Size
-
Lot size
3842 sqft
Street frontage
-
Possession
Immediate
Price per sqft
$320 - $426
Taxes
$3,650 (2024)
Parking Type
-
Style
Backsplit 4
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Description
Exceptional Investment Opportunity: Spacious 5+1 Bedroom, 4-Level Back Split Home Steps from Fanshawe College, Located in one of London's most sought-after rental areas, this City of London licensed Rental Property is a prime asset for any investor. Just a 2-minute walk to Fanshawe College, this home boasts a strong rental history with zero vacancies, tenants are consistently secured well ahead of the academic year. Property Features: Second Floor: Offers 3 generously sized bedrooms and a 4-piece bathroom, providing comfort and privacy for residents. Main Floor: Features a bright and airy open-concept layout with a spacious great room, kitchen, dining, and breakfast area, perfect for shared living. Lower Level: Includes a private side entrance, 2 additional bedrooms, and a 3-piece bathroom, ideal for separate tenant access. The basement Houses a sixth bedroom with brand-new flooring, offering flexible space for additional tenants, There are 2 additional rooms in the basement for Laundry room and a storage room. Recently refreshed with a full interior paint job and various updates throughout, the home is move-in ready and currently vacant, making showings easy. Additional Highlights: Strong monthly rental potential of over $4,500 and the new owner can set the lease terms. Fully fenced yard and an attached single-car garage with ample parking space for 2 vehicles on the driveway. Move in ready for immediate occupancy, Live in upper level and possibly rent out lower level as a mortgage buddy. A rare opportunity in a high-demand location near public transit, shopping, and all amenities. Don't miss out on this turnkey, high-income property in an unbeatable location!
Broker: RE/MAX ICON REALTY
MLS®#: X12185112
Property details
Parking:
3
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Backsplit 4
MLS Size:
1500-2000 sqft
Lot front:
32 Ft
Lot depth:
117 Ft
Listed on:
May 30, 2025
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Lower | Bathroom | 6.0 x 6.2 ft | |
Main | Bathroom | 5.5 x 11.2 ft | |
Lower | Bedroom 5 | 16.2 x 10.7 ft |
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Instant estimate:
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$11,125
lower than listed pricei
High
$658,274
Mid
$627,875
Low
$595,908
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