$399,900
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1563 da LE Street, London East (east H), ON N5V1Y1

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5 Beds
2 Baths
- Sq Ft

Calling all investors and contractors! This is your chance to acquire a value-add handyman special with incredible upside potential just 1.2 kilometers from Fanshawe College campus. This 3+2 bedroom bungalow presents a rare opportunity to force equity through strategic improvements while generating immediate cash flow from existing tenants. The property is currently 80% rented and is priced for your sweat equity - expect to invest in upgrades throughout to unlock its full potential. The lower unit features a kitchen with separate entrance and shared laundry configuration, providing immediate rental income while you execute your value-add strategy. What makes this property particularly exciting is the potential to build a detached Additional Dwelling Unit (ADU) in the rear yard under London's new zoning policies. With proper lot dimensions and coverage calculations, you could potentially add a brand-new 600-800 sq ft standalone dwelling unit behind the existing house, dramatically increasing the property's income potential and overall value. This strategy allows you to maximize your investment by creating a modern, secondary dwelling that commands premium rents while maintaining the existing house. Imagine the possibilities: renovate the main house, optimize the current suite configuration, and add a brand-new detached ADU - creating a true income-generating powerhouse. Being within walking/biking distance to Fanshawe College ensures consistent rental demand year after year, making this an ideal hold-and-build investment. This is a build-your-wealth opportunity for hands-on investors who understand the value of forced appreciation and aren't afraid to roll up their sleeves. Perfect for contractors looking to leverage their skills or savvy investors with renovation connections ready to unlock this property's full potential. (id:58753)

  • MLS® X13850720
  • Date Listed10/01/2026
  • Days on Realty 1 Day
  • Bedrooms 5
  • Bathrooms 2 baths
  • Lot Size -
  • Sewer Other
  • Property Type Single Family Residence
  • Water Public

Interior Features

  • Cooling Central air conditioning
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features In- Law Suite

Directions

Cross Streets: Oxford & Highbury. ** Directions: From Oxford and Highbury head east on Oxford, turn south on Second, turn west on Dale, property will be on your left half way down the street.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N5V1Y1

Discover key demographics, population statistics, and environmental insights for the London East (east H), ON area.

Walkability in ON / N5V1Y1

Source: Walk Score

43/100

Car-Dependent

Walk Score ®

41/100

Some Transit

Transit Score ®

52/100

Bikable

Bike Score ®

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 43/100, Transit Score: 41/100, Bike Score: 52/100.

Points of Interest near 1563 DALE STREET, London East (East H), ON N5V1Y1

Frequently Asked Questions for 1563 DALE STREET

Source: Realty.com

1563 DALE STREET, London East (East H), ON N5V1Y1 in London East (East H), ON N5V1Y1 is a single family residence listed at $399,900. Highlights include 5 bedrooms, 2 bathrooms. Realty.ca has 8 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 8 photos of 1563 DALE STREET.

The full address for this home is 1563 DALE STREET, London East (East H), ON N5V1Y1.

1563 DALE STREET has been listed on Realty.com since Thu October 01, 2026

The average walkability score in the surrounding area is Walk Score: 43/100, Transit Score: 41/100, Bike Score: 52/100.

This content last refreshed on 2026-10-02 00:51:32. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.