1515 Dylan Street, London East, ON N5V 0B9
London East, ON, N5V 0B9 · East D
About this property
Legal Secondary Dwelling Unit with Lookout Basement - Prime Investment Opportunity Discover 1515 Dylan St, London-a detached residence offering exceptional dual-living potential. Occupy the upper level while generating income from the lower unit, or maximize rental returns by leasing both levels to offset mortgage obligations or achieve full rental income. This well-appointed home features a generous main floor layout encompassing living, dining, and kitchen spaces. The upper level comprises four bedrooms, including a luxurious master suite with ensuite bathroom, plus a shared washroom and laundry facilities. The main floor showcases an open-concept design enhanced by hardwood flooring, premium quartz kitchen countertops, high-end stainless steel appliances, a center island, and a powder room. The lookout basement offers a 9-foot ceiling height and independent entrance, complete with dedicated laundry facilities, a spacious master bedroom with closet storage, and a full kitchen. The property includes a stone double-wide driveway accommodating two vehicles, supplemented by a two-car garage. Current Occupancy: The upper level and basement are presently tenant-occupied and require a minimum 24-hour notice for viewings. Upper level tenants will vacate by the end of November 2026, while basement tenants maintain a month-to-month lease arrangement.** Tenant in the process of packing for moving out** - professional move out cleaning will be done before move in** Strategic Location: Situated just 10 minutes from Western University and 5 minutes from Fanshawe College, the property provides convenient access to Food Basics, Shoppers Drug Mart, diverse dining options, Walmart, hospital facilities, Veterans Memorial Parkway, Fanshawe Conservation Area, and numerous elementary, secondary, public, and Catholic educational institutions.
Features & Amenities
- Basement: Apartment, Full, Separate Entrance
- Garage: Attached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Concrete Poured, Shingle
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 2-Storey |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Lot Size | 4,284 Feet |
| Basement | Apartment, Full, Separate Entrance |
| Garage | Attached |
| Parking Spaces | 2 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $4,694 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Sump Pump, Water Heater
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Concrete Poured, Shingle
- Foundation Details
- Poured Concrete
- Roof
- Asphalt Shingle
- Basement
- Apartment, Full, Separate Entrance
- Approximate Age
- 0-5
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Attached
- Garage
- Yes
- Parking Spaces
- 2
- Parking Total
- 4.00
- Parking Features
- Private Double
- Covered Spaces
- 2
Lot & Land
- Lot Size Area
- 4284.03
- Lot Size Units
- Feet
- Lot Depth
- 106.80
- Lot Width
- 40.13
- Lot Irregularities
- 106.79 ft x 40.13ft x 106.80ft x 40.13ft
Community & Neighborhood
- Property Features
- Golf, Greenbelt/Conservation, Hospital, Library, Park, Place Of Worship
Financial & Tax
- Tax Annual Amount
- $4,694
- Tax Year
- 2025
- Tax Assessed Value
- $280,000
- Possession Type
- Flexible
- Possession Details
- 60/90 days/Flexible.
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 5
- Rooms Below Grade
- 2
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 4
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Middlesex
- Cross Street
- Killaly Road/Highbury Avenue Road North
- Directions
- From Highbury Avenue North, make a right onto Killaly Road, then take a left onto Edge Valle
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
1515 Dylan Street, London East, ON N5V 0B9, London East, ON, N5V 0B9