24 FAIRVIEW COURT, London, Ontario N6C 2C5
$679,999.00
- 7 bedrooms
- 2 bathrooms
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: X10428077
- Property Type: Single Family
| Property | |
|---|---|
| Style: | Raised Bungalow |
| Ownership: | Freehold |
| Lot Size: | 79.8 by 216.9 FT |
| Parking: | 8 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Dishwasher, Dryer, Refrigerator, Two Stoves, Washer, Water Heater and Range |
| HVAC: | Central Air Conditioning, Fireplace, Forced Air and Ventilation System Natural Gas |
| Exterior: | Brick |
| Basement: | N/A (Finished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | London |
| Province: | Ontario |
| Nearby Amenities: | Place Of Worship, Public Transit and Schools |
| Rooms | Level | Dimensions |
|---|---|---|
| Bedroom 3 | Second level | 3.35 m x 3.12 m |
| Bedroom 4 | Second level | 3.35 m x 3.05 m |
| Kitchen | Basement | 1.83 m x 1.52 m |
| Bathroom | Basement | 1.25 m x 1.25 m |
| Bedroom 5 | Basement | 2.82 m x 3.23 m |
| Bedroom | Basement | 2.44 m x 3.2 m |
| Bedroom | Basement | 2.59 m x 2.97 m |
| Bedroom | Ground level | 4.57 m x 3.35 m |
| Bedroom 2 | Ground level | 3.05 m x 2.74 m |
| Kitchen | Ground level | 3.96 m x 3.35 m |
| Bathroom | Ground level | 1.25 m x 1.25 m |
| Living room | Ground level | 4.57 m x 3.35 m |
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