354 Spruce Street London, Ontario N5W 4N7

5 Bedroom 3 Bathroom 1452
2 Level None Forced Air


Situated on a beautiful quiet treed street, sits this newly renovated historic charmer multi-unit property. The second story addition of a new upper legal unit was just completed with building permit in 2023. Thie entire property is rented for $5085 a month which is equal to over $61,000 a year in rental income; with all three units on a fresh one year lease until November 2024. The high quality tenants were placed by a turn key property management company that will stay on managing. Top to bottom, nearly everything has been redone — from new luxury vinyl plank floors throughout, new roofs, a new on demand high efficiency hot water heater system, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves), brand new redone bathrooms with luxury tile, stainless steel appliances, and a brand new heat pump / AC system to be installed prior to closing. This is not one to miss, such a unique property with all these features rarely comes on the market. Seller financing / vendor take back option for half the downpayment possible for qualified buyers. Don’t wait! (id:45615)

Property Details

MLS® Number 40482881
Property Type Single Family
Amenities Near By Airport, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Communication Type Fiber
Community Features Community Centre, School Bus
Features Crushed Stone Driveway
Parking Space Total 3


Bathroom Total 3
Bedrooms Above Ground 5
Bedrooms Total 5
Architectural Style 2 Level
Basement Development Unfinished
Basement Type Full (unfinished)
Construction Material Concrete Block, Concrete Walls
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Concrete, Vinyl Siding
Fire Protection Smoke Detectors
Foundation Type Poured Concrete
Heating Fuel Electric, Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1452
Type House
Utility Water Municipal Water


Access Type Road Access
Acreage No
Fence Type Fence
Land Amenities Airport, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 233 Ft
Size Frontage 40 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2-3


Level Type Dimensions
Second Level Primary Bedroom 24'11'' x 10'6''
Second Level 3pc Bathroom 6'1'' x 5'3''
Second Level Kitchen 9'11'' x 11'6''
Basement Den 15'5'' x 17'9''
Main Level Bedroom 7'5'' x 7'4''
Main Level Living Room 8'8'' x 7'4''
Main Level Kitchen 13'11'' x 8'1''
Main Level 4pc Bathroom 8'8'' x 5'4''
Main Level Kitchen/dining Room 16'10'' x 9'10''
Main Level Office 4'6'' x 3'8''
Main Level 3pc Bathroom 9' x 9'7''
Main Level Bedroom 9'0'' x 9'7''
Main Level Bedroom 8'10'' x 9'10''
Main Level Primary Bedroom 13'2'' x 9'6''
Main Level Living Room 9'6'' x 14'0''
Main Level Foyer 4'10'' x 9'3''


Cable Available
Electricity Available
Natural Gas Available
Telephone Available



(226) 224-1390
(647) 849-3180
380 Wellington Street, Tower B 6th Floor, Suite B
London, Ontario N6A 5B5

(866) 530-7737
(647) 849-3180


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