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22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6
  • 22 Palace Street, London, Ontario N6B 3A6

22 Palace Street, London, Ontario N6B 3A6

$829,999

Listing ID: 40585743
  • 8Bedrooms
  • 2Bathrooms
  • 4Parking Space(s)
Property Type
Building Type
Storeys
2
Title
Freehold
Land Size

Description

Fully renovated licensed legal duplex located in desirable steps to restaurants, parks, trails and walking distance to downtown London. This purpose-built duplex is a Landlord’s 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. The main floor unit has been fully renovated and is leased on month to month basis and can be vacant as of July 1, 2024, allowing the new Buyer to set their own rents Current market rents for this unit is $3200 plus utilities. Downstairs is vacant and conservative rents per room at $800 + utilities is easily attainable with its proximity to downtown and UWO & Fanshawe College. (id:41195)

Details

Appliances Included
Zoning Description

Building

Bathrooms (Partial)
Bathrooms (Total)
2
Cooling
Wall unit
Exterior Finish
Brick, Vinyl siding
Foundation Type
Poured Concrete
Heating Fuel
Heating Type
Baseboard heaters
Style
Duplex
Water
Municipal water
Utility Sewer
Municipal sewage system
Flooring
Fireplace
Basement Development
Unfinished
Bedrooms Above Grade
Listed by COLDWELL BANKER POWER REALTY, BROKERAGE

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SUTTON PREFERRED

SUTTON PREFERRED

181 COMMISSIONERS ROAD WEST, London ON N6J1X9

Office: (519) 438-2222
Fax: (519) 438-1886

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May 09 2024 01:42:25

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  • Great news! Thank you Ty for selling our condo last week. We are going to put that money towrds helping Stephen buy something here in West Vancouver, though that $400,000 won’t go far here!

    Medical school was enduring for Stephen and thank you for being considerate of his time, you were very understanding and thank you for taking a stand on the price. That agent was a bit of a bully, wasn’t she?

    Keep in touch, my sister in law’s sister has applied to Western and if she gets accepted, she will buy a condo from you.

    Karen Chan

    Karen Chan

  • Very, very happy and pleased with my condo buying experience with Michael Theisen. He walked me through the whole process with experience and know how!!! I highly recommend having Michael as your real estate agent!!! I wouldn’t hesitate to recommend him

    William Griffiths

    William Griffiths

  • I hope this message finds you happy and healthy! Dave, Darius and I
    have been busy getting settled in! We have finally moved in!

    As i was unpacking, I discovered the package that was supposed to be sent (simply
    placed in a mailbox) to you quite some time ago. Dave forgot, so, I
    wanted to include my comments on the service we received via email,
    until you receive it in the mail.

    Thanks again for your hard work!! We love our new home and couldn’t have
    done it without you!

    Please see below…

    Our experience with Envelope Real-estate and Ty Lacroix, in particular,
    was nothing less than comfortable and stress-free (well, as stress-free
    as buying a home for the first time can get!). Ty, as an experienced
    agent, was very informative and most importantly, intuitive! He was
    able to give us as much information as we required, often answering our
    questions before we asked, and was thoughtful and conscious of our
    priorities.

    Ty took the time to get to know my family and made sure that the
    properties we viewed reflected our interests. The extra time that he
    took to get know us, attributed to the efficient way in which we were
    able to find a home together. Ty is not one to sugar coat anything! He
    is very forthcoming and had proved that he was on our side throughout
    the entire process by telling us exactly how it is. The key point is
    that Ty was willing and able to work with us. He was always patient,
    resourceful and honest.

    Ty had great referrals for a home inspector and a lawyer. His referrals
    were particularly helpful, and it was comforting to know that Ty had
    worked with these individuals time and time again. The research and
    preparation in buying a home can be really overwhelming, and having
    someone to guide us, saved us a tremendous amount of time, and left us
    with less to worry about.

    When it was time to close the deal, Ty was firm and productive. We were
    able to reach an agreement with the other party (in our favour) in a
    timely manner. His genuine interest in making us happy allowed us to be
    comfortable and trusting in his talent and experience.

    Envelope Real-estate, from our experience, is very client orientated.
    My family and I will not hesitate to say that we have had an amazing
    experience with Envelope Real-estate and Ty Lacroix! Ty’s hard work has
    resulted in my family and I finding the perfect home!!

    Thank you, Ty and Envelope Real-Estate!

    Mojdeh Rahbari

    Mojdeh Rahbari

  • Marianne, We want to thank you for all the fantastic work you’ve done for us. Thank you for going the extra mile to get our house sold during this difficult time with the interest rate hikes and all of the uncertainties in the market. We appreciate your assistance, patience and expertise.

    Thank you,

    Pete and Michelle

    Pete and Michelle

  • Hi Ty, We just wanted to take the opportunity to thank you for introducing us to Michael. What a wonderful man!
    From the very moment we met, he took the time to genuinely understand what we were looking for. So quickly he tuned into what we were interested in, even as we were learning ourselves.
    The process of finalizing our first investment property deal has been a bit of a roller coaster or perhaps somewhat of a scavenger hunt as we searched for the information we needed to accomplish the purchase. And that is truly how Michael seemed to approach it… not with frustration and impatience with people who were not helpful and creating roadblocks but as a treasure hunt that with persistence, optimism, and determination he would find the right puzzle piece would to open the lock…. and he did! He was able to get what we needed and we are on our way!
    What a kind and genuine man, we are lucky to have had the chance to work with him.
    Thank you again for making that connection for us,
    Kind Regards,
    Joanne Giradin

    Joanne Giradin

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22 Palace Street, London, Ontario N6B 3A6
$829,999
40585743
Subject Take a look at this property MLS Number# 40585743

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