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MLS® X13818204
London, ON
DUPLEX ON THE THAMES RIVER!!! Exceptional investment opportunity with strong multi-unit income potential. This well-appointed duplex bungalow features a fully finished lower level and an outstanding location near downtown London and Western University. Residents enjoy convenient access to a wide range of amenities within walking distance, along with nearby public transit at Oxford Street and Western Road. The property also borders the Thames River and offers beautiful views of the river, Gibbons Park, and London's iconic Thames-Oxford Railway Bridge. The main level features three spacious bedrooms, a full kitchen, and a complete bathroom. The lower unit offers an additional three bedrooms, a separate full kitchen, and a full bathroom-providing versatile rental options and comfortable living space for tenants. Previously generating more than $51,000 in annual net income, based on rental income of approximately $717 per bedroom per month plus utilities, this property is designed for efficient cash flow. Both units are separately metered for hydro, while gas heating and water costs are shared between the tenants. With its rare riverfront setting, flexible layout, and proximity to downtown and Western University, this is a unique turnkey investment opportunity offering excellent long-term value. Don't miss your chance to own one of London's most distinctive income properties.
Inclusions
FRIDGE X2, STOVE X2, MICROWAVE X2, WASHER, DRYER
Exclusions
TENANT'S BELONGINGS
Broker
RE/MAX CENTRE CITY REALTY INC.
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Detached
2 Saunby Street London
London North
Built
51-99
Type
Detached
Basement
Full, Finished
Parking
None (6)
Property Tax
~$6,166/yr
Heating
Forced Air
Buying Essentials
Square Feet
1300 sqft
Facing Direction
North
Parking
None (6)
Finances
List Price
$718,000
Price per SQFT
$552/sqft
Property Tax
~$6,166/yr
Property Specs
Property Type
Detached
MLS Size
1300 sqft
Age of Building
51-99
Basement
Full, Finished
Living & Amenities
Heating Type
Forced Air
Features
Accessory Apartment · In-Law Capability
Policies & Utilities
Neighbourhood
London North
Listed On
Sep 23, 2026
Cul de Sac/Dead End
Greenbelt/Conservation
River/Stream
School Bus Route
Waterfront
Days on Market
Current: 45 days
19.4 x 12.9
250 sqft
18.6 x 13.9
258 sqft
7.6 x 6.5
50 sqft
13.2 x 14.4
190 sqft
11.7 x 10.4
122 sqft
11.5 x 10.4
119 sqft
19.4 x 13.4
261 sqft
17.4 x 9.6
167 sqft
10.7 x 11.7
126 sqft
9.8 x 11.7
115 sqft
9.7 x 11.7
114 sqft
Rooms
11
Listed Room Area
1,772 sqft
Source
Estimated from MLS room dimensions
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