464-466 Third Street, London East (East H), Ontario N5V2B9

Listing courtesy of BLUE FOREST REALTY INC..

$460,000
5
BD
2
BA

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List Price
$460,000
MLS®
X13079030
Days on Market
85
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
5
Bathrooms
2
Lot Size Dimensions
99.9 FT
Subdivision
East H

Property Description

Attention Investors, first-time home buyers and flippers - this is the kind of opportunity that doesn't come around often. Sitting on nearly half an acre in East London and zoned R5-3, this property is loaded with redevelopment potential. Whether you're looking to intensify, build, or hold for future growth, the zoning and oversized lot offer a wide range of possibilities. In the meantime, you're getting two homes for the price of one. The main residence features 3 bedrooms and a spacious family room with vaulted ceilings and 4-pc bath. Heated with a gas furnace. The second home offers electric baseboard heating 2 bedrooms, 3pc bath, a living room, dining area, and kitchen - perfect for rental income, multi-generational living, or added flexibility. This property also presents a great flip opportunity or an ideal option for a handy first-time buyer looking to break into the market and build equity. Located close to Fanshawe College, the Gibraltar Trade Centre, public transit, and major amenities. Plenty of on-site parking. (id:5764)

Additional Information

Garage
Yes
Subdivision
East H
Parking Spaces
7
Cooling
None
Country
Canada
Heating
Baseboard heaters, Forced air, Electric, Natural gas
Architectural Style
Bungalow
Stories
1

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Calculator source: Real Geeks