64 STANLEY STREET, London South (south F), ON N6C1B1

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Nest Real Estate Group

nest Real Estate Group

info@nestgroup.ca +1(778) 788-6378

$ 594,900

Est. payment | -/mo

3 Beds

2 Baths

1,500 SqFt

Save

$ 594,900

Est. payment | -/mo

Save

3 Beds

2 Baths

1,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $396

Subdivision South F

MLS® Listing ID X12373480

Bedrooms 3

Source London and St. Thomas Association of REALTORS®

Property Description

Welcome to your next opportunity at 64 Stanley Street, a City-approved legal duplex in South London, recently renovated to meet todays standards. Fully licensed with the City of London since 2023, this property has been updated for safety, compliance, and modern living. Significant updates include new eavestroughs and soffits (2025), roof on addition (2025), carpet in upstairs unit (2025), main floor fully renovated (2022), soundproof insulation between units (2022), and insulated exterior walls (2022). Electrical and plumbing have been fully updated with no knob-and-tube or lead pipes. Other improvements include a tankless water heater (2022), modern appliances (main 5, upper 4) installed in 2022, furnace (2015), and windows (2015). Combined with complete fire separation (45-minute burn rating), these upgrades make the duplex safe, efficient, and investor-ready. The main floor unit consists of high ceilings, stunning hardwood floors, and a modern kitchen and bathroom. The upstairs unit is very spacious with many updates and open concept living. Both units feature private entrances, functional layouts, and separate Hydro meters, providing ease of management while appealing to tenants. Live in one unit and lease the other or set your own rents with this fully vacant property. Financially, this duplex delivers strong returns, with projected gross rents of $43,200 per year and a projected Net Operating Income of $35,449, which equates to a cap rate of nearly 6% at the list price. The location is unbeatable: walk to Downtown London or the vibrant shops and cafés of Wortley Village, and enjoy transit, schools, and parks just minutes away. With legal compliance, modern updates, and immediate income, 64 Stanley Street is a turn-key investment you won't want to miss! (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 1.62 m X 3.33 m Bathroom

Extra Room 2 Second level 3.97 m X 4.19 m Living room

Extra Room 3 Second level 2.34 m X 3.33 m Kitchen

Extra Room 4 Second level 2.3 m X 2.06 m Dining room

Extra Room 5 Second level 2.72 m X 2.59 m Primary Bedroom

Extra Room 6 Second level 3.4 m X 2.47 m Bedroom

Interior

Heating Forced air

Cooling None

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Lot Description Landscaped

Story 1.5

Sewer Sanitary sewer

Listed by TEAM GLASSER REAL ESTATE BROKERAGE INC.

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Nest Real Estate Group

Real Estate Team | License ID: 139039

info@nestgroup.ca

+1(778) 788-6378

# 1500 701 West Georgia Street, Vancouver, V7Y, 1G5, Canada

64 STANLEY STREET London South (south F), ON N6C1B1

Nest Real Estate Group

Key Details

Location

Rooms

Interior

Exterior

Building

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