London, ON N6C2C5,24 FAIRVIEW COURT
London, ON N6C2C5,24 FAIRVIEW COURT
London, ON N6C2C5,24 FAIRVIEW COURT
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$679,999
Est. payment /mo
7 Beds
2 Baths
1,499 SqFt
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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

Waterfront 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


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Adam Vetter

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