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$ 539,000
Est. payment /mo
New
258 Wellington RD London South, ON N6C 4N5
7 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision South H
MLS Listing ID X12174569
Style 1 1/2 Storey
Bedrooms 7
Building Age 51-99
Annual Tax Amount $4,137
Tax Year 2024
Property Sub-Type Detached
Property Description
This versatile 1.5-storey home offers 7 bedrooms and 3 full bathrooms, ideal for large families, multi-generational living, or savvy investors. Just a 5-minute walk to Victoria Hospital and a quick drive to Highway 401, this well-located property is also on a major bus route with direct access to Western University and Fanshawe College, perfect for students, professionals, and commuters alike. The finished basement includes a private entrance, full kitchen, 4-piece bathroom, family room, and two additional rooms, creating a self-contained in-law suite or rental unit with excellent income potential. The upper level currently generates $2,400/month, while the lower unit rents for $1,450/month, bringing the total to $3,850/month. The single-car detached garage has previously been rented for $100/month, offering even more earning potential. Additional features include a private driveway, a beautifully treed backyard perfect for relaxing or entertaining, and proximity to schools, shopping, parks, and public transit. Don't miss this opportunity to own a spacious, income-generating property in one of London's convenient and high-demand areas.
Location
Province ON
County Middlesex
Community South H
Area Middlesex
Rooms
Family Room No
Basement Separate Entrance, Apartment
Kitchen 3
Separate Den/Office 1
Interior
Interior Features Carpet Free, Accessory Apartment, In-Law Suite
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 40.0
Lot Depth 127.0
Total Parking Spaces 5
Building
Foundation Concrete
Listed by CENTURY 21 FIRST CANADIAN CORP