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Home ON Greater London London Huron Heights
361 VESTA ROAD
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361 VESTA ROAD $744,900
2 days ago
$744,900
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361 VESTA ROAD
London East (East A), Ontario N5Y1E9

MLS® Number: X12140217

Listing Description

An ideal income property with strong cash flow. Beautifully renovated all-brick duplex on a large 63 x 150 lot in Northeast London, featuring two spacious almost identical layout 3-bedroom units with private entrances, separate high-ceiling basements, and individual hydro meters. Recent updates include a new flat roof (April 2025), shingles (2017), modern finishes, and efficient mini-split heat pumps (2018). The lower unit was fully renovated in 2022 (including luxurious quartz countertops) the upper in 2024 both offering bright, open-concept layouts with updated kitchens, baths, flooring, and appliances. The property includes a double garage and wide driveway for ample parking. Current rents are $2,275/month (lower, Oct 2025) and $2,100/month (upper, month-to-month), with A++ tenants. Tenants pay electric heat and hydro. Total annual gross income is $52,500. The large backyard offers potential for an accessory dwelling unit (ADU) or future development (subject to approval), and the separate-access basements could allow for further conversion to a 4-plex (consult with the city of London). Ideally located near Fanshawe College, Western University, schools, parks (directly behind the duplex), and amenities, this is a turnkey investment with instant strong cash flow and long-term upside. (40435015)

Location Description

Highbury Kilally

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
East A
Land Size
Bldg=63 x 150 FT
Annual Property Taxes
$4,281
Time on REALTOR.ca
2 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other
Utilities
Water
Municipal water

Land

Lot Features
Frontage
63 ft
Land Depth
150 ft
Other Property Information
Zoning Description
R2-2
Farm Features
Farm Type
Other
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3

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