Property Description for 407 CASTLEGROVE PLACE
Recently Renovated Duplex in Prime North London Location! Licensed, 4-level back-split detached home is a rare turnkey opportunity for investors or parents of Western University students. Offering excellent rental income, the property features two spacious, self-contained units each with two levels of living space and private outdoor areas. Unit A, renovated in 2021, offers a bright, open-concept main floor with living, dining, and kitchen areas, plus 3 generously sized bedrooms, 2 full bathrooms, and in-suite laundry on the upper level. Unit B is newly renovated and features two-level living with a modern open-concept layout, 2 large bedrooms, a full bathroom, and private laundry. In both units, bedrooms are located on a separate floor from the main living area, providing better privacy and sound insulation ideal for comfortable shared living. Each unit enjoys a private fenced yard with a storage shed and backs onto a peaceful park, offering beautiful views and added tranquility. The home sits on a large pie-shaped lot with parking for four vehicles. Rare utility separation includes two hydro meters, two furnaces, two A/C units, and two owned hot water heaters a major bonus for long-term investors. Currently tenanted for $4,400/month, with tenants paying all utilities and handling lawn and snow maintenance. Unbeatable location near Western University, Masonville Mall, Costco, T&T Supermarket, and excellent transit and amenities. A truly unique, income-generating gem in one of London's most desirable neighbourhoods. (id:38686)
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Property Details
Property Tax
: $5,459 (2024)MLS® #
: X12329508
Home Features
Property Type
: Single Family
Interior Features
Heating
: Forced air, Natural gasBasement
: Finished, Full, Walk out
Utilities
Sewer
: Sanitary sewer
Other
Parking Features
: No GarageExterior Features
: Brick, Vinyl siding
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