24 FAIRVIEW COURT new Save Request In-Person Tour Request Virtual Tour
London,ON N6C2C5
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,499 sqft
Price per Sqft $453
Subdivision South I
MLS Listing ID X10428077
Style Raised bungalow
Bedrooms 7
Originating Board Toronto Regional Real Estate Board
Property Description
Explore this meticulously renovated home, presenting a lucrative investment opportunity with potential monthly earnings of up to $6,000. This expansive property boasts 7 bedrooms on a sizable lot of 79.81 x 216.9 feet. The main floor features 4 bedrooms, complemented by 3 additional bedrooms in the newly renovated basement. Each level includes complete living areas, fully equipped kitchens, and modern bathrooms, perfect for generating rental income, accommodating in-law suites, or multi-generational living. With a separate basement entrance ensuring privacy and convenience, the property offers flexibility live in one section while renting out the other, or maximize returns by leasing the entire space. Benefit from a strong cap rate ranging from 8% to 10%. Additional features such as a durable metal roof, an extended paved driveway for 8 cars, and a spacious backyard enhance rental appeal. Positioned on an expansive lot, this property not only provides a comfortable residence but also promises a path to financial success. Schedule a showing today to witness the potential for profitable returns and adaptable living arrangements your journey to financial freedom begins here! (id:24570)
Location
Province ON
Rooms
Extra Room 1 Second level 3.35 m X 3.12 m Bedroom 3
Extra Room 2 Second level 3.35 m X 3.05 m Bedroom 4
Extra Room 3 Basement 1.83 m X 1.52 m Kitchen
Extra Room 4 Basement 1.25 m X 1.25 m Bathroom
Extra Room 5 Basement 2.82 m X 3.23 m Bedroom 5
Extra Room 6 Basement 2.44 m X 3.2 m Bedroom
Interior
Heating Forced air
Cooling Central air conditioning,Ventilation system
Exterior
Garage No
View Y/N No
Total Parking Spaces 8
Private Pool No
Building
Story 1
Sewer Sanitary sewer
Architectural Style Raised bungalow
Others
Ownership Freehold