Size
-
Lot size
4305 sqft
Street frontage
-
Possession
30-59 days
Price per sqft
$527 - $718
Taxes
$4,389 (2024)
Parking Type
-
Style
Bungalow-Raised
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Description
Prime Investment Opportunity Legal 6-Bedroom Raised Ranch Near Fanshawe College! Located in an A+ rental location, this legal 6-bedroom raised ranch is a turnkey investment with a proven track record of high demand. Just a short walk to Fanshawe College, this property has never experienced a vacancy, consistently renting well in advance of the school year.Featuring high ceilings in the basement, updated flooring, and a new furnace & A/C (2024), Washer and Dryer (2022) this home is well-maintained. With tenants currently paying utilities, this investment generates $4,800/month ($57,600 annually), offering a cash flow of $1,370/month with 25% down and a 30-year amortization. Leases are secured until May 1, 2026, ensuring stability and peace of mind for investors.A rare find in an unbeatable locationdont miss out on this high-income, low-vacancy rental property!
Broker: SUTTON GROUP - SELECT REALTY
MLS®#: X11986342
Property details
Parking:
4
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Bungalow-Raised
MLS Size:
1100-1500 sqft
Lot front:
41 Ft
Lot depth:
105 Ft
Listed on:
Feb 24, 2025
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Main | Bedroom | 12.5 x 12.3 ft | |
Main | Kitchen | 15.0 x 10.0 ft | |
Lower | Bedroom | 12.5 x 12.3 ft |
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Instant estimate:
orto view instant estimate
$14,064
lower than listed pricei
High
$813,398
Mid
$775,836
Low
$736,335
1/20
$679,000
24 days
3BD
3BA
6 Parking
1,100-1,500 sqft
MLS#: X12087003
ROYAL LEPAGE TRILAND REALTY
1/49
$759,000
47 days
3+2BD
3BA
5 Parking
1,100-1,500 sqft
MLS#: X12037995
STREETCITY REALTY INC.
1/32
$679,000
19 days
5BD
2BA
5 Parking
1,100-1,500 sqft
MLS#: X12093757
RE/MAX CENTRE CITY REALTY INC.