18 Mcmahen Street,London East (East G), ON N5Y3A2
London East (East G), ON N5Y3A2
Description
Excellent opportunity for investors or owner occupiers at 18 McMahen Street.This property features two self contained living spaces, each with its own private entrance and laundry. The upper unit offers 3 bedrooms, 1 bathroom, a spacious living area, and a kitchen with granite countertops. The lower level features 2 bedrooms, 1 bathroom, and a completely renovated kitchen completed in 2026 with quartz countertops. With a total of 5 bedrooms and 2 bathrooms, the property offers plenty of flexibility and income potential. The property is currently vacant, allowing a new owner to set their own rents or occupy one of the units. Most recently, the upper unit was rented for $2,275/month and the lower unit for $1,550/month, providing a combined rental income of $3,825/month. Outside, you'll find parking for up to 4 vehicles, a fully fenced backyard, deck, and large storage shed. Located directly across from McMahen Park, this is a great opportunity to add a versatile property to your portfolio or live in one unit while generating income from the other. Roof replaced in 2020. (id:13843)
Details
| MLS # | X14155868 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 8 |
| Listing Provided By | THRIVE REALTY GROUP INC. | NICK JAREMKO |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,100 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R2-2 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Cooktop, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Flat site, In-Law Suite |
|---|---|
| Foundation Details | Poured Concrete |
| Fencing | Fenced yard |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 4 |
Utilities
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 3973 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | London East (East G) |
| Postal Code | N5Y3A2 |
| Listing VS Median (in N5Y3A2) | |
Price: $499,900 low | high Med: $499,900 sqft: 1,100 low | high Med: 1,100 $ / sqft: $454 low | high Med: $454 On site: 8 low | high Med: 8 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | London East (East G) |
| Postal Code | N5Y3A2 |
| Listing VS Median (in N5Y3A2) | |
Price: $499,900 low | high Med: $499,900 sqft: 1,100 low | high Med: 1,100 $ / sqft: $454 low | high Med: $454 On site: 8 low | high Med: 8 | |