631 Elias ST, London East, ON N5W 3N5
631 Elias ST, London East, ON N5W 3N5
631 Elias ST, London East, ON N5W 3N5
631 Elias ST, London East, ON N5W 3N5
631 Elias ST, London East, ON N5W 3N5
631 Elias ST, London East, ON N5W 3N5
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Allan Abrigo

Allan Abrigo

+1(289) 806-2134
$ 464,000
Est. payment | /mo

3 Beds

2 Baths

Save
$ 464,000
Est. payment | /mo
Save

3 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision East G

MLS Listing ID X13614444

Style 1 1/2 Storey

Bedrooms 3

Annual Tax Amount $3,820

Tax Year 2026

Property Sub-Type Duplex

Property Description

Turnkey Investment Opportunity in Old East Village! This charming yellow brick duplex at 631 Elias Street is fully leased and cash-flowing from day one, offering a rare chance to add a hassle-free, income-producing property to your portfolio. Both units are occupied by reliable tenants, delivering $2,633/month in combined gross rent with tenants responsible for their own hydro and gas.The upper unit is a bright, spacious 2-bedroom with a unique layout: one bedroom on the main floor and a second bedroom upstairs. It's now leased at $1,550/month plus hydro and gas and features its own private laundry, electric baseboard heating, and the added comfort and charm of a gas fireplace.The lower unit is home to a reliable, long-term tenant currently paying $1,083/month, with its own separate laundry and forced-air gas heating.Both units are separately metered for hydro and gas, with tenants covering their own utilities. The owner pays water only, keeping expenses low and predictable.Recent updates take the guesswork out of ownership. The roof was redone in three phases between 2018 and 2021, the bathtub was refinished in 2023, a new washer was installed in 2023, a new gas fireplace insert was added in 2025, and the deck was rebuilt in 2026.With two stable tenancies in place, separately metered utilities, private laundry in each unit, and a strong list of recent updates, 631 Elias Street is ready for an investor to step in and start collecting rent immediately. No vacancy, no renovation, no delay. Ideally located close to downtown, public transit, schools, parks, and the shops, cafés, breweries, and restaurants that make Old East Village one of London's most exciting and evolving neighbourhoods.

Location

Province ON

County Middlesex

Area Middlesex

Rooms

Family Room No

Basement Unfinished

Kitchen 2

Interior

Interior Features In-Law Suite, In-Law Capability, Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Storage, Water Heater

Cooling Window Unit(s)

Fireplaces Type Fireplace Insert, Natural Gas

Fireplace Yes

Heat Source Electric

Exterior

Exterior Feature Deck, Porch

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 27.5

Lot Depth 150.0

Total Parking Spaces 5

Building

Building Age 100+

Unit Features Library,Park,Public Transit,School,School Bus Route

Foundation Concrete

Others

ParcelsYN No

Listed by THE REALTY FIRM INC.
Allan Abrigo

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(289) 806-2134

hello@allanabrigo.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Allan Abrigo, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

631 Elias ST