For Sale: 578 Waterloo Street, London, ON - REW
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$699,900
5 bd ba 1872 sf Multifamily

578 Waterloo StreetLondon, ON, N6B 2P9

Central London
  • 5 Bed
  • Bath
  • 1872 Sqft
  • Multifamily

About this home

THIS IS THE ONE THAT YOU HAVE BEEN WAITING FOR! Stunning turn-key DUPLEX located in the heart of the historic Woodfield district. This beautifully maintained property has been renovated from top to bottom without losing any of its original character and charm. An amazing investment opportunity offering a lucrative return on investment. Perfect for an owner occupied. Live in one unit and have the tenant pay your mortgage! Both units feature high ceilings, stained glass windows, impressive woodwork and gleaming hardwood flooring throughout. Updated kitchens with newer appliances included. Main floor 3 bedroom unit currently rented for $2,400/month plus hydro. Upper floor 2 bedroom unit currently rented for $1,950/month plus hydro (Commencing May 2026). Both A+ tenants. Basement currently rented as storage for $200/month. Convenient in suite laundry. Separate entrances for additional privacy between units. Oversized private concrete driveway with parking for 3 cars. Zoning: R3-2 (allows up to 4 units for potential increased income), OC2 permits for a variety of uses including commercial opportunities. Ideally located within close proximity to great schools, restaurants, public transit, Canada Life Place, Fanshawe College-Downtown Campus, Victoria Park and great shopping along Richmond Row. Time to stop thinking about owning income property and finally call yourself an investor. Do not miss this opportunity to build your real estate portfolio! (id:63626)
Listed by: CARLO CASTELLANI, Sales Representative, CENTURY 21 FIRST CANADIAN CORP

Home facts and features

Price details
List Price
Gross Taxes for 2026
$5,331
Home facts
Bedrooms
5
Full Bathrooms
Parking Spaces
3
Property Type
Multifamily
Depth
165 feet
Frontage
33.0 feet
Heating Type
Forced air, Natural gas
Community
Agent details
Primary Agent
CARLO CASTELLANI
Primary Broker
CENTURY 21 FIRST CANADIAN CORP
Listing details
Days on REW
153 Days
Property Views
95
MLS® Number
X12666316
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

London Central Secondary School
  • Public
  • 9 - 12
Catholic Central High School
  • Catholic
  • 9 - 12
St Georges Public School
  • Public
  • JK - 8
H B Beal Secondary School
  • Public
  • 9 - 12
St Mary School
  • Catholic
  • 5 - 8
St Michael School
  • Catholic
  • JK - 8
Jeanne-Sauvé Public School
  • Public
  • K - 8
Ryerson Public School
  • Public
  • JK - 8
Aberdeen Public School
  • Public
  • JK - 8
St. John French Immersion School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-08.