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626 Lorne Ave, London, ON

Name: 626 Lorne Ave, For Sale in London - eXp Realty
Brand: EASY LIST REALTY LTD.
SKU: X13472384
Price: 529999 CAD

House

For Sale

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424

MLS® X13472384

Key Facts
Description
Rooms
Map

Key Facts

Type Duplex

Levels Residential Income

Size -

Garage Yes

Taxes $2,107

Days Active 0

Lot Size

Approx. Age

MLS® Number X13472384

Property Address: 626 Lorne Ave, London, ON, N5W3K5

Average square foot calculated using Size range provided by listing agent.

Description

Visit the REALTOR website for further information about this listing. Exceptional opportunity for homeowners, investors, and business owners alike. This charming Victorian legal duplex combines character, flexibility, and income potential in the heart of Old East Village. Featuring classic period architecture, generous room sizes, and the timeless appeal of a heritage-era home, this property offers a unique alternative to newer construction. The duplex offers a vacant 3-bedroom main-floor unit available for possession August 1st, plus an upper 1-bedroom apartment providing immediate rental income. Situated on a 40-foot lot, the property features parking for up to 4 vehicles and a large private fenced backyard, providing ample outdoor space. The main-floor unit offers three bedrooms, a spacious living area, kitchen, 4-piece bathroom, and private laundry. The upper apartment features 1 bedroom, living room, kitchen, 4-piece bathroom, and its own laundry facilities. Current upper-unit tenancy (4 months into a one-year lease) provides stable income while the vacant main-floor unit offers flexibility for owner occupancy or market-rent potential. Separate laundry for each unit adds convenience and tenant appeal. The property has benefited from professional insulation upgrades, including the attic, both crawl spaces, and spray-foam insulation in the basement rim joist cavities, improving energy efficiency and year-round comfort. Located in London's vibrant Old East Village, close to downtown, Western Fair District, schools, parks, public transit, shopping, restaurants, and everyday amenities. Low property taxes further enhance the property's investment appeal. A versatile property offering character, income today, and flexibility for the future. (id:58753)Show Description

MLS® NumberX13472384

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age

BasementUnfinished, Crawl space

DrivewayNo Garage

Garage Spaces

HeatForced air, Natural gas

A/CNone

Extras

Price History

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$XXX,XXXSold Price

Top Secret

00/00/0000List Date

$XXX,XXXList Price

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Home Appraisal

This property is estimated to sell between: $448,000 and $571,000.

Similar properties in this area sold on average for: $448,633

Expected to sell in 34 days. Similar properties sold in 34 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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