31
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$599,900
Est. payment /mo
4 Beds
2 Baths
New
219 Emerson AVE London South, ON N5Z 3L5
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision South H
MLS Listing ID X12665306
Style Bungalow-Raised
Bedrooms 4
Annual Tax Amount $4,459
Tax Year 2025
Property Sub-Type Duplex
Property Description
Welcome to 219 Emerson Avenue - a purpose-built duplex that not only delivers convenience andversatility, but also stands out as a strong cash-flowing investment. With projected rents of $1,995 +utilities for the upper unit and $1,945 + utilities for the lower unit, this property is forecasted to generatejust over $47,000 in annual rental income, operating at an impressive 5.7% cap rate. Each of the twospacious 2-bedroom units features in-suite laundry, separate gas and hydro meters, and ample on-siteparking - high-demand features that support premium market rents. Sitting on a deep lot in one ofLondon's most convenient pockets, the home is minutes from Victoria Hospital and surrounded byrestaurants, shopping, and essential amenities, offering the perfect blend of comfort and accessibility.Delivered with full vacant possession, this duplex gives investors the rare advantage of selecting their owntenants at true market rates. Depending on how quickly you act, you may still have the opportunity to stepin and place your own tenant - or even take over one of the units for an ideal house-hack setup whileenjoying a move-in-ready home. Whether you're building your portfolio or looking for a smart way to reduce living costs, 219 Emerson Avenue is a versatile, income-generating opportunity you won't want to miss.
Location
Province ON
County Middlesex
Community South H
Area Middlesex
Zoning R2-3
Rooms
Family Room Yes
Basement Full, Finished
Kitchen 2
Interior
Interior Features In-Law Suite, None, Separate Heating Controls, Separate Hydro Meter
Cooling Wall Unit(s)
Fireplaces Number 2
Fireplaces Type Natural Gas
Inclusions Refrigerators x2 / Stove x2 / Washer x2 / Dryer x2
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 38.0
Lot Depth 273.7
Total Parking Spaces 4
Building
Foundation Poured Concrete
Others
Senior Community No
ParcelsYN No
Listed by PRIME REAL ESTATE BROKERAGE
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