A Great Investment Opportunity 100 Mamelon Street, London Located on a quiet, mature street, the first thing you'll notice is the extensive driveway with parking for 4 cars. This charming yellow brick property features a spacious main floor with a bedroom, a huge foyer, a welcoming living room, and 9-foot ceilings throughout. The main floor also offers a large eat-in kitchen with vinyl-clad windows and a 4-piece bathroom.Venturing downstairs, you'll find a finished basement complete with a third bedroom, ample storage space, and a convenient laundry room. The original white trim and baseboards add a touch of character to the home.In addition, this property includes a separate back unit with its own entrance. Inside, you'll find a walk-in kitchen with bright windows, a spacious bedroom with large windows, and a comfortable living room. The unit is complemented by a 4-piece bathroom that has been completely renovated, featuring newer floors and ceramic tiling.What sets this property apart is the fact that both units are currently owner-occupied, allowing you the flexibility to either rent them out as they are or add your own finishing touches to the front unit, which consists of 2 + 1 bedrooms. The possibilities for maximizing rental potential are endless.Whether you're an investor seeking a turnkey opportunity or someone looking to personalize and enhance the property's value, this side-by-side duplex offers incredible potential. The beauty of this investment lies in the buyer's ability to renovate both units and the freedom to determine your own rental rates.Currently priced as the best-value duplex in the area, and if not the absolute top choice, it is undoubtedly a close second. The property has one meter for utilities, with the tenants sharing the costs equally or as per the landlord's preference.Don't miss out on this rare chance to own a versatile property. Contact us today to schedule a viewing and seize this remarkable investment opportunity. (id:47421)
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Detailed Information
Bedrooms
3+1
Bathrooms
2
Lot
34.67 x 125 ft
Amenities Nearby
Public Transit
Community Features
School Bus
Features
Irregular lot size, Flat site, Paved yard
Listing Contract Date
2024-11-15
Location Description
Mamelon Street & Hamilton Road
# of Parking Spaces
4
Property Type
Single Family
Structures
Shed
Transaction Type
For sale
Views
View, City view
Zoning Description
R2-2
Building
Amenities
Separate Electricity Meters
Appliances
Refrigerator, Two stoves
Architectural Style
Bungalow
Basement Development
Finished
Basement Type
N/A (Finished)
Cooling Type
Central air conditioning
Exterior Finish
Brick, Vinyl siding
Fire Protection
Smoke Detectors
Foundation Type
Block
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Type
Duplex
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Recreational, Games room
Lower level
6.1 m x 4.88 m
Other
Lower level
2.36 m x 2.06 m
Bedroom
Lower level
4.52 m x 3.1 m
Kitchen
Main level
3.61 m x 3.48 m
Living room
Main level
3.56 m x 3.53 m
Primary Bedroom
Main level
4.32 m x 3.02 m
Bedroom
Main level
2.64 m x 2.49 m
Kitchen
Main level
3.53 m x 3.48 m
Living room
Main level
3.53 m x 2.69 m
Primary Bedroom
Main level
3.05 m x 2.54 m
Utilities
Type
Description
Cable
Available
Sewer
Available
Land
Total Size
34.7 x 125 FT ; 135.34FT X 34.75 FT X123.32FT X 16.71 | under 1/2 acre
Amenities
Public Transit
Fence Type
Fenced yard
Landscape Features
Landscaped
Sewer
Sanitary sewer
Size of Irregular Land
34.7 x 125 FT ; 135.34FT X 34.75 FT X123.32FT X 16.71
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