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$489,000

4+1 Beds

4 Baths

2000 - 2500 FEETSQ

QuickQuoteTM: Not Available

London East ON, N5X 3J4

MLS® # X12607356

Property Information:

Exceptional Investment & Lifestyle Opportunity 650 Oxford Street East, London, ON. Welcome to 650 Oxford Street East, a rare chance to own a prime property in the heart of London, Ontario. This versatile residence offers both exceptional living and income-generating potential, making it ideal for investors, families seeking to offset mortgage costs, or those in need of multi-generational living options. With the potential to generate over $50,000 annually in short-term rental income from the front unit, this property presents a compelling opportunity to maximize returns in a high-demand location. Situated just minutes from downtown London, Western University, and Fanshawe College, the home also enjoys proximity to everyday conveniences such as grocery stores, fitness centers, Shoppers Drug Mart, medical and dental clinics, cafes, parks, and more. The spacious 5-bedroom layout offers flexibility for families or tenants alike, while the front unit provides privacy and the option to continue as a successful short-term rental or convert into a long-term income suite. Whether you're an investor, landlord, or homebuyer looking to live and earn, this property offers unmatched potential in one of London's most sought-after neighborhoods. Easy to show, even easier to seethe value. Don't miss this outstanding opportunity to invest in a truly strategic location. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Bungalow
  • Basement Development: Partially finished
  • Basement Type: Partial
  • Construction Style - Attachment: Detached
  • Exterior Finish: Aluminum siding, Vinyl siding
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Unknown
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 4+1
  • Bathrooms: 4
  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Community Features: Community Centre
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 187.0 Feet
  • Lot Frontage: 38.0 Feet
  • Lot Size: 38 x 187 FT
  • Zoning: R3-1
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 5

Rooms:

  • Bathroom Main Level Measurements not available
  • Bathroom Main Level Measurements not available
  • Living Main Level 5.28 m x 3.66 m
  • Kitchen Main Level 4.27 m x 2.29 m
  • Dining Main Level 4.14 m x 3.53 m
  • Primary Bedroom Main Level 4.27 m x 4.27 m
  • Bedroom Main Level 3.33 m x 2.82 m
  • Bedroom Main Level 3.48 m x 2.51 m
  • Bedroom Main Level 2.79 m x 3.02 m
  • Bedroom Main Level 2.84 m x 2.69 m
  • Bathroom Main Level Measurements not available

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Courtesy of: EXECUTIVE HOMES REALTY INC.

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Location of 650 OXFORD STREET E, London East, Ontario, N5X 3J4

Demographic Information of 650 OXFORD STREET E, London East, Ontario, N5X 3J4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$113,102.59

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.78 %

High school certificate or equivalent

28.48 %

Apprenticeship trade certificate/diploma

4.81 %

College/non-university certificate

22.13 %

University certificate (below bachelor)

2.36 %

University Degree

30.44 %

Commuter

Travel To Work

By Car

67.48 %

By Public Transit

15.14 %

By Walking

11.36 %

By Bicycle

1.24 %

By Other Methods

4.78 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.91 %

Houses

74.09 %

Own Vs. Rent