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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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578 WATERLOO Street London
For SaleLondon East

578 WATERLOO Street London, Investment for Sale

MLS® X12666316

London, ON

304 days on market
$699,900
Show on Map
Show on Map
5Beds
N/ABaths
1,872Sqft
N/AParking
Investment

Overview· 578 WATERLOO Street London

MLS® #X12666316

THIS IS THE ONE THAT YOU HAVE BEEN WAITING FOR! Stunning turn-key DUPLEX located in the heart of the historic Woodfield district. This beautifully maintained property has been renovated from top to bottom without losing any of its original character and charm. An amazing investment opportunity offering a lucrative return on investment. Perfect for an owner occupied. Live in one unit and have the tenant pay your mortgage! Both units feature high ceilings, stained glass windows, impressive woodwork and gleaming hardwood flooring throughout. Updated kitchens with newer appliances included. Main floor 3 bedroom unit currently rented for $2,400/month plus hydro. Upper floor 2 bedroom unit currently rented for $1,950/month plus hydro (Commencing May 2026). Both A+ tenants. Basement currently rented as storage for $200/month. Convenient in suite laundry. Separate entrances for additional privacy between units. Oversized private concrete driveway with parking for 3 cars. Zoning: R3-2 (allows up to 4 units for potential increased income), OC2 permits for a variety of uses including commercial opportunities. Ideally located within close proximity to great schools, restaurants, public transit, Canada Life Place, Fanshawe College-Downtown Campus, Victoria Park and great shopping along Richmond Row. Time to stop thinking about owning income property and finally call yourself an investor. Do not miss this opportunity to build your real estate portfolio!

Broker

CENTURY 21 FIRST CANADIAN CORP

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Walk Score®73Very WalkableVery Walkable
Transit Score®72Excellent TransitExcellent Transit
Bike Score®65BikeableBikeable
Schools8710 schools within 1.5 km · nearest 294 m10 schools within 1.5 km · nearest 294 m
Parks595 parks within 1 km · nearest 495 m5 parks within 1 km · nearest 495 m
Convenience5331 groceries, cafes and pharmacies within 1 km · nearest 380 m31 groceries, cafes and pharmacies within 1 km · nearest 380 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 578 WATERLOO Street London

Source: MLS® listing data
578 WATERLOO Street London

Investment

578 WATERLOO Street London

London East

Type

Investment

Parking

None

Property Tax

~$5,331/yr

Heating

Gas Forced Air Open

Buying Essentials

Square Feet

1872 sqft

Parking

None

Finances

List Price

$699,900

Price per SQFT

$374/sqft

Property Tax

~$5,331/yr

Property Specs

Property Type

Investment

MLS Size

1872 sqft

Living & Amenities

Heating Type

Gas Forced Air Open

Policies & Utilities

Neighbourhood

London East

Listed On

Jan 6, 2026

Public Transit

Price & Listing History

Days on Market

Current: 304 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 578 WATERLOO Street London.

Source: No verified source available.Catchment boundaries and ratings are shown only when available.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$2,815/mo
Property Tax$444/mo
Total Monthly$3,259

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0