18 McMahen Street, London East

18 McMahen Street, London East

$499,900

5 bed · 2 bath · Detached

MLS®#: X14155868 · Status: New

Listed by: THRIVE REALTY GROUP INC.

About this property

Excellent opportunity for investors or owner occupiers at 18 McMahen Street.This property features two self contained living spaces, each with its own private entrance and laundry. The upper unit offers 3 bedrooms, 1 bathroom, a spacious living area, and a kitchen with granite countertops. The lower level features 2 bedrooms, 1 bathroom, and a completely renovated kitchen completed in 2026 with quartz countertops. With a total of 5 bedrooms and 2 bathrooms, the property offers plenty of flexibility and income potential. The property is currently vacant, allowing a new owner to set their own rents or occupy one of the units. Most recently, the upper unit was rented for $2,275/month and the lower unit for $1,550/month, providing a combined rental income of $3,825/month. Outside, you'll find parking for up to 4 vehicles, a fully fenced backyard, deck, and large storage shed. Located directly across from McMahen Park, this is a great opportunity to add a versatile property to your portfolio or live in one unit while generating income from the other. Roof replaced in 2020.

Photos (40)

Photo 2Photo 3Photo 4Photo 5Photo 6Photo 7Photo 8Photo 9Photo 10Photo 11Photo 12Photo 13Photo 14Photo 15Photo 16Photo 17Photo 18Photo 19Photo 20Photo 21Photo 22Photo 23Photo 24Photo 25Photo 26Photo 27Photo 28Photo 29Photo 30Photo 31Photo 32Photo 33Photo 34Photo 35Photo 36Photo 37Photo 38Photo 39Photo 40

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.

The information provided herein is deemed reliable but is not guaranteed accurate by PropTx Innovations Inc. or the Toronto Regional Real Estate Board.