About this property

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.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13586434
Status	Active
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	1,500 sq ft
Beds / Baths	8 bed · 4 bath
Neighbourhood	East H
City	London East
Postal Code	N5W 4T1
Province	ON
Listed Date	July 20, 2026
Days on Market	17
Price per Sq Ft	$457
Brokerage	TEAM GLASSER REAL ESTATE BROKERAGE INC.