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5 FRONT Street, London — listed at $729,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
A rare opportunity for a unique buyer. The property is zoned as a 3 bedroom per unit duplex. It falls under the Upper Thames River Conservation Authority, and therefore is not permitted to utilize more than 3 bedrooms, per duplex unit, for a total of 6 beds. Buyer will need to work with the city of London and the conservation authority to convert back to conforming duplex. Basement + top floor not permitted to be used, must be stripped of electrical heating and plumbing by buyer. Previously approved plans are available for new buyer to replicate with their planner. Conveniently located on a bus route, it offers easy access to downtown via a quick bike ride or drive. Teranet Property description is Duplex property code 332. Property is being sold Power of Sale everything as is, where is and being sold without any representations or warranties. (id:60164)
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $6,621, heating is other. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Is 5 FRONT Street a good fit for a growing family?+
With 6 bedrooms and 6 bathrooms (7455 sq ft), there's room for kids plus a guest room or home office. The 4-storey layout keeps living and sleeping areas separated.
How is the home heated? Is it efficient?+
Heating is other. Ask for past utility bills to understand real heating costs.
How is the space laid out across floors?+
This is a 4-storey multi-family. The 6 bedrooms and 6 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What's the parking situation?+
This property includes 4 spaces.
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