Size
-
Lot size
4103 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$340 - $425
Taxes
$6,219.42 (2025)
Parking Type
-
Style
2-Storey
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Description
Investor Alert! Rare Opportunity To Own A Cash-Flow Positive, Fully Upgraded Detached 2-Storey Home With A Brand New Legal Basement Apartment In The Highly Desirable Summerside Area Of London. This Income-Generating Property Features 4+2 Bedrooms, 5 Bathrooms, And Over 3,100 Sq. Ft Of Total Finished Living Space Ideal For Investors Or Buyers Looking To House Hack By Living Upstairs And Renting The Basement. The Main Unit Offers 4 Spacious Bedrooms, 3 Bathrooms, Main Floor Laundry With New Washer And Dryer, A Bright Open Layout, Brand New Engineered Hardwood Flooring, Fresh Paint, A Modern Kitchen With New Stove And Fridge, And New Quartz Countertops, Perfect For Large Families Or Strong Rental Income (Estimated Rent: $2,800$3,200/Month). The Legal Basement Apartment, Completed In January 2025 , Features 2 Bedrooms, 2 Bathrooms, A Separate Living Area, Private Laundry, And A Full Kitchen With New Appliances (Fridge, Stove, Range Hood). It Is Currently Rented At $1,700/Month To Excellent Tenants. With A Double-Car Garage And A Total Of 4 Parking Spaces, This Property Is Low-Maintenance And Move-In Ready Ideal For Both Passive Investors And Hands-On Homeowners. Located Just 5 Minutes From Hwy 401, Walking Distance To Public Transit And Meadowgate Park, And Close To Multiple Parks, Sports Courts, Trails, And Top-Rated Schools, This Is A Family-Friendly And Tenant-Attractive Neighbourhood. Whether You're House Hacking Or Building Your Rental Portfolio, This Dual-Income Home Delivers Immediate Cash Flow, Legal Peace Of Mind, And Long-Term Appreciation. Book Your Private Showing Today Opportunities Like This Don't Last!
Broker: EXECUTIVE REAL ESTATE SERVICES LTD.
MLS®#: X12265840
Property details
Parking:
4
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
2000-2500 sqft
Lot front:
36 Ft
Lot depth:
111 Ft
Listed on:
Jul 6, 2025
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Rooms
Level | Name | Size | Features |
---|---|---|---|
Main | Family Room | 10.9 x 20.9 ft | |
Basement | Bedroom | 11.6 x 9.4 ft | |
Main | Breakfast | 10.5 x 10.8 ft |
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Instant estimate:
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$5,098
higher than listed pricei
High
$896,487
Mid
$855,088
Low
$811,553
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