24 Fairview Court , London, ON N6C 2C5
London, ON N6C 2C5
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 flexibilitylive 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 arrangementsyour journey to financial freedom begins here!
Details
| MLS# | 40608660 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 108 |
| Listing Provided By | HOMELIFE MIRACLE REALTY MISSISSAUGA | Ranjan Sharma |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,108 |
| Zoning | R2-2 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Middlesex |
| City | London |
| Postal Code | N6C 2C5 |
| Area | South |
| Subarea | South H |
| Community Name | South H |
| Listing VS Median (in South H) | |
Price: $669,900 low | high Med: $449,900 SqFt: 1,108 low | high Med: 700 $ / SqFt: $605 low | high Med: $643 On Site: 108 low | high Med: 355.000000 | |
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