Duplex · For sale

434 Second Street, London East

$669,000

Listing brokerage: TEAM GLASSER REAL ESTATE BROKERAGE INC. · MLS® X13758698

Property report for this address · zoning, second units, flood, schools (public records)

Listing brokerage: TEAM GLASSER REAL ESTATE BROKERAGE INC.
Type: Duplex
Deal: For sale
Category: Residential · Multi-unit homes
Bedrooms: 8
Bathrooms: 4
Size: 1500-2000 sq ft
Lot: 54 x 88.01 ft
Area: East H
MLS® number: X13758698

Description

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.

The information provided herein is deemed reliable but is not guaranteed accurate by PROPTX.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

Public records · not part of the MLS® listing

Before you offer: public records for this address

What government open data says about 434 Second Street, London East. Looked up by address only; nothing here comes from the listing.

No record
Floodplain and conservation authority regulation
Not in a regulated area in the mapping we have
Mapping checked: TRCA, LSRCA, CVC, CLOCA, HCA. Other conservation authorities don't publish licensed open data; confirm with the one for this area.
No record
Oak Ridges Moraine
Outside the plan area
No record
Greenbelt
Outside the Greenbelt Plan area
Not available
Heritage status
London East doesn't publish its heritage register as open data
Ask the municipality whether the property is listed or designated under the Ontario Heritage Act.
No record
Contaminated-site records nearby
No federal records within 500 m
This inventory covers federal sites only; it is not a full environmental search.
Not available
Building permits on file for this address
We don't have open permit data for London East
Permit data we load: Toronto, Mississauga, Brampton. Ask London East's building department for the permit history.
No record
Active development applications within 250 m
None in the open data we load
No record
Upcoming projects within 1 km
None in public records we load
Not available
Water and sewer servicing
Published for York Region and Toronto only; not available here
Not available
Schools for this address
Ask the local school boards which schools serve this address

Questions to ask before you offer

From what the records above show. Your agent and lawyer can help with each.

Ask the seller for permits and final inspections for any renovation (finished basement, addition, second unit, deck), and ask London East for a building permit history search. We don't have open building-permit data for London East.

Full Property Report for this address · zoning, lot, transit, parks and more (public records)

Sources: Treasury Board of Canada Secretariat, Federal Contaminated Sites Inventory (Oct 31, 2026); City of Toronto, Building Permits – Active Permits (Oct 30, 2026); City of Toronto, Building Permits – Cleared Permits (Oct 30, 2026); City of Mississauga, Building Permits (issued since 2018) (Oct 1, 2026); City of Brampton, Building Permits (GeoHub) (Oct 31, 2026); City of Toronto, Development Applications (City Planning, Application Information Centre) (Oct 31, 2026); City of Toronto, Committee of Adjustment Applications (Active Applications) (Oct 31, 2026); City of Brampton, GeoHub, Planning_Land_Use_Development: OPA ZBA Subdivision, Draft Plan of Condo, Site Plan Approval, Minor Variance, Consent to Sever (Oct 31, 2026); York Region, Active Development Application Boundaries (York Region's review of applications in its nine municipalities) (Oct 27, 2026); Toronto and Region Conservation Authority, TRCA Regulated Area (Regulation Limit 2025, O. Reg. 41/24) (Apr 29, 2026).

Public records · not part of the MLS® listing

Before you offer: public records for this address

Looking up flood, heritage, permits and planning records…

434 Second Street, London East

Description

Before you offer: public records for this address

Floodplain and conservation authority regulation

Oak Ridges Moraine

Greenbelt

Heritage status

Contaminated-site records nearby

Building permits on file for this address

Active development applications within 250 m

Upcoming projects within 1 km

Water and sewer servicing

Schools for this address

Questions to ask before you offer

Before you offer: public records for this address

Before you offer: public records for this address

Floodplain and conservation authority regulation

Oak Ridges Moraine

Greenbelt

Heritage status

Contaminated-site records nearby

Building permits on file for this address

Active development applications within 250 m

Upcoming projects within 1 km

Water and sewer servicing

Schools for this address

Questions to ask before you offer