49 CHARLES Street , London

5 Bed / 2 Bath / $699,900 / MLS® Listing #:40285219


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ATTENTION INVESTORS! LOCATION, LOCATION, LOCATION!! BACKING ONTO GREENSPACE!!! Start building equity today with this 5 bedroom, 2 bathroom bungalow with detached garage located in the heart of Oxford Park. This meticulously maintained home has been renovated without losing any of its original character and charm. Gleaming Oak hardwood throughout the main floor living room complimented by dramatic windows and classic French doors. Open concept shaker style eat-in kitchen with ample cabinetry and ceramic tile throughout. Family room features cozy gas fireplace, vaulted ceiling and skylight. Partially finished lower level provides additional storage space. Oversized detached single garage car garage (could be rented for additional income) with parking for 5 cars in the driveway. Fully fenced rear yard backing on West Lions Park; offering splash pad, playground equipment, basketball court, baseball diamond, soccer field and a picnic area. Currently leased for $3,750/Month until April 30, 2023 to A+ tenants. Expenses are $12,478 annually providing for a 4.6% CAP RATE. Updates include vinyl replacement windows, high efficiency furnace, tankless water heater and roof. Located close to all amenities including shopping, great schools, playgrounds, public transit, London Health Sciences Centre and University of Western Ontario. Just a short walk to downtown hosting attractions such as Labatt Park, Victoria Park, Covent Garden Market and Budweiser Gardens. Time to stop thinking about owning income property and finally call yourself an investor. Investment opportunities this lucrative rarely become available! (id:10452)

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Property Details

Property Type House
Architectural Style Bungalow
Square Feet 1918.0000
Maintenance N/A
Days On Our Website 56
Basement Partially finished - Full (Partially finished)
Kitchens 1
Lot Dimensions under 1/2 acre
Pool N/A
Area London
Air Conditioning None
Heating - Forced air
Exterior Vinyl siding
Parking Spaces 6
Parking Type Detached Garage,Detached Garage
Sewers Municipal sewage system
Water Municipal water


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