$749,990
For sale: Multiplex

Investor-Focused: Excellent opportunity to own a turnkey, cash-flow-positive legal duplex in a highly desirable, mature neighbourhood. Fully renovated in 2019 into a legal secondary dwelling unit, this property offers ultimate peace of mind with all major components replaced during the optimization.The Front Unit (Unit A) is a spacious, original side-split layout featuring 3 bedrooms, 2 full bathrooms, and a convenient powder room. The Back Unit (Unit B) offers a modern 2-bedroom, 1-bathroom floor plan. Both units are fully rented to excellent tenants and boast highly sought-after, independent amenities: separate gas and hydro meters, dedicated in-suite washers and dryers, and fully separate backyards with private decks.An oversized driveway provides plenty of parking for both units, and an outdoor shed offers valuable extra storage. Located just minutes from top-rated schools, parks, shopping, and major bus routes. A professional property management company is already in place, offering a seamless, hassle-free transition for the next savvy investor. Truly a rare, worry-free addition to your portfolio!
Sold data
Homes in South O took a median of 26 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 43, across 68 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $527,900.
Homes sold for about 1.9% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 68 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 O) 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.
Currently for sale

$729,900
Multiplex195-197 SOUTHFIELD DRIVE, SW, Strathroy-Caradoc

$649,000
Multiplex20 ADELAIDE STREET S, South I, London South

$950,000
Detached688 WESTMOUNT HILL DRIVE, South C, London South

$929,900
Detached23401 MELBOURNE ROAD, Rural Southwest Middlesex, Southwest Middlesex

$739,900
Detached708 VILLAGE GREEN AVENUE, South M, London South

$729,000
Detached298 MIDDLETON AVENUE, South W, London South

$799,900
Detached1228 RICHMOND STREET, East B, London East

$897,000
Detached23 GOODMAN DRIVE, South T, London South