ID 647335

24 FAIRVIEW Court, London, Ontario N6C 2C5

24 FAIRVIEW Court, London, Ontario N6C 2C5

$669,900.00

  • 7 bedrooms
  • 2 bathrooms
  • 1,757 Square Feet

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 ... read more

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:25417)

  • Listing ID: 40608660
  • Property Type: Single Family
  • Year Built: 1952
Property
Ownership: Freehold
Lot Size: Under 1/2 Acre
Parking: None
8 Spaces
Building
Type: Single Family House
Appliances: Dryer, Refrigerator, Stove, Washer and Dishwasher
HVAC: Central Air Conditioning, Fireplace and Forced Air
Natural Gas (Fireplace is Wood)
Exterior: Brick
Basement: None
Utilities: Municipal Sewage System
Location
City: London
Province: Ontario
Nearby Amenities: Park and Quiet Area
Rooms Level Dimensions
Bedroom Second level 11'0'' x 10'0''
Bedroom Second level 11'0'' x 10'3''
Bedroom Second level 10'0'' x 9'0''
Primary Bedroom Second level 15'0'' x 11'0''
3pc Bathroom Basement Measurements not available
Kitchen Basement 6'0'' x 5'0''
Bedroom Basement 8'6'' x 9'9''
Bedroom Basement 8'0'' x 10'6''
Bedroom Basement 9'3'' x 10'7''
4pc Bathroom Main level Measurements not available
Living room Main level 15'0'' x 11'0''
Kitchen Main level 13'0'' x 11'0''

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24 FAIRVIEW Court, London, Ontario N6C 2C5
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This property, located on FAIRVIEW Court in London Ontario, was published on June 20th, 2024. See if this home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in London convenient.