Listed for:Listed Sep 4, 2026
$458,000

553 Quebec Street

London (East G), ON N5W 3Y9

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 553 Quebec Street, London, East G

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 553 Quebec Street, London, East G

Summarized Description

  • Turn-key legal duplex in Old East Village.
  • Generates $3,300/month in rental income.
  • Two spacious legal dwelling units available.
  • Recent updates including plumbing and electrical.
  • Close to downtown and public transport.
  • High-quality tenants in place.
  • Full unfinished basement for storage.
  • Ample parking available for tenants.

Amazing Investment Opportunity Located in the heart of London! This turn-key, low-maintenance **legal duplex** in Old East Village will be an amazing addition to your portfolio. Close to downtown, Western Fair Farmer's Market, and all amenities, including convenient bus routes to both Fanshawe College and Western University. Perfect for anyone looking for a spacious, cash-flowing investment or a mortgage helper to ease your payments.This building features **2 spacious legal dwelling units** and an extensive list of recent updates, including Three Hydro Meters and updated Electrical Panels (2022), Roof (2014), Siding/Eavestrough/Soffits/Fascia (2021), Updated Plumbing (2021), Furnace (2019), and Fence (2020-2021).In addition, there is coin-operated shared laundry, plenty of parking, separate entrances for both units, and a full unfinished basement offering ample storage and workshop space.Fully rented to high-quality A+ tenants, generating a total of **$3,300/month in rental income** - $1,650 for Unit 1 and $1,650 for Unit 2. A fantastic opportunity to own a well-maintained, income-generating property with **2 legal dwellings** in a desirable and convenient London location.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,537
Land Transfer Tax Fee
$5,635

Basement Type
Full, Unfinished

Interior Features

Interior Extras
Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Aluminum Siding, Brick
Roof
Asphalt Shingle
Foundation Details
Brick
Special Designation
Unknown

Lot

Lot Front
32.00 ft
Lot Depth
100.00 ft

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
4
Washrooms
2
Kitchens
2

Room sizes

  • Laundry—
  • Bathroom—
  • Bathroom—
  • Kitchen—
  • Bedroom 2—
  • Primary Bedroom—
  • Bedroom 3—
  • Dining Room—

Washrooms

  • 3-piece
  • 3-piece

Municipality
London
Neighbourhood
East G
Main cross streets
Elias
Directions
https://maps.app.goo.gl/g5RLDmULv4P2NPmj8

MLS® number
X13746224
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-04
Updated on
2026-09-04
Days on market
47 days
Possession date
2026-09-15
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
eXp Realty

Home Market Value

Current home valuation for 553 Quebec Street, London, East G, London, ON. Listed for $458,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 553 Quebec Street, London, East G

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
London, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$22,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$17,404$12,778$10,900$0
=Total mortgage
$452,504$424,978$400,200$366,400
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,209monthly$2,075monthly$1,954monthly$1,789monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$5,635

Total Land Transfer Tax

$5,635

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