$777,000
For sale: Multiplex

Woohoo! Almost $50K in annual gross rental income! A single address offering two distinct living spaces, minimal management and strong income in the heart of South London. This well-maintained, tenanted duplex generates just over $4K per month in rental income.Unlike many traditional duplex conversions, both units offer above-grade living space with modern finishes, creating two bright and comfortable homes under one roof. The unique side-split design provides excellent separation between the units while maintaining the convenience and efficiency of a single property.The home is in immaculate condition and has been exceptionally well cared for by both occupants. Recent improvements include new flooring throughout the main floor, adding to the property's clean, modern and move-in-ready presentation.Situated on a generous corner lot, the property offers plenty of backyard space along with ample parking for up to four vehicles - valuable features for both current and future tenants.Located in a quiet, family-oriented South London neighbourhood, this property combines dependable rental income with a highly desirable residential setting close to parks, schools, shopping, transit and everyday amenities.This one is a must see in a prime South London location!
Sold data
Homes in South D took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 57, across 58 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.
The median sale price was $493,500.
Homes sold for about 2.9% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 58 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London South (South D) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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