More Photos

×

    For Sale - 631 Elias Street, London East, Ontario

    Est payment $2,401/mo
    Get pre-qualified
    Views   1
    Time on Jump  6 day

    AI Summary *

    • Charming yellow brick duplex in vibrant Old East Village, perfect for investors.
    • Upper unit will be vacant soon for owner-occupancy or setting market rent.
    • Spacious 2-bedroom layout with private laundry and gas fireplace adds comfort.
    • Lower unit has great tenants paying $1,083 monthly, ready to stay.
    • Conveniently located near downtown, transit, schools, and local shops and restaurants.




    Fantastic opportunity for first-time buyers and investors alike! This charming yellow brick duplex in london's vibrant old east village offers the perfect chance to offset your mortgage with rental income or add a solid investment property to your portfolio. The upper unit will be vacant as of september 1st, making it ideal for an owner-occupier or for setting your own market rent. This bright and spacious 2-bedroom unit features a unique layout with one bedroom on the main floor and a second bedroom upstairs. The upper unit also offers its own private laundry, electric baseboard heating with the added comfort and charm of a gas fireplace. The lower unit is occupied by excellent month-to-month tenants who are currently paying $1,083 per month and would love to stay. This self-contained unit includes its own separate laundry, forced air gas heating. Both units are separately metered for hydro and gas, with tenants currently paying their own utilities. Water and water heater rentals are paid by the owner. Recent updates include the roof being redone in three phases between 2018 and 2021, a refinished bathtub in 2023, a new washer in 2023, a new gas fireplace insert in 2025, and a newly rebuilt deck in 2025. With separate utilities, private laundry for each unit, and the flexibility of a soon-to-be vacant upper unit, this property offers exceptional value and versatility. Whether you're looking to live in one unit while generating rental income from the other, or seeking a turnkey investment in a growing neighbourhood, 631 elias street is an opportunity you won't want to miss. Conveniently located close to downtown, public transit, schools, parks, and all the shops, cafés, breweries, and restaurants that make old east village one of london's most exciting and evolving neighbourhoods.
    Listing IDX13500776
    Address631 Elias Street
    CityLondon East, Ontario
    Price$499,999
    Bed / Bath3 / 2 Full
    Style1 1/2 Storey, Duplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features In-Law Suite, In-Law Capability, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Storage, Water HeaterOutdoor Features Deck, PorchAmenities Library, Park, Public Transit, School, School Bus RouteOwnership FreeholdBasement UnfinishedFoundation ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 5.00
    ASAP

    Tue

    7

    Jul

    Wed

    8

    Jul

    Thu

    9

    Jul

    Fri

    10

    Jul

    Sat

    11

    Jul

    Sun

    12

    Jul

    Mon

    13

    Jul

    Tue

    14

    Jul

    Wed

    15

    Jul

    Thu

    16

    Jul

    Fri

    17

    Jul

    Sat

    18

    Jul

    Sun

    19

    Jul

    Mon

    20

    Jul

    Tue

    21

    Jul

    Wed

    22

    Jul

    Thu

    23

    Jul

    Fri

    24

    Jul

    Sat

    25

    Jul

    Sun

    26

    Jul

    Mon

    27

    Jul

    Tue

    28

    Jul

    Wed

    29

    Jul

    Thu

    30

    Jul

    Fri

    31

    Jul

    Sat

    1

    Aug

    Sun

    2

    Aug

    Mon

    3

    Aug

    Tue

    4

    Aug

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Agency:  THE REALTY FIRM INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    822 Chipping Circle
    Blossom Park - Airport And …
    3 Beds | 3 Baths
    $649,900
    190 Munroe Street
    West Elgin, Ontario.
    3 Beds | 2 Baths
    $399,000
    1512 Champlain Road
    Tiny, Ontario.
    5 Beds | 2 Baths
    $749,900
    13 Strike Avenue
    Clarington, Ontario.
    3 Beds | 3 Baths
    $800,000
    1383 Moon River Road
    Muskoka Lakes, Ontario.
    4 Beds | 2 Baths
    $1,489,000
    75 Giltspur Drive
    Toronto, Ontario.
    3 Beds | 2 Baths
    $979,000
    26 Hearn Street
    Bradford West Gwillimbury, …
    5 Beds | 4 Baths
    $1,451,998
    174 Porter Road
    Drummond/north Elmsley, Ont…
    4 Beds | 2 Baths
    $485,000
    40 Hunterwood Chase
    Vaughan, Ontario.
    4 Beds | 3 Baths
    $2,193,000
    Loading...
    631 Elias Street
    London East , Ontario
    3 2 $499,999
    Get more info