New Listing
18 Mcmahen Street,London East, ON N5Y 3A2
London East, ON N5Y 3A2
Description
Excellent opportunity for investors or owner occupiers at 18 McMahen Street.This property features two self contained living spaces, each with its own private entrance and laundry. The upper unit offers 3 bedrooms, 1 bathroom, a spacious living area, and a kitchen with granite countertops. The lower level features 2 bedrooms, 1 bathroom, and a completely renovated kitchen completed in 2026 with quartz countertops. With a total of 5 bedrooms and 2 bathrooms, the property offers plenty of flexibility and income potential. The property is currently vacant, allowing a new owner to set their own rents or occupy one of the units. Most recently, the upper unit was rented for $2,275/month and the lower unit for $1,550/month, providing a combined rental income of $3,825/month. Outside, you'll find parking for up to 4 vehicles, a fully fenced backyard, deck, and large storage shed. Located directly across from McMahen Park, this is a great opportunity to add a versatile property to your portfolio or live in one unit while generating income from the other. Roof replaced in 2020.
Details
| MLS # | X14155868 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 6 |
| Listing Provided By | THRIVE REALTY GROUP INC. | X14155868 396202 |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.11 |
| Water Front | None |
Interior
| Interior Features | In-Law Capability, In-Law Suite, Water Heater Owned |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Exterior Features | Porch |
|---|---|
| Roof | Shingles |
| Foundation Details | Poured Concrete |
| Topography | Flat |
| Construction Materials | Brick, Vinyl Siding |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private Double, Other |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 3973 |
|---|---|
| Tax Legal Description | LOT 28, PLAN 440(3RD) LONDON |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Middlesex |
| City | London East |
| Postal Code | N5Y 3A2 |
| Area | East G |
| Listing VS Median (in N5Y 3A2) | |
Price: $499,900 low | high Med: $0 On site: 6 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Middlesex |
| City | London East |
| Postal Code | N5Y 3A2 |
| Area | East G |
| Listing VS Median (in N5Y 3A2) | |
Price: $499,900 low | high Med: $0 On site: 6 low | high Med: | |
