18 McMahen Street, London, ON N5Y 3A2
- $499,900
- 5
- BD
- 2
- BA
- 1,100
- SqFt
- List Price
- $499,900
- MLS#
- X14155868
- Status
- ACTIVE
- Type
- Single Family Residential
- SubType
- Detached
- Style
- 1 1/2 Storey
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 1100-1500
- Province
- ON
- Municipality
- London
- Area
- Middlesex
- Neighborhood
- East
- Subdivision
- Wolseley Ave
Property Description
Excellent opportunity for investors or owner occupiers at 18 McMahen Street.This property features two self contained living spaces, each with its own private entrance and laundry. The upper unit offers 3 bedrooms, 1 bathroom, a spacious living area, and a kitchen with granite countertops. The lower level features 2 bedrooms, 1 bathroom, and a completely renovated kitchen completed in 2026 with quartz countertops. With a total of 5 bedrooms and 2 bathrooms, the property offers plenty of flexibility and income potential. The property is currently vacant, allowing a new owner to set their own rents or occupy one of the units. Most recently, the upper unit was rented for $2,275/month and the lower unit for $1,550/month, providing a combined rental income of $3,825/month. Outside, you'll find parking for up to 4 vehicles, a fully fenced backyard, deck, and large storage shed. Located directly across from McMahen Park, this is a great opportunity to add a versatile property to your portfolio or live in one unit while generating income from the other. Roof replaced in 2020.
Additional Information
- Taxes
- $3,973
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Family Room
- Yes
- Kitchens
- 2
- Exterior
- Brick, Vinyl Siding
- Waterfront Type
- None
- Garage Type
- None
- Pool
- None
- Parking Spaces
- 4
- Parking Type
- Private Double, Other
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Listing courtesy of THRIVE REALTY GROUP INC..