24 FAIRVIEW COURT London

24 FAIRVIEW COURT, London, Ontario

$669,900

  • 7 Beds
  • 2 Baths

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: X9045432
  • Property Type: Single Family

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Rooms

LevelTypeDimensions
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

Details

  • Architectural Style: Raised bungalow
  • Amenities Nearby: Public Transit, Place of Worship, Schools
  • Equipment: Water Heater
  • Features: Flat site, Carpet Free, In-Law Suite
  • Ownership: Freehold
  • Parking Spaces: 8
  • Rental Equipment: Water Heater
  • Transaction: For sale
  • Zoning Description: R2-2

Building

  • Appliances: Range, Water Heater, Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Architectural Style: Raised bungalow
  • BasementType: N/A (Finished)
  • Basement Development: Finished
  • Basement Features: Separate entrance
  • Bedrooms Main Level: 4
  • Bedrooms Lower Level: 3
  • Construction Style Attachment: Detached
  • Cooling: Central air conditioning, Ventilation system
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Foundation: Poured Concrete
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1499.9875 - 1999.983 sqft
  • Stories Total: 1
  • Type: House
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit, Place of Worship, Schools
  • Sewer: Sanitary sewer
  • Size Frontage: 79 ft ,9 in
  • Size Irregular: 79.8 x 216.9 FT
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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 July 18th, 2024. Contact Brad Sauve to schedule a viewing or to discover other London homes for sale.

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