329 Salisbury Street London East, Ontario N5Y 3A8
$599,900
This well-maintained purpose-built duplex is the ideal addition to any investor's portfolio.Generating $4,350 per month in rental income with tenants paying their own hydro, this property offers strong returns from day one. Both units are on new lease agreements at market rents, with professional property management already in place - making this a truly passive investment opportunity. Each unit features 3 bedrooms, a kitchen with backsplash, a generous living room, in-unit laundry, and a 4-piece bathroom. Major capital improvements have already been completed, including a metal/steel roof (2019), boiler/on-demand water heater (2020), soffits, fascia, and eavestroughs (2020), main floor bathtub with surround (2019), and kitchen cabinet updates(2019) - meaning you get to enjoy the benefits of upgrades without the install.Additional highlights include separate driveways with ample parking, separate hydro meters, a lower level storage area, and a private backyard space.Whether you're a seasoned investor looking to add a low-maintenance asset to your portfolio or a buyer looking to offset your cost of living, 329 Salisbury Street checks all the boxes. (id:61445)
Property Details
| MLS® Number | X13008634 |
| Property Type | Multi-family |
| Community Name | East G |
| EquipmentType | Water Heater |
| Features | Irregular Lot Size, Lane |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 6 |
| BedroomsTotal | 6 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater - Tankless, Dryer, Two Stoves, Two Washers, Two Refrigerators |
| BasementDevelopment | Unfinished |
| BasementFeatures | Separate Entrance |
| BasementType | N/a (unfinished), N/a |
| CoolingType | None |
| ExteriorFinish | Brick, Concrete |
| FoundationType | Block, Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Radiant Heat |
| StoriesTotal | 2 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 151 Ft ,6 In |
| SizeFrontage | 45 Ft ,1 In |
| SizeIrregular | 45.1 X 151.5 Ft |
| SizeTotalText | 45.1 X 151.5 Ft |
| ZoningDescription | R2-2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 5.49 m | 3.66 m | 5.49 m x 3.66 m |
| Second Level | Kitchen | 3.2 m | 2.74 m | 3.2 m x 2.74 m |
| Second Level | Primary Bedroom | 3.81 m | 2.59 m | 3.81 m x 2.59 m |
| Second Level | Bedroom | 3.35 m | 2.74 m | 3.35 m x 2.74 m |
| Second Level | Bedroom | 2.74 m | 2.74 m | 2.74 m x 2.74 m |
| Main Level | Living Room | 5.49 m | 3.66 m | 5.49 m x 3.66 m |
| Main Level | Kitchen | 3.17 m | 2.74 m | 3.17 m x 2.74 m |
| Main Level | Primary Bedroom | 3.51 m | 3.05 m | 3.51 m x 3.05 m |
| Main Level | Bedroom | 3.51 m | 2.74 m | 3.51 m x 2.74 m |
| Main Level | Bedroom | 3.51 m | 2.74 m | 3.51 m x 2.74 m |
https://www.realtor.ca/real-estate/29616136/329-salisbury-street-london-east-east-g-east-g
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Kyle Henry
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April 16 2026 07:32:54
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