Gurvinder Nokwal REALTOR®
For Sale Duplex 44 days on market

$458,000 ↓ $4,122,000 from $4,580,000

Est. payment $2,028/moCalculate yours

553 Quebec Street, London East, ON N5W 3Y9

East, London, ON N5W 3Y9

  • 4 Beds
  • 2 Baths
  • 1,100 Sq Ft
Map

Listing courtesy of EXP REALTY MLS® X13746224

About this home

Amazing Investment Opportunity Located in the heart of London! This turn-key, low-maintenance **legal duplex** in Old East Village will be an amazing addition to your portfolio. Close to downtown, Western Fair Farmer’s Market, and all amenities, including convenient bus routes to both Fanshawe College and Western University. Perfect for anyone looking for a spacious, cash-flowing investment or a mortgage helper to ease your payments.This building features **2 spacious legal dwelling units** and an extensive list of recent updates, including Three Hydro Meters and updated Electrical Panels (2022), Roof (2014), Siding/Eavestrough/Soffits/Fascia (2021), Updated Plumbing (2021), Furnace (2019), and Fence (2020-2021).In addition, there is coin-operated shared laundry, plenty of parking, separate entrances for both units, and a full unfinished basement offering ample storage and workshop space.Fully rented to high-quality A+ tenants, generating a total of **$3,300/month in rental income** - $1,650 for Unit 1 and $1,650 for Unit 2. A fantastic opportunity to own a well-maintained, income-generating property with **2 legal dwellings** in a desirable and convenient London location.

Property details

Overview

Property Type
Duplex
Style
2-Storey
For
For Sale
Status
Price Change
Size
1,100 sqft

Interior

Bedrooms
4
Bathrooms
2
Kitchens
2
Basement
Full, Unfinished

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Brick
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
32 x 100 Feet
Parking
None garage · 4 total

Financial

Property Taxes
$3,537 (2025)

Location

Neighbourhood
East
Cross Street
Elias
Direction Faces
West

Listing

MLS® Number
X13746224
Days on Market
44
Listed On
2026-09-04
Listed By
EXP REALTY

Rooms

Room Dimensions
Laundry 25′ 7″ × 28′ 7″
Bathroom 21′ 8″ × 23′ 4″
Bathroom 16′ 9″ × 29′ 10″
Kitchen 39′ 8″ × 29′ 10″
Bedroom 2 29′ 6″ × 43′ 4″
Primary Bedroom 43′ 8″ × 33′ 10″
Bedroom 3 26′ 7″ × 43′ 4″
Dining Room 60′ 8″ × 33′ 2″

Features

Interior

  • Other

Pool

  • None

Mortgage calculator

Minimum for this price: $22,900 (5%)

Amortization, years

Estimated mortgage payment

$2,028 per month

Principal and interest
$2,028
Property tax
$295
Estimated monthly cost
$2,323

Your mortgage

Mortgage amount
$366,400
Mortgage insurance
Not needed
Interest over 25 years
$241,977

Cash to close

Down payment
$91,600
Land transfer tax
$5,635
Total, before legal fees
$97,235
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

553 Quebec Street, London East, ON N5W 3Y9 East, London, ON N5W 3Y9
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$458,000 553 Quebec Street, London East, ON N5W 3Y9
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