980 Lorne Ave

East G, London East, Ontario N5W 3L3

For Sale · MLS® X14101078 · TRREB MLS®
5
Beds
3
Baths
2000-2500
Sqft
2
Parking
Duplex
Type

Description

LEGAL DUPLEX DETACHED DOUBLE GARAGE HOME WITH CHARACTER, INCOME POTENTIAL & OPPORTUNITY IN EAST LONDON. Welcome to 980-982 Lorne Avenue, a charming yellow-brick duplex offering original character, flexible living space and plenty of potential! Situated on a generous approximately 45 x 140 ft lot, this property features two separately addressed units, beautiful original hardwood floors, high baseboards, distinctive architectural details and inviting covered porches. The spacious main unit at 980 Lorne offers three bedrooms plus an additional room in an addition, currently used as a fourth bedroom and heated by a plug-in electric fireplace. The second unit at 982 Lorne features one bedroom, making this an appealing opportunity for investors, multi-generational living or buyers looking to occupy one unit while generating rental income from the other .Outside, enjoy a mature, tree-lined property with established gardens, outdoor entertaining areas and a detached double garage with rear-lane access. Conveniently located near downtown London, shopping, restaurants, parks, public transit and everyday amenities. A property filled with character and possibilities! Bring your vision and discover the potential of this unique East London investment opportunity.

01 / Property recordListing details

Key Facts

MLS® #
X14101078
Board
TRREB MLS®
Days on market
Tax
$4,862
Size
2000-2500 sqft
Lot
45 × 140 Feet
Parking
2 Detached, 5 Parking

Listing History

Buy/Sell history for 980 Lorne Ave, London East, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
N/AN/A$409,000N/AFor SaleX14101078

Estimated Market Value

Estimated value requires sign in

AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

Property Details

Property

Property Type
Duplex
Style
1 1/2 Storey
Community
East G
Municipality
London East

Inside

Bedrooms
5
Bathrooms
3
Bathroom Detail
1, 4pc, Ground
Bathroom Detail
1, 4pc, Ground
Bathroom Detail
1, 3pc, 2nd
Basement Type
Exposed Rock
Kitchens
2

Utilities

Water
Municipal
Cooling
None
Heating Type
Forced Air

Building

Size
2000-2500 sqft
Construction
Brick

Parking

Driveway
Lane, Private, Rt-Of-Way, Front Yard
Garage Type
Detached
Garage
2
Add. Parking
3
Total Parking
5

Land

Sewer
Sewers
Lot Size
45 × 140 Feet
Lot Size Code
Feet

Additional

Year built
100+
Foundation
Block, Concrete, Concrete Block, Brick
Roof
Asphalt Shingle
Fireplace
N
Pool
None
Den
N
Family room
N

Rooms (12)

Family (3.57 × 7.68)

Combined W/Dining · W/O To Patio

Level: Ground

Br (2.44 × 2.87)

Level: Ground

Kitchen (2.95 × 4.12)

Skylight

Level: Ground

2nd Br (3.38 × 4.33)

Level: Ground

2nd Br (3.54 × 5.12)

Skylight

Level: 2nd

Sitting (2.44 × 2.13)

Skylight

Level: 2nd

Living (4.27 × 5.18)

Level: 2nd

Foyer (3.54 × 3.35)

Side Door · Staircase

Level: 2nd

Br (2.74 × 5.49)

Combined W/Office

Level: Ground

Kitchen (3.66 × 3.96)

Level: Ground

Living (4.18 × 4.57)

Level: Ground

Foyer (1.59 × 3.54)

Level: Ground

Location

Comparable Sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

02 / Plan your numbersTools

Mortgage Tools

Mortgage calculator

20%

Monthly Payment

$1,875

  • Down payment$81,800
  • Mortgage amount$327,200
  • Total interest$235,300
  • Total cost$644,300

Cash flow analysis

$1,875

Total monthly payment

$2,280

Break-even down payment

100%

Cash flow-$2,280
03 / Community profileNeighbourhood demographics

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04 / Local performanceMarket details

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$409,000

$409,000

CAD

Estimated market value

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