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Pending
  • C$419,000

    419 Ronald St, London, ON N5W 5B8

    3beds
    2baths
    Single Family Residence
    Built in ----
    6,516.5 Square Feet Lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Attention developers, investors, flippers, and renovation enthusiasts419 Ronald Street in London presents a rare and exciting opportunity with major value already unlocked. This generous 50 x 130.33 ft lot has been successfully rezoned by the City of London for Triplex use (three legal dwelling units), with the potential for a future legal fourth unit in the basement. All the heavy lifting has been done: Architectural, Plumbing, Structural, and Mechanical drawings have been approved, permits have been issued, and the property already features three separate entrances, ideal for a multi-unit layout. City-approved plans allow for a 5+2 bedroom, 3-bathroom configuration across the triplex, offering excellent cash flow potential once complete. Whether you're looking to renovate and hold, flip for profit, or add to your portfolio, this project is primed and ready for execution. Estimates of $5,800 in cashflow expected from the 3 units making for a great investment. Located minutes from Fanshawe College, Argyle Mall, Downtown London, public transit, shopping, and with quick access to Highway 401, the location offers unbeatable connectivity and tenant demand. Property is being sold AS IS with all approved permits and plans in place to take advantage of this fully prepped development opportunity.
    9 days
    on Zillow
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    50
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: April 22, 2025 at 08:55am

    Listed by:

    RARE REAL ESTATE

    Source: TRREB,MLS®#: X12086994MLS LogoOriginating MLS®#: Toronto Regional Real Estate Board
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Features
    • Other
    • Basement: Full,Separate Entrance
    • Has fireplace: No
    Interior area
    • Living area range: 1500-2000 null

    Property

    Parking
    • Total spaces: 4
    • Parking features: Private
    • Has garage: Yes
    Features
    • Stories: 1.5
    • Patio & porch: Porch
    • Exterior features: Privacy, Recreational Area
    • Has private pool: Yes
    • Pool features: In Ground
    Lot
    • Size: 6,516.5 Square Feet
    • Topography: Dry
    Details
    • Parcel number: 081100105

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Concrete
    • Roof: Asphalt Shingle

    Utilities & green energy

    • Sewer: Sewer

    Community & HOA

    Location
    • Region: London

    Financial & listing details

    • Annual tax amount: C$2,721
    • Date on market: 4/16/2025
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