988 PROSPERITY Court, London, Ontario N5V 5C7
$559,000.00
- 5 bedrooms
- 3 bathrooms
- 1,950 Square Feet
Investors & First-Time Buyers – Don’t Miss This Turnkey Opportunity Near Fanshawe College! 988 Prosperity Court, London | Around $4000 Monthly Income Potential | Fully Finished Basement with In-Law Suite. This versatile and income-generating 3+2 bedroom, 3-bathroom home located just steps from Fanshawe College. Whether you're an investor looking for solid monthly cash flow or a homeowner seeking a mortgage-helper potential, this home checks every box. Currently generating near $4000/month plus utilities, this property boasts a separate side entrance to a fully finished lower-level in-law suite, ideal for students, renters, or extended family. The ... read more
Investors & First-Time Buyers – Don’t Miss This Turnkey Opportunity Near Fanshawe College! 988 Prosperity Court, London | Around $4000 Monthly Income Potential | Fully Finished Basement with in-law suite. This versatile and income-generating 3+2 bedroom, 3-bathroom home located just steps from Fanshawe College. Whether you're an investor looking for solid monthly cash flow or a homeowner seeking a mortgage-helper potential, this home checks every box. Currently generating near $4000/month plus utilities, this property boasts a separate side entrance to a fully finished lower-level in-law suite, ideal for students, renters, or extended family. The basement features 2 bedrooms, a 3-piece bathroom, a roughed-in kitchenette, its own laundry, and private living space—perfect for maximizing rental income. The main floor offers an oversized living room with bay window, a 2-piece powder room, and a spacious kitchen with in-suite laundry. Patio doors lead to an impressive backyard—one of the largest in the area—complete with two storage sheds and plenty of outdoor space for tenants or future upgrades. Upstairs, you’ll find a large primary bedroom with walk-in closet, two additional generously sized bedrooms, and a full 4-piece bathroom. Recent updates include: Brand new gas furnace (May 2025), New flooring throughout, Updated light & bathroom fixtures, Newer washer and dryer. Located on a quiet cul-de-sac just minutes from public transit, shopping, and Fanshawe College, this property offers a prime location and strong investment fundamentals. Don't Miss it! (id:25417)
Price reduced $36,000 (6.05%) from the list price.
- Listing ID: 40814471
- Property Type: Single Family
- Year Built: 1998
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | Under 1/2 Acre Fence |
| Parking: | 4 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Dryer, Hood Fan, Refrigerator, Stove, Washer and Dishwasher |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
| Exterior: | Brick and Vinyl Siding |
| Basement: | Full (Finished) |
| Utilities: | Cable, Electricity, Natural Gas, Telephone, Municipal Water and Municipal Sewage System |
| Location | |
|---|---|
| City: | London |
| Province: | Ontario |
| Nearby Amenities: | Airport, Public Transit and Schools |
| Rooms | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Second level | Measurements not available |
| Bedroom | Second level | 11'5'' x 9'9'' |
| Bedroom | Second level | 10'10'' x 9'0'' |
| Primary Bedroom | Second level | 14'10'' x 11'5'' |
| Kitchen | Basement | 7'0'' x 5'0'' |
| 3pc Bathroom | Basement | Measurements not available |
| Bedroom | Basement | 17'6'' x 7'7'' |
| Bedroom | Basement | 9'0'' x 10'1'' |
| 2pc Bathroom | Main level | Measurements not available |
| Kitchen | Main level | 17'11'' x 15'7'' |
| Living room | Main level | 19'11'' x 10'10'' |
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