553 Quebec Street · London, N5W 3Y9
MLS® X13746224
Listed Sep 4, 2026
Listing courtesy of Exp Realty·Listing last changed Sep 4
Key facts
- Property type
- Duplex
- Square footage
- 1,100-1,500 sqft
- Lot size
- 32 × 100 ft
- Parking
- 4 spaces
- Property tax
- $3,537/yr (2025)
Description
Amazing Investment Opportunity Located in the heart of London! This turn-key, low-maintenance **legal duplex** in Old East Village will be an amazing addition to your portfolio. Close to downtown, Western Fair Farmer's Market, and all amenities, including convenient bus routes to both Fanshawe College and Western University. Perfect for anyone looking for a spacious, cash-flowing investment or a mortgage helper to ease your payments.This building features **2 spacious legal dwelling units** and an extensive list of recent updates, including Three Hydro Meters and updated Electrical Panels (2022), Roof (2014), Siding/Eavestrough/Soffits/Fascia (2021), Updated Plumbing (2021), Furnace (2019), and Fence (2020-2021).In addition, there is coin-operated shared laundry, plenty of parking, separate entrances for both units, and a full unfinished basement offering ample storage and workshop space.Fully rented to high-quality A+ tenants, generating a total of **$3,300/month in rental income** - $1,650 for Unit 1 and $1,650 for Unit 2. A fantastic opportunity to own a well-maintained, income-generating property with **2 legal dwellings** in a desirable and convenient London location.
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Property details
Interior
- Size
- 1,100-1,500 sqft
- Rooms
- 6 rooms · 2 kitchens
- Bathrooms
- 2 × 3-piece
- Basement
- Full, Unfinished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Duplex, 2-Storey
- Lot size
- 32 × 100 ft
- Exterior
- Aluminum Siding, Brick
- Foundation
- Brick
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Driveway
- Private Double (4 spaces)
- Parking
- 4 spaces
Fees & taxes
- Property tax
- $3,537/yr (2025)
Rooms
Other
- Laundry
- 7.8 × 8.7 m
- Bathroom
- 6.6 × 7.1 m
- Bathroom
- 5.1 × 9.1 m
- Kitchen
- 12.1 × 9.1 m
- Bedroom 2
- 9 × 13.2 m
- Primary Bedroom
- 13.3 × 10.3 m
- Bedroom 3
- 8.11 × 13.2 m
- Dining Room
- 18.5 × 10.11 m
Estimated value range
$435K to $481K
An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.
Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.
Schools nearbyclosest is East Carling Public School, 690 m
Elementary
- 4.2
East Carling Public School
690 m · Grades JK-8
Thames Valley District School Board
- 4.8
Blessed Sacrament Separate School
940 m · Grades JK-8
London District Catholic School Board
- 9.3
St Mary School
1.2 km · Grades 5-8
London District Catholic School Board
Secondary
Thames Valley Alternative Secondary School
1.2 km · Grades 9-12
- 5.3
H B Beal Secondary School
1.5 km · Grades 9-12
Thames Valley District School Board
- 5.7
Catholic Central High School
1.8 km · Grades 9-12
London District Catholic School Board
Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.
Monthly paymentest. $2,785/mo all in
Monthly payment estimate
Land transfer tax$5,635 on closing
Ontario LTT
$5,635
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Affordabilityneeds $114,000 household income
Minimum household income required
$114,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.
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Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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Colin Abbot, Broker, Westwood Realty Team
Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
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