49 Charles St

, London

, N6H 1H1

$699,900

5 Bed
2 Bath
1918 ft2

1-Storey House for Sale. Attention investors! Location, location, location!! Backing onto greenspace!!! Start building equity today with this 5 bedroom, 2 bathroom bungalow with detached garage located in the heart of oxford park. This meticulously maintained home has been renovated without losing any of its original character and charm. Gleaming oak hardwood throughout th... e main floor living room complimented by dramatic windows and classic french doors. Open concept shaker style eat-in kitchen with ample cabinetry and ceramic tile throughout. Family room features cozy gas fireplace, vaulted ceiling and skylight. Partially finished lower level provides additional storage space. Oversized detached single garage car garage (could be rented for additional income) with parking for 5 cars in the driveway. Fully fenced rear yard backing on west lions park; offering splash pad, playground equipment, basketball court, baseball diamond, soccer field and a picnic area. Currently leased for $3,750/month until april 30, 2023 to a+ tenants. Expenses are $12,478 annually providing for a 4. 6% cap rate. Updates include vinyl replacement windows, high efficiency furnace, tankless water heater and roof. Located close to all amenities including shopping, great schools, playgrounds, public transit, london health sciences centre and university of western ontario. Just a short walk to downtown hosting attractions such as labatt park, victoria park, covent garden market and budweiser gardens. Time to stop thinking about owning income property and finally call yourself an investor. Investment opportunities this lucrative rarely become available!

Price
699900.00
MLS #
40285219
Type
House
Style
1-Storey
Bedrooms
5  (5+0)
Bathrooms
2  (2/0)
Year Built
1880
Basement
Full (Partially finished)
Square Feet
1,918
Lot Size
55' x 153'
Pool
No
Parking
Detached Garage

Heating
Forced air
Cooling
None
Fuel
Fireplace
No
Foundation
Exterior
Vinyl siding
Materials
Structures
Porch
Square Feet
1,918
Items Rented
None
Fencing
Fence
Landscaping
Landscaped
Amenities
Protection
Smoke Detectors
Features
Backs on greenbelt, Park/reserve, Conservation/green belt, Paved driveway
Inclusions
Dishwasher, Dryer, Refrigerator, Washer, Microwave Built-in, Gas stove(s)

Lot Size
55' x 153'
Acreage
under 1/2 acre
Zoning
R2-2(19)
Nearby
Airport, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Water
Municipal water
Sewer
Municipal sewage system
Access
Highway Nearby
# of Parking
6 spaces
Directions
South On Wharncliffe Rd. N. And Then Turn Right On Charles St.
Oxford ParkWest LondonLondon

Basement
Utility Room
12'2" x 10'0"
Storage
8'9" x 4'5"
Bonus Room
15'6" x 8'3"
Family Room
15'6" x 10'7"
Main Level
4Pc Bathroom
7'9" x 7'0"
4Pc Bathroom
14'8" x 5'2"
Bedroom
12'8" x 7'9"
Bedroom
12'8" x 7'9"
Bedroom
11'9" x 10'0"
Bedroom
16'7" x 9'5"
Primary Bedroom
16'7" x 12'9"
Office
14'9" x 6'8"
Family Room
16'2" x 15'2"
Kitchen
16'0" x 11'5"
Living Room
17'6" x 12'9"
Foyer
11'9" x 5'2"

No Open Houses Scheduled.

Date Listed
2022-06-24
Brokerage
Century 21 First Canadian Corp., Brokerage