Great property to add to your investment portfolio. New tenant on month to month rental basis. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is tenanted with rent of $2500 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. The input of our tax dollars has improved the area and curb appeal. The cap rate makes this a money maker for any investor. Separate entrance makes this one that could be duplexed.
764 King Street
East L, London East, Middlesex $448,000Make an offer
3 Beds
2 Baths
1100-1500 sqft
Parking for 3
North Facing
- MLS®#:
- X12858468
- Property Type:
- Detached
- Property Style:
- 1 1/2 Storey
- Area:
- Middlesex
- Community:
- East L
- Taxes:
- $2,297 / 2025
- Added:
- March 07 2026
- Lot Frontage:
- 33.17
- Lot Depth:
- 164
- Status:
- Active
- Outside:
- Brick
- Year Built:
- Basement:
- Partially Finished
- Brokerage:
- SUTTON GROUP - SELECT REALTY
- Lot :
-
164
33
BIG LOT
- Intersection:
- Hewitt
- Rooms:
- Bedrooms:
- 3
- Bathrooms:
- 2
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Central Air
- Heating Type:
- Forced Air
- Heating Fuel:
Listing Details
Insights
- Strong Rental Income: The property is currently tenanted with a rental income of $2,500 per month plus utilities, providing a solid cash flow for investors.
- High Cap Rate Potential: The recent improvements in the area, including infrastructure upgrades, enhance the property's value and potential for appreciation, making it a lucrative investment opportunity.
- Versatile Living Options: With a separate entrance and the possibility to duplex the property, it offers flexibility for future rental strategies or multi-generational living arrangements.
Sale/Lease History of 764 King Street
View all past sales, leases, and listings of the property at 764 King Street.Neighborhood Overview
Complete neighborhood profile for 764 King Street
East L home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in East L
Insights for 764 King Street
View the highest and lowest priced active homes, recent sales on the same street and postal code as 764 King Street, and upcoming open houses this weekend.
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
