Legal Secondary Dwelling Unit with Lookout Basement - Prime Investment Opportunity Discover 1515 Dylan St, London-a detached residence offering exceptional dual-living potential. Occupy the upper level while generating income from the lower unit, or maximize rental returns by leasing both levels to offset mortgage obligations or achieve full rental income. This well-appointed home features a generous main floor layout encompassing living, dining, and kitchen spaces. The upper level comprises four bedrooms, including a luxurious master suite with ensuite bathroom, plus a shared washroom and laundry facilities. The main floor showcases an open-concept design enhanced by hardwood flooring, premium quartz kitchen countertops, high-end stainless steel appliances, a center island, and a powder room. The lookout basement offers a 9-foot ceiling height and independent entrance, complete with dedicated laundry facilities, a spacious master bedroom with closet storage, and a full kitchen. The property includes a stone double-wide driveway accommodating two vehicles, supplemented by a two-car garage. Current Occupancy: The upper level and basement are presently tenant-occupied and require a minimum 24-hour notice for viewings. Upper level tenants will vacate by the end of November 2026, while basement tenants maintain a month-to-month lease arrangement.** Tenant in the process of packing for moving out** - professional move out cleaning will be done before move in** Strategic Location: Situated just 10 minutes from Western University and 5 minutes from Fanshawe College, the property provides convenient access to Food Basics, Shoppers Drug Mart, diverse dining options, Walmart, hospital facilities, Veterans Memorial Parkway, Fanshawe Conservation Area, and numerous elementary, secondary, public, and Catholic educational institutions. (id:53015)
| MLS® Number | X13868962 |
| Property Type | Single Family |
| Community Name | East D |
| Amenities Near By | Golf Nearby, Hospital, Park, Place Of Worship |
| Equipment Type | Water Heater - Electric, Water Heater |
| Features | Sloping, Conservation/green Belt, Dry, Sump Pump |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater - Electric, Water Heater |
| View Type | City View |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 5 |
| Age | 0 To 5 Years |
| Appliances | Water Heater, Water Meter, Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Features | Apartment In Basement, Separate Entrance |
| Basement Type | N/a, Full, N/a |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Concrete, Shingles |
| Fire Protection | Smoke Detectors |
| Foundation Type | Poured Concrete |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| Attached Garage | |
| Garage |
| Acreage | No |
| Land Amenities | Golf Nearby, Hospital, Park, Place Of Worship |
| Sewer | Sanitary Sewer |
| Size Depth | 106 Ft ,9 In |
| Size Frontage | 40 Ft ,1 In |
| Size Irregular | 40.1 X 106.8 Ft ; 106.79 Ft X 40.13ft X 106.80ft X 40.13ft |
| Size Total Text | 40.1 X 106.8 Ft ; 106.79 Ft X 40.13ft X 106.80ft X 40.13ft|under 1/2 Acre |
| Zoning Description | R1-4 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Primary Bedroom | 3.58 m | 4.14 m | 3.58 m x 4.14 m |
| Second Level | Bedroom | 3.61 m | 3.1 m | 3.61 m x 3.1 m |
| Second Level | Bedroom 2 | 3.4 m | 3.2 m | 3.4 m x 3.2 m |
| Second Level | Bedroom 3 | 3.68 m | 2.69 m | 3.68 m x 2.69 m |
| Second Level | Laundry Room | 1.91 m | 1.85 m | 1.91 m x 1.85 m |
| Basement | Laundry Room | 1.47 m | 1.26 m | 1.47 m x 1.26 m |
| Basement | Living Room | 3.38 m | 2.56 m | 3.38 m x 2.56 m |
| Basement | Bedroom | 2.8 m | 2.66 m | 2.8 m x 2.66 m |
| Basement | Kitchen | 2.67 m | 1.83 m | 2.67 m x 1.83 m |
| Ground Level | Living Room | 5.94 m | 3.33 m | 5.94 m x 3.33 m |
| Ground Level | Kitchen | 3.24 m | 2.64 m | 3.24 m x 2.64 m |
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/30372080/1515-dylan-street-london-east-east-d-east-d
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