38 Oliver Street W, London East, ON N5Z 2E6 (Egerton st/ Hamilton Rd)

Price : $499,000.00 , MLS®# : X12854878

Description

Rare Opportunity at 38 Oliver St W, London Move-in ready and packed with upside, this versatile property is ideal for first-time buyers and savvy investors alike. Featuring a finished basement with separate entrance and kitchen, the lower level is currently rented at $1,400/month plus utilities, offering immediate income support. Even better, the City permits up to two additional detached ADUs (buyer to verify setbacks)-a rare value-add opportunity with exceptional long-term potential. Short walk to Trafalgar school, minutes from London Public Library, Victoria Hospital (LHSC). Close to parks, shopping, public transit, and everyday essentials, this location delivers both lifestyle convenience and strong rental demand. Live in one unit, rent the other, or expand into a multi-unit investment. High-demand area, built-in income, and future development potential-opportunities like this don't last--don't miss out.

Location Description

Egerton st/ Hamilton Rd

Property Details
  • Community: East L
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 5
  • Bath: 2
  • Garages: Detached
  • Annual Property Taxes : $ 3352.79
Building Features
  • Foundation Type: Poured Concrete
  • Counstruction Material : Brick
  • Total Parking Space : 5
  • Parking Type : Detached
Building Features
  • Heating : RadiantGas
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 47.49 sq.ft
  • Land Depth: 329.9sq.ft

Listing Contracted With: HOMELIFE/MIRACLE REALTY LTD