This well-maintained purpose-built duplex is the ideal addition to any investor's portfolio.Generating $4,350 per month in rental income with tenants paying their own hydro, this property offers strong returns from day one. Both units are on new lease agreements at market rents, with professional property management already in place - making this a truly passive investment opportunity. Each unit features 3 bedrooms, a kitchen with backsplash, a generous living room, in-unit laundry, and a 4-piece bathroom. Major capital improvements have already been completed, including a metal/steel roof (2019), boiler/on-demand water heater (2020), soffits, fascia, and eavestroughs (2020), main floor bathtub with surround (2019), and kitchen cabinet updates(2019) - meaning you get to enjoy the benefits of upgrades without the install.Additional highlights include separate driveways with ample parking, separate hydro meters, a lower level storage area, and a private backyard space.Whether you're a seasoned investor looking to add a low-maintenance asset to your portfolio or a buyer looking to offset your cost of living, 329 Salisbury Street checks all the boxes. (id:53015)
| MLS® Number | X13008634 |
| Property Type | Multi-family |
| Community Name | East G |
| Equipment Type | Water Heater |
| Features | Irregular Lot Size, Lane |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater - Tankless, Dryer, Two Stoves, Two Washers, Two Refrigerators |
| Basement Development | Unfinished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (unfinished), N/a |
| Cooling Type | None |
| Exterior Finish | Brick, Concrete |
| Foundation Type | Block, Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 151 Ft ,6 In |
| Size Frontage | 45 Ft ,1 In |
| Size Irregular | 45.1 X 151.5 Ft |
| Size Total Text | 45.1 X 151.5 Ft |
| Zoning Description | R2-2 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 5.49 m | 3.66 m | 5.49 m x 3.66 m |
| Second Level | Kitchen | 3.2 m | 2.74 m | 3.2 m x 2.74 m |
| Second Level | Primary Bedroom | 3.81 m | 2.59 m | 3.81 m x 2.59 m |
| Second Level | Bedroom | 3.35 m | 2.74 m | 3.35 m x 2.74 m |
| Second Level | Bedroom | 2.74 m | 2.74 m | 2.74 m x 2.74 m |
| Main Level | Living Room | 5.49 m | 3.66 m | 5.49 m x 3.66 m |
| Main Level | Kitchen | 3.17 m | 2.74 m | 3.17 m x 2.74 m |
| Main Level | Primary Bedroom | 3.51 m | 3.05 m | 3.51 m x 3.05 m |
| Main Level | Bedroom | 3.51 m | 2.74 m | 3.51 m x 2.74 m |
| Main Level | Bedroom | 3.51 m | 2.74 m | 3.51 m x 2.74 m |
https://www.realtor.ca/real-estate/29616136/329-salisbury-street-london-east-east-g-east-g
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