24 FAIRVIEW Court London

24 FAIRVIEW Court, London, Ontario

$669,900

  • 7 Beds
  • 2 Baths
  • 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 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:23309)

  • Listing ID: 40608660
  • Property Type: Single Family
  • Year Built: 1952

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Rooms

LevelTypeDimensions
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''

Details

  • Amenities Nearby: Park
  • Community Features: Quiet Area
  • Equipment: Water Heater
  • Features: Southern exposure
  • Ownership: Freehold
  • Parking Spaces: 8
  • Rental Equipment: Water Heater
  • Transaction: For sale
  • Zoning Description: R2-2

Building

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • BasementType: None
  • Bedrooms Main Level: 4
  • Bedrooms Lower Level: 3
  • Constructed Date: 1952
  • Construction Style Attachment: Detached
  • Cooling: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace Fuel: Wood
  • Fireplace Present: True
  • Fireplace Total: 1
  • Fireplace Type: Other - See remarks
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1757 sqft
  • Stories Total: 1.5
  • Type: House
  • Utility Water: Municipal water

Land

  • Amenities: Park
  • Sewer: Municipal sewage system
  • Size Frontage: 80 ft
MLS®

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 24 FAIRVIEW Court in London Ontario. It was last modified on June 24th, 2024. Contact Scott Brubacher to schedule a viewing or to discover other London homes for sale.

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