128 m
Distance
An excellent investment opportunity with proven cash flow, this fully tenanted 8-bedroom duplex near Fanshawe College offers immediate rental income and an attractive cap rate of over 6% based on current rental revenue and estimated operating expenses. The property consists of two self-contained 4-bedroom, 2-bathroom units, each featuring a private entrance, in-suite laundry, its own furnace and central air conditioning, and separately metered hydro. Current annual gross rental income is approximately $53, 000, with an estimated net operating income of approximately $44, 000. Located just steps from Fanshawe College, the property sits in one of London's strongest student and workforce rental markets, supporting consistent tenant demand and long-term investment appeal. Additional features include individual HVAC systems for each unit, internet and cable wiring in every bedroom, and a 12 x 10 shed with a steel roll-up door for convenient additional storage. An incredible opportunity to purchase a fully leased, income-producing asset offering immediate cash flow in one of London's most established rental locations. (id:58753)
Cross Streets: Dundas St & Second St. ** Directions: Dundas St to Second St.
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the London East (east H), ON area.
63/100
Somewhat Walkable
Walk Score ®
47/100
Some Transit
Transit Score ®
63/100
Bikable
Bike Score ®
Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.
14 nearby routes: 14 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 40/100, Bike Score: 50/100.
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Source: Realty.com
434 SECOND STREET, London East (East H), ON N5W4T1 in London East (East H), ON N5W4T1 is a duplex listed at $685,000. Highlights include 8 bedrooms, 4 bathrooms. Realty.ca has 43 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 43 photos of 434 SECOND STREET.
The full address for this home is 434 SECOND STREET, London East (East H), ON N5W4T1.
434 SECOND STREET has been listed on Realty.com since Tue July 21, 2026
Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 40/100, Bike Score: 50/100.
Listing provided courtesy of:
TEAM GLASSER REAL ESTATE BROKERAGE INC.
Listing agent:
DUSTIN MERCIER
This content last refreshed on 2026-10-01 17:18:20. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.