Amazing Investment Opportunity Located in the heart of London! This turn-key, low-maintenance legal duplex in Old East Village will be an amazing addition to your portfolio. Close to downtown, Western Fair Farmer's Market and all amenities, including bus routes to both Fanshawe College and UWO. Perfect for anyone looking for a spacious, cash-flowing investment or a mortgage helper to ease their payments. This building features 2 spacious units and has an extensive list of recent updates: Three Hydro meters and updated Electrical Panels (2022), Roof (2014), Siding/eavestrough/soffits/fascia (2021), Updated plumbing (2021), Furnace (2019), Fence (2020-2021). In addition, there is a coin-operated shared laundry and plenty of parking. Separate entrances for both units and the full unfinished basement for storage/workshop. Both units are rented to high-quality A+ tenants for a $1650 & $1550 per month which comes to total income of $3200 monthly.
553 Quebec Street
East G, London East, Middlesex $465,000Make an offer
4 Beds
2 Baths
1100-1500 sqft
Parking for 4
West Facing
- MLS®#:
- X13171828
- Property Type:
- Duplex
- Property Style:
- 2-Storey
- Area:
- Middlesex
- Community:
- East G
- Taxes:
- $3,537 / 2025
- Added:
- May 22 2026
- Lot Frontage:
- 32
- Lot Depth:
- 100
- Status:
- Active
- Outside:
- Aluminum Siding,Brick
- Year Built:
- Basement:
- Full,Unfinished
- Brokerage:
- EXP REALTY
- Lot :
-
100
32
- Intersection:
- Elias
- Rooms:
- Bedrooms:
- 4
- Bathrooms:
- 2
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Central Air
- Heating Type:
- Forced Air
- Heating Fuel:
| Primary Bedroom | 13.3 x 10.3m |
|---|---|
| Bedroom 2 | 9 x 13.2m |
| Bedroom 3 | 8.11 x 13.2m |
| Dining Room | 18.5 x 10.11m |
| Kitchen | 12.1 x 9.1m |
| Bathroom | 5.1 x 9.1m |
| Bathroom | 6.6 x 7.1m |
| Laundry | 7.8 x 8.7m |
Listing Details
Insights
- Strong Rental Income Potential: The property generates a total monthly income of $3,200 from two rented units, making it an attractive option for investors seeking cash flow.
- Recent Upgrades and Low Maintenance: Significant updates have been made, including new electrical panels, plumbing, and a roof, reducing future maintenance costs and enhancing property value.
- Prime Location: Situated in the heart of London’s Old East Village, the property is close to downtown, markets, and educational institutions, making it appealing for both tenants and future resale.
Sale/Lease History of 553 Quebec Street
View all past sales, leases, and listings of the property at 553 Quebec Street.Neighborhood Overview
Complete neighborhood profile for 553 Quebec Street
East G home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in East G
Insights for 553 Quebec Street
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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
