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1 SOUTHWOOD CRESCENT, London South (South D) — listed at $777,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Woohoo! Almost $50K in annual gross rental income! A single address offering two distinct living spaces, minimal management and strong income in the heart of South London. This well-maintained, tenanted duplex generates just over $4K per month in rental income.Unlike many traditional duplex conversions, both units offer above-grade living space with modern finishes, creating two bright and comfortable homes under one roof. The unique side-split design provides excellent separation between the units while maintaining the convenience and efficiency of a single property.The home is in immaculate condition and has been exceptionally well cared for by both occupants. Recent improvements include new flooring throughout the main floor, adding to the property's clean, modern and move-in-ready presentation.Situated on a generous corner lot, the property offers plenty of backyard space along with ample parking for up to four vehicles - valuable features for both current and future tenants.Located in a quiet, family-oriented South London neighbourhood, this property combines dependable rental income with a highly desirable residential setting close to parks, schools, shopping, transit and everyday amenities.This one is a must see in a prime South London location! (id:60164)
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Is 1 SOUTHWOOD CRESCENT a good fit for a growing family?+
With 5 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office.
What's the parking situation?+
This property includes 4 spaces — No Garage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $7,047, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Does it have a basement, and is it finished?+
Yes — Finished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
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