$799,000
1 WOODLAND PLACE
Beds
5
Baths
3
Sqft
—
Year
—
Type
Multi-family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for London South (South F). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Welcome to this beautifully updated licensed duplex in the heart of Wortley Village, one of London's most desirable neighbourhoods. This turn-key income property generates over $55,000 (gross rent) annually, making it a fantastic opportunity for investors or homeowners looking for added rental income. The main unit features 4 bedrooms (2 up, 2 down), a fully finished basement with laundry, and a charming three-season sunroom with exposed brick-the perfect place to relax with your morning coffee. The upper unit offers a stylish 1-bedroom layout with two separate entrances, its own modern kitchen, and ensuite laundry, providing privacy and independence. Both units have been thoughtfully renovated with contemporary finishes, including matte black fixtures, and include new appliances (2022). The home is also equipped with a high-efficiency Lennox furnace and A/C (2022). On seperate Hydro meters. Located steps to Wortley Village shops, cafés, restaurants, parks, and minutes to downtown, this is a rare opportunity to own a fully updated duplex in an unbeatable location. Book your private showing today. Pictures are from previous listing and when seller first purchased property. (id:65958)
- Subtype
- Multi-family
- Structure
- Duplex
- Community
- South F
- Lot dimensions
- 90 x 62.5 FT
- Bedrooms
- 3 above grade, 2 below grade
- Parking
- 5 total
- Stories
- 1.5
- Fireplace
- 1
- On market
- Mar 20, 2026
- Status changed
- Apr 25, 2026
- Annual tax
- $6,639 (2025)
- Zoning
- R2-2
- Photos
- 47
- MLS#
- X12902696
- Area
- LONDON_SOUTH_(SOUTH_F)
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Utilities
Cash on cash
-6.64%
Cap rate
3.54%
GRM
16.6
Break-even rent
$4,930
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 25, 2026.