7 Durham Street, London ON

About 7 Durham Street

A remarkable investment opportunity in this legal and licensed duplex to occupy this newly renovated main floor unit which includes the partially finished lower level complete with 2 bedrooms, a second full bathroom, laundry and storage space while generating rental income from the upper unit. This remarkable property boasts a detached garage with potential storage above, partially fenced yard, inground sprinkler system both front and back, separate storage shed behind the garage and a large driveway with side spot for upper tenant. This exceptionally renovated main floor with updated kitchen, stainless steel appliances including microwave range hood, updated patio doors out to a newer deck plus renovated main floor bathroom, oak flooring throughout the main floor living space and vinyl in the kitchen and bathroom, updated light fixtures and windows (front window is the only original window) plus a separate front entry offering a large front coat closet. The upper unit is presently rented ($790 plus hydro) and offers 2 bedrooms, full bathroom, kitchen with patio doors to newer upper deck plus front living room space. Furnace 2005, Central air 2013, Hot Water Tank is owned 2022, Tenants pay hydro (separate meters). An extremely manageable property with great income potential. Conveniently located close to shopping, transit, schools and access to both Fanshawe College and downtown. A solid investment whether renting and adding to your investment portfolio or occupying one of the units in order to assist with your mortgage. A rare find. (id:56071). Get more information on 7 Durham Street

Property Features

Appliances:  Water meter, Two stoves, Two Refrigerators
Features:  Level
Rental Equipment:  
Directions:  Oxford Street East
Zoning Description:  R1-5
Interior Size:  1100 - 1500 sqft
Fence:  Partially fenced
Amenities:  Separate Electricity Meters
Lot:  45 x 97.4 FT ; 98.24 ft x 45.11 ft x 98.10 ft x 45.11ft|under 1/2 acre 45 x 97.4 FT ; 98.24 ft x 45.11 ft x 98.10 ft x 45.11ft
Exterior Finish:  Vinyl siding
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas / Central air conditioning
Age: 51 to 99 years
Foundation: Block
Basement:  N/A (Partially finished) Partially finished

Rooms & Sizes

Bedroom 2 Second level 3.34 m x 2.13 m	Living room Second level 4.34 m x 2.85 m	Kitchen Second level 2.53 m x 2.22 m
Primary Bedroom Second level 3.61 m x 3.02 m	Bedroom 3 Basement 4.59 m x 3.09 m	Bedroom 4 Basement 3.21 m x 2.86 m
Utility room Basement 3.29 m x 2.19 m	Living room Main level 5.12 m x 4.31 m	Kitchen Main level 3.68 m x 2.62 m
Primary Bedroom Main level 3.84 m x 3.22 m	Bedroom 2 Main level 3.04 m x 2.59 m