Property Details

593 & 595 TALBOT Street, London, Ontario, N6A2T2

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For sale, ID#: 40091920
593 & 595 TALBOT Street
London Ontario
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10 Beds
5 Bath (4 full, 1 half)
$1,299,900

HUGE INVESTMENT OPPORTUNITY! 2 sides of a semi, 593 and 595 Talbot Street, being sold together. Prime downtown location. When we say turnkey, we mean it: 2021 ESAs, 2021 Fire Inspections, licensed with the City of London, completely rented until April 30th 2022. Between both semis, there are 10 bedrooms, 5 bathrooms, 2 kitchens, parking for 6. New, fixed term leases beginning May 1st 2021: 593 Talbot is rented May 1st 2021 to April 30th 2022 for $650 x 5 bedroom ($3,250/unit) plus utilities. 595 Talbot $600 x 5 bedroom ($3,000/unit) plus utilities (returning group for 3rd year there: rented under current market value.) That is a yearly income of $75,000. Landlord pays property tax and insurance ONLY. No vacancies in the past 6 years. Water tanks are owned. Well-kept property with many updates over the years: steel roof (2016), 2 rear exterior doors (2016), fence along rear of parking lot (2018), brick repointing (2019), rear eavestroughs (2021), custom front railings (2021). #593 interior updates: kitchen (2016), laundry room (2016), new main level flooring (2018), upstairs bathroom (2019), 2 windows (2020), several light fixtures (2021). #595 interior updates: Main floor bath (2018), Laundry room (2018), newer dishwasher, washer, and dryer. Zoned OC4 R3-1 : Office Conversion Zone & Residential R3. This is a great investment to add to any portfolio! (id:2471)

Representative for 593 & 595 TALBOT Street, London, Ontario, N6A2T2
Team De Block
519-854-5190
http://www.teamdeblock.com
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Property Details
  • Property Address: 593 & 595 TALBOT Street, London, Ontario, N6A2T2
  • Property Type: Single Family
  • Zoning Description: OC4 R3-4
  • Title: Freehold
  • Acreage: under 1/2 acre
  • Sewage Type: Municipal sewage system
  • Water Type: Municipal water
  • Access: Road access, Rail access
  • Total Parking Spaces: 6
  • Amenities Nearby: Hospital, Park, Public Transit, Shopping
Structure Details
  • Structure Style: House
  • Style: Detached
  • Storeys: 2
  • Floor Space: 4532.7700
  • Building Age: 1880
  • Bedrooms: 10
  • Bathrooms: 5-Total 1-Partial
  • Basement Type: Partial (Unfinished)
  • Exterior Type: Brick
  • Foundation Type: Brick
  • Structures: Porch
Amenities / Features
  • Park setting
  • Park/reserve
  • Paved driveway
  • Sump Pump
Room Details
Type Level Dimensions
3pc Bathroom Second level 8'10'' x 7'90''
Dining room Second level 15'10'' x 13'0''
Kitchen Second level 14'50'' x 9'10''
Bedroom Second level 13'30'' x 10'90''
Bedroom Second level 39'8'' x 39'8''
5pc Bathroom Second level 9'70'' x 7'50''
Den Second level 9'70'' x 9'70''
Bedroom Second level 13'40'' x 10'60''
Bedroom Second level 13'60'' x 12'90''
Bedroom Second level 20'80'' x 12'11''
4pc Bathroom Main level 8'70'' x 5'20''
Laundry room Main level 10'20'' x 9'80''
Family room Main level 13'80'' x 11'0''
Bedroom Main level 11'30'' x 9'90''
Bedroom Main level 13'20'' x 9'90''
Bedroom Main level 14'70'' x 13'20''
Bedroom Main level 13'10'' x 12'60''
Bedroom Main level 14'40'' x 13'10''
2pc Bathroom Main level 5'0'' x 4'50''
3pc Bathroom Main level 9'20'' x 2'90''
Laundry room Main level 13'50'' x 9'10''
Living room Main level 13'80'' x 13'70''
Kitchen Main level 16'60'' x 13'50''
Neighbourhood Information

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593 & 595 TALBOT Street, London, Ontario, N6A2T2

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