$699,900
123 MILL STREET
Beds
5
Baths
2
Sqft
—
Year
—
Type
Single Family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for London East (East F). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Make sense with your dollars...superb investment opportunity or live-in with income describes this brick century home in fabulous core rental area. This legal duplex boasts a two bedroom one bath main floor unit with high ceilings, classic original trim and a spacious updated eat in kitchen, plus a generous living area and two sun-filled bedrooms. The upper three bedroom one bath unit is equally updated and also offers ample space in the living area and bedrooms. Both units have in suite laundry. Separate hydro meters and most windows replaced. The property could easily be converted back to a single family home or live in one unit and have the other assist with your mortgage. Vacant so you can move right in or choose your future tenants. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- East F
- Common interest
- Freehold
- Lot dimensions
- 40.4 x 63.5 FT
- Bedrooms
- 5 above grade
- Parking
- 3 total
- Stories
- 2
- Fireplace
- 1
- On market
- Mar 27, 2026
- Status changed
- Apr 20, 2026
- Annual tax
- $6,924
- Zoning
- R3-1
- Photos
- 36
- MLS#
- X12927724
- Area
- LONDON_EAST_(EAST_F)
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Community
View
Utilities
Security
Cash on cash
-6.75%
Cap rate
3.51%
GRM
16.7
Break-even rent
$4,329
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 20, 2026.