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For saleMLS® X14176730

29 Springbank Drive

London, N6J 1E1

$669,900

Bedrooms
4
Bathrooms
3
Interior
1,500-2,000 ft²
Lot
50 × 175 ft
Type
Multi-unit

About this home

LEGAL/LICENSED triplex with permits in place for duplex ARU build in rear yard! Excellent opportunity for those looking to live in with a mortgage helper or for investors looking to expand their portfolio with significant upside! Inside you will find 2 out of 3 units vacant. 1x 2 bed/1 bath, previously rented for $2050/month, 1x bachelor unit which could rent for an estimated $1100/month and one excellent legacy tenant.

Most big ticket items have been completed in the time the owner has owned this property including, but not limited to: updated electrical, updated plumbing, attic and basement insulation, almost all windows, hot water tanks are owned, all units renovated, not to mention almost $20,000 spent for duplex plans and permits. This property is in an excellent A+ location, walking distance to Wortley Village, downtown AND park trails.

Bus to Western University is just around the corner. Large detached garage and 5 parking spots! Large 50x175 lot.

Property details

Property type
Triplex
Ownership
Freehold
Style
2-Storey
Property taxes
$4,405 (2025)
Heating
Forced Air, Gas
Basement
Full
Parking
6 spaces, detached garage
Sewer
Sewer
Lot
50 × 175 ft lot
Time on market
Listed today

Features

Inside

  • Carpet Free
  • Water Heater Owned

Outside

  • Brick
  • Asphalt Shingle roof

Rooms

Measurements are deemed reliable but not guaranteed.

FoyerMain7' 3" × 8' 6"
Living RoomMain18' 2" × 12' 2"
Dining RoomMain15' 10" × 9' 6"
KitchenMain11' 7" × 15' 5"
BathroomMain7' 11" × 5' 9"4 Pc Bath
Primary BedroomSecond14' 10" × 7' 4"
Bedroom 2Second11' 9" × 7' 9"
Utility RoomBasement15' × 15' 5"Combined w/Laundry
KitchenMain6' 4" × 10' 4"
RoomMain8' 11" × 10' 4"
BathroomMain6' 8" × 5' 1"3 Pc Bath
KitchenMain8' 6" × 12' 8"Eat-in Kitchen
SittingMain12' 6" × 9'
BedroomMain11' 11" × 7' 3"
Living RoomMain12' 6" × 13'
BathroomMain8' 2" × 6' 4"3 Pc Bath

Location

Thinking about the area? Read my guide to London.

Estimate your payment

20% down. The minimum on this price is $41,990.

Your monthly payment

$2,966

Mortgage amount
$535,920
Interest over the amortization
$353,932

An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers. I am also a licensed mortgage agent, so I can help with the mortgage too.

Listing brokerage: THE REALTY FIRM PRESTIGE BROKERAGE INC..

Listing courtesy of the London and St. Thomas Association of REALTORS. MLS® X14176730.

Measurements are deemed reliable but not guaranteed.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Allan Congo is a Sales Representative with Century 21 First Canadian Corp., Brokerage. Each office independently owned and operated.

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