204 BURNSIDE DRIVE, London East (East I) NEW LISTING

Brokered by: PRIME REAL ESTATE BROKERAGE

MLS®: X13480654 ()

Price: $639,000.00

Address: 204 BURNSIDE DRIVE, London East (East I)
FOR SALE
Postal Code: N5V1B7
Style: 
Type: Multi-family Duplex
Bedrooms: 4
Bathrooms: 2
Bedrooms Aboveground:  4
Parking:  Detached Garage
Garage: Detached Garage
Lot Size (Approximate):   60 ft ,2 in x 151 ft ,4 in
Property Size (Approximate):  60.2 x 151.4 FT
Stories:  2


About 204 Burnside Drive

Welcome to this turnkey, well-maintained duplex property in one of East London s most desirable neighbourhoods with massive development potential! The fully self-contained up-and-down duplex offers an exceptional opportunity for investors, multi-generational families, or owner-occupants looking to offset their mortgage with rental income. The upper unit features a bright and spacious 2-bedroom, 1-bathroom layout with the added bonus of a sunroom, providing extra living space. The main floor unit offers an identical 2-bedroom, 1-bathroom floor plan and enjoys exclusive access to a full basement featuring a large recreation room, utility area, and ample dry storage space. A standout feature of this property is that each unit is separately serviced with its own hydro meter, gas meter, furnace, and water heater, providing true independence for both units and simplifying property management. Outside, you ll find a massive, oversized double-car garage, featuring both heat and hydro, an extremely rare feature that is perfect for hobbyists, contractors, car enthusiasts, or additional rental income potential. Situated on huge 60ft x 151ft lot with a fully fenced backyard, the property presents exciting development potential. The expansive lot and existing layout may lend themselves to the addition of an accessory dwelling unit (ADU) or future expansion, offering the opportunity to further increase revenue and maximize the property s value (subject to municipal approvals). There may also be potential to put a 3rd unit in the basement for a savvy investor. The property also offers parking for 10+ vehicles, making it ideal for tenants, guests, trailers, work vehicles, or future projects. (id:56071). Get more information on 204 Burnside Drive

Property Features

Appliances:  Central Vacuum, Dishwasher, Dryer, Oven, Washer, Refrigerator
Features:  Flat site, Dry, Carpet Free
Rental Equipment:  
Pool Type:  Outdoor pool
Directions:  Cross Streets: Trafalgar. ** Directions: Trafalgar to Ascot. Right on Burnside.
Zoning Description:  R2-2
Interior Size (Approximate):  1500 - 2000 sqft
Fence:  Fenced yard
Community Features:  Community Centre, School Bus
Amenities:  Separate Heating Controls, Separate Electricity Meters
Lot (Approximate):  60.2 x 151.4 FT|under 1/2 acre 60.2 x 151.4 FT
Exterior Finish:  Brick
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas / Central air conditioning
Age (Approximate): 51 to 99 years
Foundation: Poured Concrete
Basement:  Full (Partially finished) Partially finished

Rooms & Sizes

(Approximate)

 Kitchen Second level 3.55 m x 3.01 m  Family room Second level 5.99 m x 3.43 m  Sunroom Second level 3.56 m x 1.54 m
 Bedroom 3 Second level 3.39 m x 3.63 m  Bedroom 4 Second level 2.82 m x 2.79 m  Bathroom Second level 2.48 m x 1.54 m
 Dining room Second level 3.4 m x 3.11 m  Recreational, Games room Basement 3.82 m x 10.85 m  Utility room Basement 4.24 m x 12.27 m
 Primary Bedroom Main level 3.38 m x 3.65 m  Bedroom 2 Main level 2.85 m x 2.79 m  Bathroom Main level 2.46 m x 1.51 m
 Dining room Main level 3.35 m x 2.97 m  Kitchen Main level 3.54 m x 2.97 m  Living room Main level 5.94 m x 3.42 m

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JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.