For sale

$685,000

Est. $2,893/mo

•

4 ba

•

View

sq ft

434 Second St, London, ON N5W 4T1

About this home

An excellent investment opportunity with proven cash flow, this fully tenanted 8-bedroom duplex near Fanshawe College offers immediate rental income and an attractive cap rate of over 6% based on current rental revenue and estimated operating expenses. The property consists of two self-contained 4-bedroom, 2-bathroom units, each featuring a private entrance, in-suite laundry, its own furnace and central air conditioning, and separately metered hydro. Current annual gross rental income is approximately $53,000, with an estimated net operating income of approximately $44,000. Located just steps from Fanshawe College, the property sits in one of London's strongest student and workforce rental markets, supporting consistent tenant demand and long-term investment appeal. Additional features include individual HVAC systems for each unit, internet and cable wiring in every bedroom, and a 12 x 10 shed with a steel roll-up door for convenient additional storage. An incredible opportunity to purchase a fully leased, income-producing asset offering immediate cash flow in one of London's most established rental locations.

Multi-familyProperty Type

4,753 sq ftLot Size

7 spacesParking

Listing updated: Jul 20, 2026 at 08:16pm

Redfin checked: a minute ago

•Source:TREB #X13586434

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Nearby open houses (10)

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3 beds4 baths— sq ft
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OPEN SAT, 11AM TO 1PM
$525,000
2 beds2 baths— sq ft
131 Bond St, London, ON N6C 1W6
OPEN SAT, 1PM TO 3PM
$569,900
3 beds3 baths— sq ft
95 Tecumseh Ave E, London, ON N6C 1S1
OPEN SAT, 2PM TO 4PM
$899,900
4 beds2 baths— sq ft
3049 Petty Rd, London, ON N6E 1L7
OPEN SAT, 2PM TO 4PM
$879,900
5 beds3 baths— sq ft
47 Robinson Lane, London, ON N5X 3V3
OPEN SAT, 2PM TO 4PM
$409,990
3 beds3 baths— sq ft
1786 Attawandaron Rd Unit 10, London, ON N6G 3N1
OPEN SAT, 2PM TO 4PM
$559,000
4 beds3 baths— sq ft
958 Battery Pk, London, ON N6H 0J7
OPEN SAT, 2PM TO 4PM
$539,900
4 beds1 bath— sq ft
190 Vancouver St, London, ON N5W 4R7
OPEN SUN, 2PM TO 4PM
$644,000
4 beds2 baths— sq ft
82 Lacey Cres, London, ON N6E 2E7

Around this home

Schools
Places
Transit

1.0km

Franklin D Roosevelt Public School

Public, JK-8 • Assigned

1.4km

Clarke Road Secondary School

Public, 9-12 • Assigned

Provided by Local Logic

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior

Kitchen

Bathroom

Bedroom

Living

Interior features
Finished basement
Other interior features

Heating & cooling
Natural gas heating with forced air
Central air conditioning

Sale and tax history for 434 Second St

Sale History
Tax History

Date

Event

Price

TREB #X13586434

Jul 20, 2026

Listed

$685,000

TREB #X12045262

Jun 28, 2025

Delisted

—

Mar 27, 2025

Listed

$829,900

+44

This Well-Maintained, Legally Licensed Duplex Offers An Excellent Investment Opprotunity In London, Ontario. Just Minutes From Fanshawe College. The Property Features Two Spacious Units, Each With 4 Bedrooms And 2 Bathrooms, Providing Ample Space. With Separate Entrances For Each Unit, This Duplex Offers Privacy And Convenience. Completely Converted Into A Legal Duplex In 2010, It Has Been Meticulously Updated To Meet Standards. The Property Is Ideally Located Near Bus Routes, Shopping, Essential Amenities, And Numerous Employement Opportunities, Making It A Highly Desiable Location For Renters. With A Total Of 8 Bedrooms And 4 Bathrooms, This Turnkey Investment Is Perfect For Investors Looking To Capitalize On The London, Ontario Market. Schedule Your Showing Today!!

CREA #1

Nov 26, 2020

Price Changed

$634,900

Oct 27, 2020

Price Changed

$649,900

TREB #X7502669

Jul 13, 2006

Listed

$169,900

TREB #X7414450

Feb 22, 2006

Listed

$169,900

TREB #X7832738

Aug 29, 2005

Listed

$175,000

TREB #X7827561

Sep 10, 2004

Listed

$174,900

TREB #X7412172

Aug 27, 2004

Listed

$184,900

Public record

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Finished Sq. Ft.

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Unfinished Sq. Ft.

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Style

Single Family Residential

Region

Middlesex County

Parking Spaces

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Basement

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Accessible

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Garage

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Last updated by owner on Dec 22, 2022.

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About this home

See this home in person

Nearby open houses (10)

Around this home

Lifestyle

Property details

Sale and tax history for 434 Second St

Public record

Nearby similar homes

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