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193 Waterloo Street London, Ontario N6B 2N1

4 Bedroom 3 Bathroom 1999.983 - 2499.9795 sqft
Fireplace Other

$499,900

Sweet investment opportunity. Ideal for investors, large families, or house hackers. Zoned R3-1, this yellow brick home offers excellent rental income potential. Currently assessed as a duplex, it also features a third bachelor unit and a fourth entrance to the upper loft, perfect for use as a home office or studio. All units are vacant except for the main level, which is occupied by the owner, making this property ready for immediate occupancy or tenants. Located within walking distance to downtown London, Budweiser Gardens, walking trails, and major bus routes, this property is also just 25 minutes from Wortley Village. The home retains much of its original character, with high ceilings, detailed trim, and a charming clawfoot tub. The main level includes a spacious eat-in kitchen with patio doors leading to a fenced backyard, as well as a large living, bright sunroom, and dining room with 10-foot ceilings. Heating system features two gas fireplaces, one gas heater, and a woodstove on the main floor, with another gas heater upstairs and two electric fireplaces throughout the property. The sunroom, updated in 2024, includes a skylight, two patio doors, and large windows that overlook the private backyard. Parking is available at the side and front of the home, and the property offers 200-amp service. Appliances include three fridges, three stoves, a washer, dryer, and a stovetop microwave. With R3-1 zoning permitting up to four units, this property offers an opportunity for investors looking to grow their portfolio or homeowners wanting rental income to offset mortgage costs. Selling as is. (id:53488)

Property Details

MLS® Number X9511129
Property Type Single Family
Community Name East K
AmenitiesNearBy Park, Place Of Worship, Public Transit
Features Lane
ParkingSpaceTotal 5
Structure Shed

Building

BathroomTotal 3
BedroomsAboveGround 2
BedroomsBelowGround 2
BedroomsTotal 4
Appliances Microwave, Refrigerator, Stove, Water Heater
BasementType Crawl Space
ExteriorFinish Brick
FireplacePresent Yes
FoundationType Block
HeatingFuel Natural Gas
HeatingType Other
StoriesTotal 3
SizeInterior 1999.983 - 2499.9795 Sqft
Type Duplex
UtilityWater Municipal Water

Land

Acreage No
FenceType Fenced Yard
LandAmenities Park, Place Of Worship, Public Transit
Sewer Sanitary Sewer
SizeDepth 87 Ft ,9 In
SizeFrontage 47 Ft ,1 In
SizeIrregular 47.1 X 87.8 Ft
SizeTotalText 47.1 X 87.8 Ft|under 1/2 Acre
ZoningDescription R3-1

Rooms

Level Type Dimensions
Second Level Bedroom 3.68 m x 2.9 m
Second Level Kitchen 3.61 m x 2.9 m
Second Level Family Room 4.09 m x 3.54 m
Ground Level Bathroom 3.54 m x 2.1 m
Ground Level Bedroom 3.52 m x 3.16 m
Ground Level Bedroom 3.51 m x 2.28 m
Ground Level Family Room 3.69 m x 3.46 m
Ground Level Foyer 2.62 m x 1.92 m
Ground Level Kitchen 5.28 m x 9.93 m
Ground Level Living Room 4.27 m x 3.69 m
Ground Level Sunroom 4.18 m x 4.07 m
Ground Level Bathroom 1.96 m x 1.71 m

https://www.realtor.ca/real-estate/27581327/193-waterloo-street-london-east-k

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Lisa Zukiwski
Broker


RE/MAX Advantage Realty Ltd.

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