Multiplex

562 Piccadilly Street

London, N5Y 3G8

$579,000
Bedrooms
3+2
Bathrooms
3
Interior
2,000-2,500 ft²
Lot
45.33 × 100 ft
Type
Multiplex
On the market
14 days

About this home

Discover the perfect blend of timeless character, modern updates, and incredible versatility in this beautifully maintained separately metered duplex, ideally located in downtown London, close to amenities, schools, public transit, and more. Showcasing the charm and architectural beauty of a century home, this property offers exceptional space, ample parking, and a private lot perfect for unwinding after a long day.The main-floor unit will be vacant at the end of November, presenting an excellent opportunity for owner-occupiers looking to live in one unit while generating rental income from the other. This spacious unit features three bedrooms, including a primary bedroom with a large walk-in closet, high ceilings throughout, a formal living room and dining room, newer flooring, and a renovated kitchen.The upper unit is full of character, with charming slanted ceilings, an abundance of natural light from large windows and skylights, and a thoughtfully renovated kitchen. Offering two bedrooms, a full four-piece bathroom, a generous living area, and a bonus space ideal for a home office, this unit is both functional and inviting. A+ tenants are currently paying $1,200 per month plus hydro, providing an attractive income stream for the next owner. Additional features include on-site laundry with separate access for each unit, a large basement with additional living space, a two-piece bathroom, and an expansive storage area that has been waterproofed. Parking is another standout feature, with three spaces allocated to the main unit and one for the upper unit.With key renovations completed where they matter most, this property offers a rare opportunity to own a character-filled century home that stands apart from others in the area. Whether you're looking to owner-occupy, invest, or add a versatile property to your portfolio, this downtown duplex is full of potential and ready to impress!

Features

  • On Demand Water Heater
  • Storage
  • Sump Pump
  • Controlled Entry
  • Landscaped
  • Patio

Property details

MLS® number
X14131032
Property type
Duplex
Style
2-Storey
Bedrooms
3+2
Bathrooms
3
Kitchens
2
Interior size
2,000-2,500 ft²
Lot
45.33 × 100 ft
Basement
Full, Partially Finished
Heating
Forced Air, Gas
Cooling
Central Air
Sewer
Sewer
Parking
4 spaces
Exterior
Brick, Metal/Steel Siding
Roof
Asphalt Shingle
Foundation
Concrete, Brick
Property taxes
$3,252 (2025)
Possession
Flexible
Cross street
Adelaide St N
Community
East F
Municipality
London

Rooms

  • Dining Room

    10' 4" × 14' 7"

    Main

  • Kitchen

    17' × 10' 10"

    Main

  • Primary Bedroom

    9' × 12' 4"

    Main

    Walk-In Closet(s)

  • Bedroom 2

    11' 6" × 9' 7"

    Main

  • Bedroom 3

    8' 5" × 10'

    Main

  • Kitchen

    9' 7" × 23' 11"

    Second

  • Bedroom

    9' 5" × 11' 6"

    Second

  • Bedroom

    11' × 11' 8"

    Second

  • Office

    3' 9" × 9' 6"

    Second

  • Living Room

    23' × 12'

    Second

Room sizes come from the listing brokerage, converted from metres where needed. They are deemed reliable but not guaranteed.

Location

London, near Adelaide St N

562 Piccadilly Street, London

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$2,564a month

$115,800 down, 4.5%, 25 years

Down payment

%
Open the full calculator

An estimate, not a quote. Under 20% down, the default insurance premium is added to the loan.

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