For Sale - 631 Elias Street, London East, Ontario

Est payment $2,305/mo
Views   1
Time on Jump  3 day



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 and 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 2026. 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 IDX13614444
Address631 Elias Street
CityLondon East, Ontario
Price$479,999
Bed / Bath3 / 2 Full
Style[1 1/2 Storey],Duplex
Construction[Brick]
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 Heater]Outdoor Features [Deck, Porch]Amenities [Library, Park, Public Transit, School, School Bus Route]Ownership FreeholdBasement [Unfinished]Foundation [Concrete]Heating / Cooling BaseboardHeating Fuel ElectricSewer [Sewer]
Parking 5.00
ASAP

Sun

2

Aug

Mon

3

Aug

Tue

4

Aug

Wed

5

Aug

Thu

6

Aug

Fri

7

Aug

Sat

8

Aug

Sun

9

Aug

Mon

10

Aug

Tue

11

Aug

Wed

12

Aug

Thu

13

Aug

Fri

14

Aug

Sat

15

Aug

Sun

16

Aug

Mon

17

Aug

Tue

18

Aug

Wed

19

Aug

Thu

20

Aug

Fri

21

Aug

Sat

22

Aug

Sun

23

Aug

Mon

24

Aug

Tue

25

Aug

Wed

26

Aug

Thu

27

Aug

Fri

28

Aug

Sat

29

Aug

Sun

30

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

Loading...
631 Elias Street
London East , Ontario
3 2 $479,999
Get more info