Brick facade residence featuring a covered front porch with white railing Features: porch, parking pad, electric meter, brick siding, shake shingle siding More Photos

×

    For Sale - 631 Elias Street, London East, Ontario

    Est payment $2,228/mo
    Get pre-qualified
    Views   3
    Time on Jump  85 day

    AI Summary *

    • Fully leased duplex generating immediate cash flow from reliable tenants.
    • Upper unit with private laundry and gas fireplace, spacious and unique layout.
    • Lower unit has long-term tenant, separate laundry, and reliable heating.
    • Separately metered utilities with tenants covering their own expenses.
    • Recent updates provide peace of mind and minimize ownership hassles.




    Turnkey investment opportunity in old east village! This charming yellow brick duplex at 631 elias street is fully leased and cash-flowing from day one, offering a rare chance to add a hassle-free, income-producing property to your portfolio. Both units are occupied by reliable tenants, delivering $2,633/month in combined gross rent with tenants responsible for their own hydro and gas. The upper unit is a bright, spacious 2-bedroom with a unique layout: one bedroom on the main floor and a second bedroom upstairs. It's now leased at $1,550/month plus hydro and gas and features its own private laundry, electric baseboard heating, and the added comfort and charm of a gas fireplace. The lower unit is home to a reliable, long-term tenant currently paying $1,083/month, with its own separate laundry and forced-air gas heating. Both units are separately metered for hydro and gas, with tenants covering their own utilities. The owner pays water only, keeping expenses low and predictable. Recent updates take the guesswork out of ownership. The roof was redone in three phases between 2018 and 2021, the bathtub was refinished in 2023, a new washer was installed in 2023, a new gas fireplace insert was added in 2025, and the deck was rebuilt in 2026. With two stable tenancies in place, separately metered utilities, private laundry in each unit, and a strong list of recent updates, 631 elias street is ready for an investor to step in and start collecting rent immediately. No vacancy, no renovation, no delay. Ideally located close to downtown, public transit, schools, parks, and 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$464,000
    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

    Fri

    23

    Oct

    Sat

    24

    Oct

    Sun

    25

    Oct

    Mon

    26

    Oct

    Tue

    27

    Oct

    Wed

    28

    Oct

    Thu

    29

    Oct

    Fri

    30

    Oct

    Sat

    31

    Oct

    Sun

    1

    Nov

    Mon

    2

    Nov

    Tue

    3

    Nov

    Wed

    4

    Nov

    Thu

    5

    Nov

    Fri

    6

    Nov

    Sat

    7

    Nov

    Sun

    8

    Nov

    Mon

    9

    Nov

    Tue

    10

    Nov

    Wed

    11

    Nov

    Thu

    12

    Nov

    Fri

    13

    Nov

    Sat

    14

    Nov

    Sun

    15

    Nov

    Mon

    16

    Nov

    Tue

    17

    Nov

    Wed

    18

    Nov

    Thu

    19

    Nov

    Fri

    20

    Nov

    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 Brokerage: 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

    487 Burbrook Place
    London East, Ontario.
    3 Beds | 2 Baths
    $395,000
    864 Stedwell Street
    London East, Ontario.
    5 Beds | 2 Baths
    $449,900
    28 Corinth Court
    London East, Ontario.
    3 Beds | 2 Baths
    $489,900
    193 St Julien Street
    London East, Ontario.
    3 Beds | 1 Baths
    $435,000
    686 Elias Street
    London East, Ontario.
    5 Beds | 2 Baths
    $459,000
    25 Queenston Crescent
    London East, Ontario.
    2 Beds | 2 Baths
    $499,900
    67 Hyla Street
    London East, Ontario.
    3 Beds | 3 Baths
    $399,000
    465 Ashland Avenue
    London East, Ontario.
    2 Beds | 2 Baths
    $449,900
    117 Thornton Avenue
    London East, Ontario.
    2 Beds | 1 Baths
    $499,000
    Loading...
    631 Elias Street
    London East , Ontario
    3 2 $464,000
    Get more info