Whether you are a healthcare professional looking to walk to work, an investor seeking a high-value land play, or a family looking for a solid, affordable house, this property is a rare find. The location is unbeatable, situated literally a five-minute walk from Victoria Hospital-allowing you to trade parking fees and traffic jams for a short walk to work. The true value, however, is the land itself. This bungalow sits on the largest lot on the entire street, offering a massive, private backyard. Priced close to land value, you are essentially securing a prime lot with a solid house included nearly for free. Equipped with 3 bedrooms on the main floor and 2 in the basement this could be the perfect solution for a growing family who would like to stop throwing away money on rent. Strategically priced so that a buyer could get a free down payment from the City of London! (if approved)The home's position on the lot makes it a perfect candidate for an addition or a secondary suite. This is a prime setup for a `house hack` or an Airbnb unit; properties this close to the hospital typically see high demand and could significantly offset your mortgage payments. Families will also benefit from being just 800 meters from Princess Elizabeth Public School. The existing bungalow is a sturdy foundation ready for your updates and vision. Don't miss this chance to build instant equity on a massive lot in a high-demand location. (id:58067)
Whether you are a healthcare professional looking to walk to work, an investor seeking a high-value land play, or a family looking for a solid, affordable house, this property is a rare find. The location is unbeatable, situated literally a five-minute walk from Victoria Hospital-allowing you to trade parking fees and traffic jams for a short walk ...
to work. The true value, however, is the land itself. This bungalow sits on the largest lot on the entire street, offering a massive, private backyard. Priced close to land value, you are essentially securing a prime lot with a solid house included nearly for free. Equipped with 3 bedrooms on the main floor and 2 in the basement this could be the perfect solution for a growing family who would like to stop throwing away money on rent. Strategically priced so that a buyer could get a free down payment from the City of London! (if approved)The home's position on the lot makes it a perfect candidate for an addition or a secondary suite. This is a prime setup for a `house hack` or an Airbnb unit; properties this close to the hospital typically see high demand and could significantly offset your mortgage payments. Families will also benefit from being just 800 meters from Princess Elizabeth Public School. The existing bungalow is a sturdy foundation ready for your updates and vision. Don't miss this chance to build instant equity on a massive lot in a high-demand location. (id:58067)
Listed by Streetcity Realty Inc.
The content on this website is owned or controlled by CREA and is protected
by copyright and other laws. It is intended
solely for the private, non-commercial use by individuals. Any other reproduction,
distribution or use of the content, in whole or in part, is specifically prohibited.
Prohibited uses include commercial use, “screen scraping”, “database scraping”, and
any other activity intended to collect, store, reorganize or manipulate the content of
this website.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned
by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate
Association (CREA). These certification marks identify real estate professionals who are
members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR®
Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the
professional real estate services provided by members of CREA.
The information contained on this website is based on information
that is provided by members of CREA, who are responsible for its accuracy, through the DATA DISTRIBUTION FACILITY (DDF®) feed. CREA
reproduces and distributes this information as a service for its members, and assumes
no responsibility for its completeness or accuracy.