227 PLATT'S Lane, London, Ontario, N6H2H5 London ON CA

This all brick bungalow has endless opportunities as a 6 bedroom single residence, 5 bedroom student rental, as it is located in close proximity to UWO (4 minute drive, 17 minute on transit, or 30 minute walk). 4 tenants are on lease until April 30th 2024, 1 tenant on lease until August 31th 2024. 1 room in lower level has been vacated by owner and can be easily rented out with high value. Current annual income is close to $40,000, with potential for more when all the rooms are leased. The property comes with 2 full bathrooms, one on each level, plus 1-car garage that is being used for storage. Larger than it looks with an addition on rear of property, approx. 2300 sq. ft. of living space. Updates include roof (2017), roof blow in insulation (2018), AC (2018), windows in rear extension (2019), stainless steel appliances, and new water heater (2022), updated electrical outlets, large nicely finished basement, R2-2 zoning, potential for duplex, treed and picturesque backyard and back patio are sure to please. High Efficiency Furnace is less than 10 years old. Just 4 minute walk to Cherryhill Mall and close to all major amenities including grocery stores, pharmacies, Costco, shopping and many cafes and restaurants. (id:1937) Find out more about this property. Request details here