$669,900 - 353 Oxford Street, London East
Multi-Family for Sale in London East
44 days on market- MLS Number
- X13089630
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 44
- Bedrooms
- 9
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London East
- Listing Brokerage
- CENTURY 21 FIRST CANADIAN CORP
Welcome to 353 Oxford St E! A rare opportunity to secure a high-yield, income-generating asset in one of London, Ontario's most strategically positioned corridors. This spacious duplex features two large units (4-bedroom and 5-bedroom), purpose-built to maximize rental income and attract strong, consistent tenant demand. With separate metering already in place, this property offers streamlined operations and clear expense management, ideal for investors focused on efficiency and scalability. The size and layout of each unit create exceptional flexibility for premium rents, student housing, or multi-family configurations.What truly sets this property apart is its OC4 commercial zoning, unlocking a wide range of future possibilities. Whether you're looking to hold for cash flow, reposition for higher returns, or explore mixed-use or redevelopment potential, this asset delivers both immediate income and long-term upside.Positioned just minutes from downtown London, and in close proximity to Western University and University Hospital, the location ensures a steady pipeline of tenants including students, professionals, and healthcare workers. Rear parking adds further convenience and rental appeal. Opportunities offering this combination of scale, zoning flexibility, and location-driven demand are increasingly rare.Secure your position in one of London's high-demand rental corridors, book your private showing today!
Estimate your monthly payments for this property
Estimated Payment
$3,436.93/mo
Includes CMHC insurance ($18,690)
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.
353 Oxford 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 $609/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 44 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.
Excellent Flexibility
With 9 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London East.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: London East properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,791 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.