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419 Ronald Street

London, N5W 5B8
3 Beds
2 Bath
1500-2000 sqft

$419,000

Est. Payment
$1,600/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by RARE REAL ESTATE
DetachedMLS #X12086994New

Price comparison with similar homes in London

Compared to 120 similar homes
-34.8% Lower
Market Avg. of (120 similar homes)
$642,620

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison

Room Details

RoomFeaturesLevel
Kitchen
3.78 × 3.45 m
Main
Primary Bedroom
4.88 × 3.17 m
Main
Bedroom
3.71 × 3.17 m
Main
Living Room
3.76 × 5.89 m
Main
Living Room
3.05 × 5.18 m
Lower
Bedroom
3.96 × 3.96 m
Lower

Client Remarks

Attention developers, investors, flippers, and renovation enthusiasts419 Ronald Street in London presents a rare and exciting opportunity with major value already unlocked. This generous 50 x 130.33 ft lot has been successfully rezoned by the City of London for Triplex use (three legal dwelling units), with the potential for a future legal fourth unit in the basement. All the heavy lifting has been done: Architectural, Plumbing, Structural, and Mechanical drawings have been approved, permits have been issued, and the property already features three separate entrances, ideal for a multi-unit layout. City-approved plans allow for a 5+2 bedroom, 3-bathroom configuration across the triplex, offering excellent cash flow potential once complete. Whether you're looking to renovate and hold, flip for profit, or add to your portfolio, this project is primed and ready for execution. Estimates of $5,800 in cashflow expected from the 3 units making for a great investment. Located minutes from Fanshawe College, Argyle Mall, Downtown London, public transit, shopping, and with quick access to Highway 401, the location offers unbeatable connectivity and tenant demand. Property is being sold AS IS with all approved permits and plans in place to take advantage of this fully prepped development opportunity.

About This Property

419 Ronald Street, London, N5W 5B8

Property Type
Detached
Lot Size
N/A
Style
1 1/2 Storey
Living Area
N/A

Home Overview

Basic Information

Last Updated
Virtual Tour
N/A
Basement
Full, Separate Entrance
Building Size
N/A
Status
In-Active
Property Type
Detached
Maintenance Fee
N/A
Year Built
N/A
satellite view
Walk around the neighborhood
419 Ronald Street, London, N5W 5B8
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 419 Ronald Street

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