.91 m x 1.55 m
Bathroom :4.06 m x 1.52 m

22 Palace Street, London - Price History

2024-05

09 May, 2024

TREB #40585757

Listed

$829999

22 Palace Street - Location Map and Landmarks

  • London Health Sciences Centre – Children's, Middlesex 3.7 km
  • London Health Sciences Centre – Victoria's, Middlesex 3.7 km
  • London Health Sciences Centre – University, Middlesex 3.73 km
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