For Sale: 153 Hale Street, London, ON - REW
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$649,900
6 bd • 4 ba • 2500 - 2999 sf • Multifamily
153 Hale Street
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$649,900
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153 Hale StreetLondon, ON, N5W 1E5

Hamilton Road
  • 6 Bed
  • 4 Bath
  • 2500 - 2999 Sqft
  • Multifamily

About this home

$4,804/month in current rent, two substantially updated units, a City of London rental licence, separate hydro, and a 40 x 415 ft lot. 153 Hale Street delivers income from day one, with a property profile that gives investors plenty to consider for the future. Zoned R1-6, this tenanted duplex features two self-contained units, each with in-unit laundry and access to its own half of the detached garage. The front unit offers two bedrooms upstairs plus a third main-floor bedroom, along with a partially finished basement offering plenty of additional space. The rear unit has two upper-level bedrooms, a main-floor den or office, and generous basement space. Both units have been extensively updated, including newer kitchens and bathrooms. For buyers looking to maximize the property over time, the additional basement spaces are well worth considering for expanded living or other uses. Then there's the lot. At 40 x 415 ft, its exceptional depth adds another dimension to the investment. Even more interesting, the neighbouring property, which has a similarly deep lot, is currently also available for sale. For investors or developers taking a longer-term view, the combination presents an interesting opportunity to explore future redevelopment potential. Both units are currently tenanted with total current rent of $4,804 per month as of September 1. Collect the income today while you investigate what this property could offer tomorrow. (id:63626)
Listed by: KRISTEN CLOWRY, Sales Representative, Real Broker Ontario Ltd.

Home facts and features

Price details
List Price
$649,900
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Gross Taxes for 2025
$5,700
Home facts
Bedrooms
6
Full Bathrooms
4
Parking Spaces
7
Parking Details
Garage, Detached Garage
Property Type
Multifamily
Depth
412.5 feet
Frontage
40.0 feet
Exterior Finish
Aluminum siding
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Partially finished, Full
Appliances
Dishwasher, Dryer, Two Refrigerators, Two Washers, Two stoves, Water meter
Community
Agent details
Primary Agent
KRISTEN CLOWRY
Primary Broker
Real Broker Ontario Ltd.
Listing details
Days on REW
1 Day
MLS® Number
X13731914
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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Property Insights

Fairmont Public School
  • Public
  • JK - 8
St Bernadette School
  • Catholic
  • JK - 8
Ealing Public School
  • Public
  • JK - 8
Tweedsmuir Public School
  • Public
  • JK - 8
Holy Cross School
  • Catholic
  • JK - 8
Prince Charles Public School
  • Public
  • JK - 8
Princess Anne French Immersion Public School
  • Public
  • K - 8
Trafalgar Public School
  • Public
  • JK - 8
St Pius X School
  • Catholic
  • JK - 8
St Sebastian School
  • Catholic
  • JK - 8
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Sales Representative
KRISTEN CLOWRY
Phone:
(519) 672-9880
Office:
888-311-1172
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