$449,900 - 10 LINWOOD Street, London East
Multi-Family for Sale in London East
39 days on market- MLS Number
- X13109966
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 39
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London East
- Listing Brokerage
- ROYAL LEPAGE TRILAND REALTY
Fantastic investment opportunity in the desirable Bellwood area! This licensed, legal non-conforming duplex offers two spacious 2-bedroom, 1-bathroom units and is completely vacant, giving the new owner the rare opportunity to choose their own tenants and set current market rents. Estimated rental income is approximately $1,750/month for the main floor unit and $1,600/month for the upper unit. The main floor unit features a bright, oversized living room with plenty of space for a home office setup, a separate dining room with new vinyl flooring, and two well-sized bedrooms. The updated kitchen offers some ample new cabinetry and countertops, a peninsula with seating potential, and an open-concept layout to the dining area-perfect for entertaining. The upper unit includes two bedrooms, a comfortable living room, updated kitchen with new cabinetry and countertop, and a refreshed bathroom featuring new flooring and vanity. Throughout the home, many light fixtures have been recently updated, and most windows are vinyl for low-maintenance living. Additional features include separate heat and hydro utilities, a durable metal roof, and a covered carport for convenient parking. Whether you are looking to add to your investment portfolio or live in one unit while renting the other, this versatile property offers excellent income potential and flexibility in a sought-after neighbourhood close to Fanshawe College, shopping, and other amenities.
Estimate your monthly payments for this property
Estimated Payment
$2,308.22/mo
Includes CMHC insurance ($12,552)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover London East
London East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in London East
- •Convenient location in London East
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
London East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
10 LINWOOD Street, London East
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $409/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 39 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to London East. Good resale value as demand remains consistent.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.