368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

578 WATERLOO Street, London East, ON N6B 2P9

$674,900 For Sale
  • Sale
  • Investment
  • 40 days ago
  • Updated: 2026-07-13

Property Overview

Property Type
Investment
Bedrooms
5
Bathrooms
0
Garage
3
Size
1872 Square Feet
Age
N/A
THIS IS THE ONE THAT YOU HAVE BEEN WAITING FOR! Stunning turn-key DUPLEX located in the heart of the historic Woodfield district. This beautifully maintained property has been renovated from top to bottom without losing any of its original character and charm. An amazing investment opportunity offering a lucrative return on investment. Perfect for an owner occupied. Live in one unit and have the tenant pay your mortgage! Both units feature high ceilings, stained glass windows, impressive woodwork and gleaming hardwood flooring throughout. Updated kitchens with newer appliances included. Main floor 3 bedroom unit currently rented for $2,400/month plus hydro. Upper floor 2 bedroom unit currently rented for $1,950/month plus hydro (Commencing May 2026). Both A+ tenants. Basement currently rented as storage for $200/month. Convenient in suite laundry. Separate entrances for additional privacy between units. Oversized private concrete driveway with parking for 3 cars. Zoning: R3-2 (allows up to 4 units for potential increased income), OC2 permits for a variety of uses including commercial opportunities. Ideally located within close proximity to great schools, restaurants, public transit, Canada Life Place, Fanshawe College-Downtown Campus, Victoria Park and great shopping along Richmond Row. Time to stop thinking about owning income property and finally call yourself an investor. Do not miss this opportunity to build your real estate portfolio!

Key Details

  • X13558130
  • 3
  • $674,900
  • Tenant
  • 1872 Square Feet
  • 165 x 33 Feet
  • N/A
  • N/A
  • Investment
  • Sale

Additional Details

  • Gas Forced Air Open /
  • R3-2 OC2
  • $5331
  • 2025
  • N 1/2 LT 3 PLAN 168(E) LONDON
  • N/A
  • N
  • No
  • Municipal
Neighbourhood profile DA 35390557 · 2021 Census

Key signals

Owner vs renter

Owner vs renter split.

Median home value

Owner cost / mo

Median rent / mo

Owner : renter

Dwelling types

Bedroom mix

Condition & suitability

Built when?

Homes by decade.

Median HH income

before tax

After-tax HH

median

Median individual

Low-income rate

Income benchmarks

Shelter cost burden (30%+ of income)

Shelter burden.

Education (ages 25-64)

Population

Median age

Avg HH size

Immigrants

Age groups

Age groups.

Language at home

Visible minority

Visible minority.

Employment rate

Unemployment

labour force

Work from home

of employed

Full-yr full-time

stable jobs

Commute mode

Commute duration

Commute duration.

Pop. density

per km²

5-yr stability

did not move

Occupied dwellings

Pop. change

since 2016

Pressure index

Pressure indicators.

Neighbourhood mobility (5 yr)

Statistics Canada, 2021 Census, Dissemination Areas (98-401-X2021006).

Properties you may like

Internet Coverage — 578 WATERLOO Street, London East, ON N6B 2P9

ISED Canada ↗

Based on hexagonal coverage zones · Hex: ON43000812

  • Bell
    DSL Fibre Fixed Wireless Mobile
  • Rogers
    Cable Fibre Fixed Wireless Mobile
  • Telus
    Mobile
  • Xplore
    Fixed Wireless Satellite
  • Execulink
    Fixed Wireless
  • Freedom Mobile
    Mobile
  • Start Communications
    Fibre

Coverage is based on hexagonal zones from ISED Canada, not individual addresses. Confirm availability directly with the ISP before purchasing a plan. Roofup.ca makes no guarantee of service accuracy at this location.

Est. monthly payment
Edit details
$
%
yr
%

Down payment
Loan amount
Land transfer tax
CMHC premium
Total upfront

Enter your expected mortgage, annual expenses, and rental income to calculate monthly cash flow for this investment property.

$
$
$
Monthly Cash Flow
net per month
Annual Cash Flow
net per year
Monthly Costs
mortgage + expenses
Cost Coverage
costs vs rent

Estimates only. Not financial or investment advice.

FAQ
  • What is the total square footage of the x13558130 - 578 WATERLOO Street, London East, ON N6B 2P9?

    The total square footage of this property is Unknown.

  • What schools near to x13558130 - 578 WATERLOO Street, London East, ON N6B 2P9?

    The nearest schools are Lord Roberts Public School for elementary and London Central Secondary School for secondary.

Book a Viewing or Contact Us

Ask a question or request a viewing, we’ll respond quickly

Or
Text (416-939-2500) me directly for fastest response
RoofUp
Logo