219 Emerson AVE Active

London South,ON N5Z 3L5

$ 599900

4 Beds

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision South H

MLS Listing ID X12464789

Style Bungalow-Raised

Bedrooms 4

Annual Tax Amount $3,344

Tax Year 2025

Property Sub-Type Duplex

Property Description

Welcome to 219 Emerson Avenue - a purpose-built duplex that not only delivers convenience and versatility, but also stands out as a strong cash-flowing investment. With projected rents of $1,995 + utilities for the upper unit and $1,945 + utilities for the lower unit, this property is forecasted to generate just over $47,000 in annual rental income, operating at an impressive 5.7% cap rate. Each of the two spacious 2-bedroom units features in-suite laundry, separate gas and hydro meters, and ample on-site parking - high-demand features that support premium market rents. Sitting on a deep lot in one of London's most convenient pockets, the home is minutes from Victoria Hospital and surrounded by restaurants, shopping, and essential amenities, offering the perfect blend of comfort and accessibility. Delivered with full vacant possession, this duplex gives investors the rare advantage of selecting their own tenants at true market rates. Depending on how quickly you act, you may still have the opportunity to step in and place your own tenant - or even take over one of the units for an ideal house-hack setup while enjoying a move-in-ready home. Whether you're building your portfolio or looking for a smart way to reduce living costs, 219 Emerson Avenue is a versatile, income-generating opportunity you won't want to miss.

Location

Province ON

County Middlesex

Community South H

Area Middlesex

Zoning R2-3

Rooms

Family Room Yes

Basement Full,Finished

Kitchen 2

Interior

Interior Features None,In-Law Suite,Separate Hydro Meter,Separate Heating Controls

Cooling Wall Unit(s)

Fireplaces Number 2

Fireplaces Type Natural Gas

Inclusions Refrigerators x2 / Stove x2 / Washer x2 / Dryer x2

Exterior

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle

Lot Frontage 38.0

Lot Depth 273.7

Total Parking Spaces 4

Building

Building Age 31-50

Foundation Concrete

Architectural Style Bungalow-Raised

Others

Senior Community No

ParcelsYN No

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