183-185 VANCOUVER Street
London East, N5Z 4R5·MLS® X13495070·
Listing courtesy of Sutton Group - Select Realty·Updated 6 hours ago
Listing price
$839,900
Est. $4,000/mo
Days on market
Listed Jun 26, 2026
Description
Exceptional investment opportunity featuring side-by-side backsplit semi-detached homes offering approximately 2,000 sq. ft. of living space. The front unit includes a valuable 2-bedroom granny suite, creating excellent income potential and flexible living arrangements for investors or multi-generational families. This well-maintained all-brick property has undergone numerous renovations, including three updated kitchens with quartz and laminate countertops, newer vinyl plank flooring, new windows, updated bathrooms, and modern finishes throughout. The spacious layouts provide comfortable living spaces that appeal to a wide range of tenants and owner-occupants alike. Situated on a generous lot with large private backyards and two separate driveways, the property offers ample parking and outdoor space. The rear unit is currently rented at $2,500 per month, with the tenant scheduled to vacate, providing an opportunity for market-rate rental income or owner occupancy. The front unit is currently rented at $2,100 per month, with additional income potential available through the 2-bedroom granny suite. Whether you're looking to expand your investment portfolio, generate strong rental income, or occupy one unit while benefiting from rental revenue, this versatile property presents outstanding value and future upside.
Property details
Basement
Apartment, Partially Finished
Parking
8 spaces
Type
Duplex — Sidesplit 4
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$13,273
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Market conditions · East H
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$3,360
Rental yield
4.8%
Est. cash flow
-$1,975
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$200,067
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$865,937
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