INVESTORS! Youre not going to want to miss this LEGAL, LICENSED DUPLEX with a potential 6.4% CAP RATE!!!! This all-brick two unit property with separate detached garage (bonus income potential) is located in a great neighbourhood with an easy commute to Fanshawe College, downtown London, parks, schools and more. The main unit combines comfort with functionality featuring three bedrooms, a generously sized kitchen and a living room with updated laminate flooring, vinyl windows and central air conditioning. This unit is currently rented to excellent tenants at market rent. With the spacious recently renovated two-bedroom lower-level unit being vacant, you can choose your own tenant or have a family member move in as well. Shared laundry is available in the common space making it an attractive feature for prospective tenants. Additional features include the home being equipped with a modern Nest thermostat and a newer furnace. Don't forget the entertainment options with nearby craft breweries and the bustling hubs of The Factory and Clubhouse. This property is perfect for investors looking for a turnkey investment, parents of students attending Fanshawe, and home-owners looking for income potential.
For sale
C$599,900
454 Salisbury St, London, ON N5Y 3B2
5beds
2baths
Single Family Residence
Built in ----
0.12 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
All-brick two unit propertySeparate detached garageGenerously sized kitchenVinyl windowsCentral air conditioningShared laundry
- 35 days
- on Zillow |
- 32 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: April 21, 2025 at 12:23pm
Listed by:
CENTURY 21 FIRST CANADIAN CORP
Source: TRREB,MLS®#: X12044473
Originating MLS®#: London and St. Thomas Association of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- None
- Basement: Apartment,Separate Entrance
- Has fireplace: No
Interior area
- Living area range: 700-1100 null
Property
Parking
- Total spaces: 3
- Parking features: Lane
- Has garage: Yes
Features
- Pool features: None
Lot
- Size: 0.12 Square Feet
- Features: Fenced Yard, Hospital, Public Transit, School Bus Route, School
Details
- Parcel number: 082860201
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- 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
- Tax assessed value: C$265,000
- Annual tax amount: C$4,169
- Date on market: 3/27/2025
- Loading