For saleMLS® X13614444
631 Elias Street
London, N5W 3N5
$464,000
- Bedrooms
- 3
- Bathrooms
- 2
- Interior
- 1,500-2,000 ft²
- Lot
- 27.5 × 150 ft
- Type
- Multi-unit
About this home
Turnkey Investment Opportunity in Old East Village! This charming yellow brick duplex at 631 Elias Street is fully leased and cash-flowing from day one, offering a rare chance to add a hassle-free, income-producing property to your portfolio. The upper unit is a bright, spacious 2-bedroom with a unique layout: one bedroom on the main floor and a second bedroom upstairs. Both units are separately metered for hydro and gas, with tenants covering their own utilities. Recent updates take the guesswork out of ownership. With two stable tenancies in place, separately metered utilities, private laundry in each unit, and a strong list of recent updates, 631 Elias Street is ready for an investor to step in and start collecting rent immediately.
No vacancy, no renovation, no delay. Ideally located close to downtown, public transit, schools, parks, and the shops, cafés, breweries, and restaurants that make Old East Village one of London's most exciting and evolving neighbourhoods.
Property details
- Property type
- Duplex
- Ownership
- Freehold
- Style
- 1 1/2 Storey
- Age
- 100+ years
- Property taxes
- $3,820 (2026)
- Heating
- Baseboard, Electric
- Cooling
- Window Unit(s)
- Basement
- Unfinished
- Fireplace
- Fireplace Insert, Natural Gas
- Parking
- 5 spaces
- Sewer
- Sewer
- Lot
- 27.5 × 150 ft lot
- Time on market
- 97 days on market
Features
Inside
- In-Law Suite
- In-Law Capability
- Primary Bedroom - Main Floor
- Separate Heating Controls
- Separate Hydro Meter
- Storage
- Water Heater
Outside
- Deck
- Porch
- Brick
- Asphalt Shingle roof
Rooms
Measurements are deemed reliable but not guaranteed.
| Room | Level | Size | Details |
|---|---|---|---|
| Primary Bedroom | Main | 19' × 9' 11" | |
| Dining Room | Main | 12' 8" × 8' 7" | |
| Kitchen | Main | 10' 10" × 11' 10" | |
| Living Room | Main | 11' 3" × 12' 5" | |
| Bedroom | Main | 9' 7" × 13' | |
| Primary Bedroom | Second | 9' 2" × 13' 11" | |
| Living Room | Second | 10' 8" × 9' 6" | |
| Dining Room | Second | 10' 11" × 7' 9" | |
| Kitchen | Second | 8' 10" × 9' 6" |
Location
Thinking about the area? Read my guide to Old East Village.
Estimate your payment
20% down. The minimum on this price is $23,200.
Your monthly payment
$2,054
- Mortgage amount
- $371,200
- Interest over the amortization
- $245,147
An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.
More homes in Old East Village.
$479,900
995 Lorne Avenue
London · Detached
- 3 bedrooms
- 2 bathrooms
- 1,100-1,500 ft²
Listed by REAL BROKER ONTARIO LTD
$469,900
355 Oakland Avenue
London · Detached
- 3 bedrooms
- 2 bathrooms
- 700-1,100 ft²
Listed by RE/MAX CENTRE CITY REALTY INC.
$449,900
360 Hale Street
London · Detached
- 3 bedrooms
- 3 bathrooms
- 700-1,100 ft²
Listed by RE/MAX CENTRE CITY REALTY INC.
$749,000
363 Ashland Avenue
London · Multi-unit
- 9 bedrooms
- 4 bathrooms
- 1,500-2,000 ft²
Listed by CENTURY 21 FIRST CANADIAN CORP
$379,900
1030 York Street
London · Detached
- 3 bedrooms
- 1 bathrooms
- 1,100-1,500 ft²
Listed by ROYAL LEPAGE TRILAND REALTY
$364,990
328 Oakland Avenue
London · Detached
- 2 bedrooms
- 2 bathrooms
- 700-1,100 ft²
Listed by CENTURY 21 FIRST CANADIAN CORP