ON > London East > East A
London East, ON N5Y 1E9,361 Vesta RD
London East, ON N5Y 1E9,361 Vesta RD
London East, ON N5Y 1E9,361 Vesta RD
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$744,900
Est. payment /mo
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6 Beds
2 Baths
New

361 Vesta RD London East, ON N5Y 1E9

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Mitra Nobakht-Eivaly

Mitra Nobakht-Eivaly

+1(416) 832-9292

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision East A

MLS Listing ID X12138932

Style 2-Storey

Bedrooms 6

Annual Tax Amount $4,281

Tax Year 2024

Property Sub-Type Duplex

Lot Depth 150.0

Lot Front 63.0

Appx SqFt 2000-2500

Property Description

An ideal income property with strong cash flow. Beautifully renovated all-brick duplex on a large 63 x 150 lot in Northeast London, featuring two spacious almost identical layout 3-bedroom units with private entrances, separate high-ceiling basements, and individual hydro meters. Recent updates include a new flat roof (April 2025), shingles (2017), modern finishes, and efficient mini-split heat pumps (2018). The lower unit was fully renovated in 2022 (including luxurious quartz countertops) the upper in 2024 both offering bright, open-concept layouts with updated kitchens, baths, flooring, and appliances. The property includes a double garage and wide driveway for ample parking. Current rents are $2,275/month (lower, Oct 2025) and $2,100/month (upper, month-to-month), with A++ tenants. Tenants pay electric heat and hydro. Total annual gross income is $52,500. The large backyard offers potential for an accessory dwelling unit (ADU) or future development (subject to approval), and the separate-access basements could allow for further conversion to a 4-plex (consult with the city of London). Ideally located near Fanshawe College, Western University, schools, parks (directly behind the duplex), and amenities, this is a turnkey investment with instant strong cash flow and long-term upside.

Location

Province ON

County Middlesex

Community East A

Area Middlesex

Zoning R2-2

Rooms

Family Room No

Basement Separate Entrance

Kitchen 2

Interior

Interior Features Water Heater, Storage

Cooling None

Inclusions Two stoves, two fridges, two dishwashers, two ovens, two washers, two dryers

Exterior

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle,Flat

Lot Frontage 63.0

Lot Depth 150.0

Total Parking Spaces 6

Building

Foundation Not Applicable

Others

Senior Community Yes

Virtual Tour https://youtu.be/KSEA7sNqZpM?si=J21RCbAGtJjljL47

Listed by LONDON CITY REALTY CORP.

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Mitra Nobakht-Eivaly

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+1(416) 832-9292

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361 Vesta RD

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