5 Front Street

Nestled in the vibrant community of South F, this unique property at 5 Front Street, London presents a rare opportunity for the discerning buyer. This Multi-Family Home for sale in London is zoned as a duplex, allowing for three bedrooms per unit, which totals a maximum of six bedrooms across the property. However, it's important to note that the Upper Thames River Conservation Authority has specific regulations in place, meaning that the property cannot utilise more than three bedrooms per duplex unit. This stipulation offers a fascinating challenge for potential buyers who are willing to work closely with the city of London and the conservation authority to revert the property back to a conforming duplex.

The current layout of this Multi-Family Home for sale in London does not include any bedrooms or additional rooms, which presents a blank canvas for creative minds. The property features six bathrooms, which is quite a rarity, making it an appealing prospect for those looking to accommodate multiple families or guests. Although there is no kitchen or family room, the expansive potential of the space allows for the possibility of customisation to suit your needs. The absence of a kitchen may seem like a limitation, but it provides an exciting opportunity for the new owner to design a culinary space that reflects their personal taste and lifestyle.

One of the notable features of this property is the presence of a fireplace, adding a touch of warmth and charm to the living environment. The Multi-Family Home for sale in London is unfurnished, allowing you to style it according to your preferences. With no central vacuum system or air conditioning, buyers may wish to consider their options for heating and cooling, particularly given the other amenities the property offers.

While the exterior of the property is described as having no particular features, the potential for enhancement is vast. The private double-wide driveway provides ample parking space for up to four vehicles, which is a significant advantage in a bustling area like London. However, it is worth noting that there is no garage space available. The property is situated on less than half an acre of land, which, while modest, is sufficient for creating a delightful outdoor space or garden.

The location of 5 Front Street, London is particularly advantageous. Conveniently located on a bus route, residents can enjoy easy access to downtown London, whether it be via a quick bike ride or a drive. This accessibility makes the Multi-Family Home for sale in London an ideal choice for those who wish to enjoy the vibrancy of city life while residing in a peaceful community setting.

It’s essential for potential buyers to be aware that the basement and top floor are not permitted for use and must be stripped of electrical heating and plumbing by the new owner. This requirement may seem daunting, but previously approved plans are available for the new buyer to replicate with their planner, making the transition smoother.

As this property is being sold under Power of Sale, it is important to note that everything is sold "as is, where is," without any representations or warranties. This aspect may appeal to buyers who are looking for a project or investment opportunity in London.

In conclusion, the Multi-Family Home for sale in London at 5 Front Street, London, offers an intriguing blend of potential and challenges. With its unique zoning, spacious bathrooms, and prime location, it is a property that invites creativity and vision. Whether you are looking to invest or create a multi-family dwelling, this property could be the perfect fit for you. Don’t miss out on this exceptional opportunity!

South F, nestled in the vibrant city of London, is a dynamic and diverse area that offers a unique blend of urban living and green spaces. Characterised by its eclectic mix of residential properties, from charming Victorian terraces to modern apartments, South F boasts a rich cultural tapestry, with an array of shops, cafes, and restaurants reflecting the multicultural essence of the city. The area is well-connected by public transport, making it easy to explore the wider attractions of London while enjoying a more relaxed, local atmosphere. With parks and recreational facilities nearby, South F provides an inviting environment for families and young professionals alike, making it an appealing choice for those looking to settle in the capital.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Tecumseh Public School, just 0.5 km away, offering elementary education from JK to Grade 8 with a school rating of 3.9. London South Collegiate Institute, a secondary school for grades 9 to 12, is only 0.7 km from the property and boasts a commendable rating of 5.7. For families interested in French-language education, Princess Elizabeth Public School, located 1.7 km away, provides elementary education in French with a strong rating of 6.2. Additionally, St. Martin Catholic School and Catholic Central High School, both offering Catholic education, are situated within 1.1 km and 1.6 km, respectively, although they currently have a rating of 0. For further options, Sir Wilfrid Laurier Secondary School and St. Anthony French Immersion Catholic School are also accessible, though they are a bit farther away. Overall, the proximity to a variety of schools, including both public and Catholic options, enhances the appeal of this property for potential buyers looking for a family-friendly neighborhood.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 470 residents, with an average household size of 1.8. The community is relatively young, with an average age of 38.3 years. The average household income stands at $60,400, although a significant portion, 22.4%, falls below the low-income threshold. The housing market reflects an average property price of $560,000, with a notable 78% of residents renting rather than owning their homes. The area has a high percentage of single individuals, comprising 63.86% of the population, while households with children account for 22.73%. Additionally, immigrants make up 18.75% of the community, contributing to its diverse demographic. Educational attainment is high, with 59.21% of residents holding a college or university degree. However, the labor force participation is concerning, as 39.47% of the population is not actively engaged in the workforce. The area does not have any condominiums, indicating a potential gap in the housing market for this type of accommodation. Overall, the community presents a mix of educationally inclined individuals and a significant rental market, with challenges related to income and employment.