1050 Margaret Street London, Ontario N5W 2K1

$385,000

This is a great home to own with a mortgage helper, making it extra affordable, or if you're looking for in-law capability or an investment property! Just minutes from Old East Village, Kelloggs Lane, and the Western Fair District, this charming property offers a unique and versatile layout. It features a 1-bedroom, 1-bathroom space in the back (owner occupied) and a completely separate 1-bedroom, 1-bathroom area in the front (currently vacant)—both with their own kitchens and laundry—making it perfect for multi-generational living, in-law accommodations, or generating rental income. Significant updates include a stylish kitchen renovation in 2017 with refreshed countertops, cabinets, flooring, and modern pot lights. Both 3-piece bathrooms were also updated in 2017. The convenience continues with two main-floor laundry rooms and an unfinished basement providing ample storage. Major improvements include a new furnace and A/C in 2018 and updated shingles in 2021. Outside, the detached shed offers additional storage, a potential workshop, or even a home gym. With its flexible layout, prime location, and move-in-ready condition, this home is full of possibilities! (id:19593)

Open House

This property has open houses!

Property Details

MLS® Number	40711935
Property Type	Single Family
Amenities Near By	Airport, Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Communication Type	High Speed Internet
Community Features	Quiet Area, Community Centre, School Bus
Equipment Type	Water Heater
Features	Recreational, In-law Suite
Parking Space Total	3
Rental Equipment Type	Water Heater
Structure	Workshop, Shed

Building

Bathroom Total	2
Bedrooms Above Ground	2
Bedrooms Total	2
Appliances	Dishwasher, Dryer, Refrigerator, Stove, Washer
Architectural Style	Bungalow
Basement Development	Unfinished
Basement Type	Full (unfinished)
Constructed Date	1880
Construction Style Attachment	Detached
Cooling Type	Central Air Conditioning
Exterior Finish	Vinyl Siding
Fire Protection	Smoke Detectors
Foundation Type	Block
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	1
Size Interior	1,022 Ft2
Type	House
Utility Water	Municipal Water

Parking

Carport

Land

Access Type	Road Access, Highway Nearby
Acreage	No
Land Amenities	Airport, Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer	Municipal Sewage System
Size Depth	133 Ft
Size Frontage	41 Ft
Size Irregular	0.126
Size Total	0.126 Ac|under 1/2 Acre
Size Total Text	0.126 Ac|under 1/2 Acre
Zoning Description	R2-2

Rooms

Level	Type	Length	Width	Dimensions
Main Level	Office			9'7'' x 15'1''
Main Level	Kitchen			11'6'' x 9'11''
Main Level	Living Room			12'1'' x 9'11''
Main Level	Bedroom			10'10'' x 9'1''
Main Level	3pc Bathroom			5'10'' x 8'1''
Main Level	3pc Bathroom			6'3'' x 4'0''
Main Level	Foyer			6'7'' x 10'6''
Main Level	Laundry Room			10'7'' x 5'0''
Main Level	Bedroom			12'10'' x 10'6''
Main Level	Kitchen			8'10'' x 12'3''

https://www.realtor.ca/real-estate/28106281/1050-margaret-street-london