465 Second Street

About This Property

Rare opportunity to own a spacious bungalow on a 45.11 x 150.79 ft lot, ideally located within walking distance to Fanshawe College. This income-generating property features two self-contained units: the upper level offers 3 large bedrooms, a bright living room, separate laundry, and is currently rented for $2,050/month. The lower unit includes two private entrances, a full kitchen, bathroom, laundry, two bedrooms (one with a walk-in closet), an additional room suitable as an office or third bedroom, and a generous living area with oversized windows; existing tenants pay $1,700/month and are willing to stay. The deep backyard and existing structure present potential for an additional unit, making this an excellent opportunity for investors, first-time buyers, students, or families seeking strong rental income and future growth potential.