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578 Waterloo Street, London East, ON N6B2P9

$674,9005Beds 2Baths 1,500Sqft East P

Property Overview

  • Row / Townhouse Home Type
  • Duplex Building Type
  • 5445 Sqft Lot Size
  • East PCommunity
  • 5 Beds
  • 2 Full Baths
  • 0 Half Baths
  • 3 Parking Space(s)
  • Property Taxes
  • 47 days Days on Market
  • X13558120 MLS® #
  • $450 Price / Sqft
  • Two Storey Style
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Description

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!

Interior Details

See Home Description
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0
None
Part

Exterior Details

Brick
2
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Other
Brick / Stone / Block

More Information

Property

None
See Home Description

Parking

Yes
3
No Garage

Utilities

Municipal / City

Data is supplied by the Toronto Regional Real Estate Board (TRREB) MLS® System. TRREB is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data was last updated Wednesday, July 15, 2026, 5:32:01 AM UTC.