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434 Second Street in London East for sale

Asking price
$669,000
Estimate (Sep 09)
$653,998
MLS #:
X13758698
Type:
Duplex, 1 1/2 Storey
Approx. SQFT:
1500-2000
Basement:
Finished, Sep Entrance
4+4 4+4
54 x 88.01 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Exp N/A N/A N/A
An excellent investment opportunity with proven cash flow, this fully tenanted 8-bedroom duplex near Fanshawe College offers immediate rental income and an attractive cap rate of over 6% based on current rental revenue and estimated operating expenses. The property consists of two self-contained 4-bedroom, 2-bathroom units, each featuring a private entrance, in-suite laundry, its own furnace and central air conditioning, and separately metered hydro. Current annual gross rental income is approximately $53,000, with an estimated net operating income of approximately $44,000. Located just steps from Fanshawe College, the property sits in one of London's strongest student and workforce rental markets, supporting consistent tenant demand and long-term investment appeal. Additional features include individual HVAC systems for each unit, internet and cable wiring in every bedroom, and a 12 x 10 shed with a steel roll-up door for convenient additional storage. An incredible opportunity to purchase a fully leased, income-producing asset offering immediate cash flow in one of London's most established rental locations.

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  • Date Listed: Tuesday, September 08, 2026
  • Listing Brokerage: Team Glasser Real Estate Brokerage Inc. - Disclaimer: The information contained in this listing has not been verified by Team Glasser Real Estate Brokerage Inc. and should be verified by the buyer.
  • City: London East

    More 4 bedrooms homes for sale in London East

  • Neighbourhood: East H
  • Major Intersection: Dundas St & Second St
  • Full Address: 434 Second Street, London East, N5W 4T1, Canada, ON, Canada
  • Living Room:
  • Kitchen:
  • Living Room:
  • Kitchen:
  • Amenities:
  • Taxes: $3,336.00 (2025)
Living8 x 13 ft104 sq ft
Br11 x 10 ft110 sq ft
Br13 x 11 ft143 sq ft
Br10 x 10 ft100 sq ft
Br11 x 10 ft110 sq ft
Kitchen14 x 8 ft112 sq ft
Dining12 x 14 ft168 sq ft
Living10 x 19 ft190 sq ft
Br11 x 10 ft110 sq ft
Br11 x 9 ft99 sq ft
Primary12 x 10 ft120 sq ft
Laundry6 x 9 ft54 sq ft
Primary13 x 11 ft143 sq ft
Kitchen12 x 7 ft84 sq ft

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