464-466 Third Street
London East, Ontario
Attention Investors, first-time home buyers and flippers - this is the kind of opportunity that doesn't come around often. Sitting on nearly half an acre in East London and zoned R5-3, this property is loaded with redevelopment potential. Whether you're looking to intensify, build, or hold for future growth, the zoning and oversized lot offer a wide range of possibilities. In the meantime, you're getting two homes for the price of one. The main residence features 3 bedrooms and a spacious family room with vaulted ceilings and 4-pc bath. Heated with a gas furnace. The second home offers electric baseboard heating 2 bedrooms, 3pc bath, a living room, dining area, and kitchen - perfect for rental income, multi-generational living, or added flexibility. This property also presents a great flip opportunity or an ideal option for a handy first-time buyer looking to break into the market and build equity. Located close to Fanshawe College, the Gibraltar Trade Centre, public transit, and major amenities. Plenty of on-site parking. (id:38604)
7a - 611 Wonderland Road N
London North, Ontario
Located next to T&T Supermarket and near Costco, Grand Tang Chinese Cuisine is a well-known Chinese eatery in North-West London. Nestled in a bustling commercial hub with high-rise buildings and various retail stores, it enjoys excellent public transit connections to Western University, Fanshawe College, White Oaks Mall, and Masonville Mall. Operated successfully by its current owner for over a decade, Grand Tang Chinese Cuisine has a loyal customer base and consistent performance, yet it still has great growth potential. The restaurant operates on a limited schedule - open just 3 days a week from 5 PM to 9 PM for dine-in dinner only, without takeout or a liquor license, and closes for 3 months each year. The 1,178-square-foot space accommodates 34 seats, with affordable rent and a lease that has three years remaining. (id:38604)
7365 Fairview Drive
Dutton/dunwich, Ontario
Tucked away in a quiet lakeside community, this charming 2-bedroom, 1-bath home offers a rare opportunity to enjoy nature, privacy, and exclusive beach access in the highly sought-after Duttona Beach area. Set on Fairview Drive, the property overlooks a beautiful gully/ravine, creating a peaceful backdrop just steps from the shores of Lake Erie. Inside, you'll find an inviting open-concept kitchen and dining area, perfect for everyday living and entertaining. The cozy living room features a wood stove (WETT certified in 2018), adding warmth and character, while a bright rear sitting room with patio doors opens to stunning ravine views. The bathroom was tastefully updated in 2022 and includes a soaker tub with shower and heated floors. Additional updates include a mini-split heat pump/AC (2019) and roof improvements completed in 2024. Outside, the property offers excellent additional space with a 10' x 12' shed, 6' x 10' shed, and a 14' x 16' workshop/Bunkie -ideal for storage, hobbies, weekend projects or modify for more guest space. Ownership includes membership in the Duttona Beach Preservation Private Society, granting shared ownership and access to 48 acres of protected land, including approximately 1,800 feet of private Lake Erie shoreline and scenic wooded trails. Members also enjoy voting rights on the stewardship and future of this unique natural setting. A perfect retreat for those seeking a relaxed lifestyle surrounded by nature, with the added benefit of private beach access and a strong sense of community. (id:38604)
56 Leger Avenue
St. Thomas, Ontario
A prime opportunity to own a turnkey, cash-flowing duplex on the south edge of St. Thomas - fully renovated, professionally positioned, and generating immediate income from day one. Configured as a 3-bedroom upper unit and a 2-bedroom lower unit, both units have been completely updated in 2024, delivering a true "plug-and-play" investment. Interior improvements include brand new kitchens with quartz countertops, updated cabinetry, subway tile backsplashes, refreshed bathrooms, new flooring throughout, and in-suite laundry in both units - a level of finish that not only attracts quality tenants, but helps support long-term rent stability. From a numbers standpoint, the property is currently producing $3,790/month in gross rental income, with a clear path to $3,990/month based on achievable market rents. After accounting for approximately $1,044/month in operating expenses, this results in a net operating income of ~$2,745/month ($32,951 annually) on current rents, and ~$2,945/month ($35,351 annually) at market rents. At the current list price, this translates to a 5.9% cap rate based on actual income, with the ability to push into the 6.3% range as rents are optimized - offering both immediate return and built-in upside. Operationally, the property is well thought out. Each unit benefits from its own dedicated heating and cooling system, helping reduce tenant overlap and simplifying expense management - with the upper unit serviced by a forced air furnace and central A/C, and the lower unit equipped with heat pumps (with integrated AC) and baseboard as backup. Combined with separate hydro meters and parking for up to 5 vehicles, this is a low-friction asset from a management standpoint. Location plays a key role here as well. Positioned on the south edge of St. Thomas, tenants have access to a wide range of schools, parks, walking trails, and everyday amenities - a consistently desirable area that supports tenant demand and long-term occupancy. (id:38604)
305 Central Avenue
London East, Ontario
Prime investment opportunity in the heart of downtown London! This well-maintained fourplex offers strong income potential in a highly desirable, amenity-rich location. Situated just minutes from shopping, dining, transit, and everyday conveniences, the property is also ideally positioned near several schools, Western University, and St. Joseph's Health Care London-making it especially attractive to students and professionals alike. Each unit is carpet-free and thoughtfully maintained, providing clean, low-maintenance living spaces that appeal to quality tenants. The property has seen numerous updates over time, ensuring long-term durability and reduced upkeep for the next owner. All units are separately metered, with tenants responsible for their own utilities-helping to maximize net operating income and simplify management. Tenanted with reliable occupants, this turnkey investment delivers immediate cash flow with minimal hassle. Whether you're expanding your portfolio or entering the multi-residential market, this centrally located fourplex is a smart addition with lasting value. (id:38604)
307 Central Avenue
London East, Ontario
Exceptional investment opportunity in the heart of London! This rare six-plex offering spans two separate buildings and is anchored by a charming century home full of character and timeless appeal. Meticulously maintained and featuring newer windows throughout, this property blends historic charm with practical updates-making it an attractive and durable addition to any portfolio. Comprised of a desirable mix of one- and two-bedroom units, each suite offers a comfortable and private living space suited for professionals, students, and young families alike. Despite its central location, every unit provides a sense of sanctuary for its occupants. The property is tenanted with long-term, reliable residents, ensuring stability and immediate income. Ideally located just steps from Victoria Park-home to the city's most popular festivals and events-and within walking distance to CF Masonville Place, the London Public Library Central Branch, major schools, hospitals, and Western University, this property offers unbeatable convenience and strong rental demand. With potential gross annual income exceeding $100,000, this is a turnkey, high-performing asset in one of the city's most sought-after locations. Whether you're expanding your portfolio or securing a stable, income-generating property, this six-plex delivers both immediate returns and long-term growth potential. (id:38604)
37332 Cutline Road
Central Huron, Ontario
88 acres with 60 workable in the heart of Huron County, just west of Holmesville. This is an excellent recreational property for hunting and ATVing, would make for a great pasture farm, and has rental income from the workable land. This parcel would also make for a great investment property to expand your land base. The successful buyer must qualify for the excess farm house stipulation for severance by Huron County. The seller will retain the buildings and 5 acres. Don't miss this opportunity! (id:38604)
RE/MAX Centre City Phil Spoelstra Realty Brokerage
512 Colborne Street
London East, Ontario
Historically significant gem restored to perfection! Step back in time and into luxury with this meticulously restored century home. This architecture masterpiece has been lovingly renovated to perserve its original charm while incorportating modern amenities for contemporary living. As you enter the grand foyer, you're greeted by inlaid floors, a stately fireplace, huge stained glass windows, soaring ceilings, and intricate original woodwork with elegant detailing. The enormous gourmet kitchen is a chef's delight, featuring top-of-the-line appliances, custom cabinetry, granite countertops, and french doors to a private patio. Retreat to the second floor to find three over sized bedrooms (one currently used as a gym) and a massive 5 piece bathroom. From here make your way to the primary suite, where tranquility awaits with a luxurious spa-like bathroom, separate his and her walk-in closets, in-suite laundry, and huge palladium windows. Outside, the professionally landscaped grounds offer a private oasis with a huge pool-sized lot, consisting of charming patios, walled gardens and lush greenery under a canopy of trees. With four bedrooms, three bathrooms, and ample living spaces, included a full-height basement, this historic home is perfect for entertaining. All modern comforts have been addressed with completely upgraded electrical, plumbing, HVAC, and level 2 EV charging installed in the garage. Located in one of London's most coveted historic neighbourhoods, steps from Victoria Park, Richmond Row restaurants, and a 10 minute drive to either Victoria or University Hospitals, this historic home offers the perfect blend of old-world elegance and modern comfort. Don't miss your chance to own a piece of history in this timeless masterpiece. (id:38604)
2 - 84 Smith Street
London East, Ontario
Discover effortless living in this newly renovated, bright and modern upper floor unit featuring one spacious bedroom and a three piece bathroom. The unit offers a large eat in kitchen complete with a stainless steel dishwasher, providing both functionality and style, while the living area is filled with natural light, creating a warm and inviting space ideal for relaxing and everyday living. Enjoy access to a large backyard at the rear of the property, perfect for outdoor enjoyment. Ideally situated just one minute from the Neighbourhood Laundromat Cafe and less than ten minutes to Downtown London and Highway 401, this location provides easy access to shopping, public transit, parks, and a wide range of local amenities. One or two parking spaces and water are included in the rent, with heat and electricity extra. (id:38604)
14519 Elginfield Road
Middlesex Centre, Ontario
A rare opportunity to own a picturesque 5.7 acre country estate. This classic mid-century modern home offers exceptional privacy, natural beauty, and timeless architectural style. Large windows throughout the home invite abundant natural light while capturing peaceful views of the surrounding countryside. The main level showcases a traditional mid-century modern layout with distinct , well-designed living spaces. A spacious timeless kitchen provides ample room for cooking and gathering , while the large sunken living room with an attached dining area creates an inviting setting for both everyday living and entertaining. The home features 3 spacious main floor bedrooms, 2.5 bathrooms, and the convenience of main floor laundry. A bright 4-season sunroom offers the perfect place to relax and enjoy the changing seasons year round. The fully finished basement expands the living space, making this home an entertainer's dream with plenty of room for recreation, hosting guests, or additional living areas. The property also includes an attached double car garage and a large detached workshop, offering storage and functionality for tools, equipment or hobbies. Surrounded by 5.7 acres of scenic countryside, this exceptional property offers the perfect balance of privacy, outdoor enjoyment, and peaceful rural living, all while showcasing the enduring character of mid-century modern design. (id:38604)
10187 Greystead Drive
Middlesex Centre, Ontario
Prime 50-acre farm and estate opportunity located near Strathroy and just northwest of London. This exceptional 50.25-acre property offers a unique opportunity for farmers, investors, and custom home builders alike. Boasting approximately 37 workable acres and 13 acres of mature bush, the land is both productive and picturesque. The flexible A1 zoning permits a single-family residence plus farm buildings, providing the perfect foundation for your agricultural or residential vision. The substantial lot features over 1,000 feet of frontage and over 2,217 feet of depth, ensuring an impressive presence and lasting privacy. This elite level of seclusion is further enhanced by the property bordering a massive 100-acre private wooded area. Strategically located for convenience, you are situated within easy reach of London, Ilderton, and the shores of Grand Bend. This parcel is ready for your vision! Take advantage of this rare find and establish your future in one of the region's most sought-after rural areas. (id:38604)
18725 Desmond Road
Chatham-Kent, Ontario
Welcome to 18725 Desmond Rd in Ridgetown, a well-appointed 2+2 bedroom bungalow set on 6 acres of scenic land along the shores of beautiful Lake Erie. Offering a rare combination of space, privacy, and waterfront living, this property is ideal for those seeking a peaceful lifestyle with room to grow. The main floor features a bright and functional layout with two spacious bedrooms, two full bathrooms, and comfortable living and dining areas filled with natural light. The kitchen offers plenty of space for everyday living and entertaining, with views overlooking the expansive property. The finished basement provides additional versatility with two more bedrooms and a large recreation space which is perfect for guests, extended family, or a home office, gym, or media room. The home is also equipped with geothermal heating and cooling, offering efficient, year-round comfort. Outside, the property truly shines. With 6 acres of land, a private pond, and mature fruit trees, there is endless opportunity to enjoy the outdoors, whether it's gardening, relaxing, or exploring your own private retreat. The 2-car garage provides ample storage and workspace for vehicles, tools, or hobbies. Located along the shores of Lake Erie, this property offers a unique opportunity to enjoy nature, privacy, and waterfront living all in one. Whether you're looking for a year-round residence or a retreat from the city, this home has the space and setting to make it your own. Don't miss your chance to experience all this property has to offer. (id:38604)