165 THURMAN Circ, London East, Ontario N5Z 4V1
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Highlights
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Price/Sqft$606/sqft
Monthly cost
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+8
Properties sold*
$638K
Median sold price*
*Based on last 30 days
Description
Prime Investment Opportunity Legal 6-Bedroom Raised Ranch Near Fanshawe College! Located in an A+ rental location, this legal 6-bedroom raised ranch is a turnkey investment with a proven track record of high demand. Just a short walk to Fanshawe College, this property has never experienced a vacancy, consistently renting well in advance of the school year.Featuring high ceilings in the basement, updated flooring, and a new furnace & A/C (2024), Washer and Dryer (2022) this home is well-maintained. With tenants currently paying utilities, this investment generates $4,800/month ($57,600 annually), offering a cash flow of $1,370/month with 25% down and a 30-year amortization. Leases are secured until May 1, 2026, ensuring stability and peace of mind for investors.A rare find in an unbeatable locationdont miss out on this high-income, low-vacancy rental property!
Property Details
Interior
Features
Main Floor
Living
4.26 x 3.65Kitchen
4.57 x 3.04Dining
4.36 x 3.65Br
3.81 x 3.75Exterior
Features
Parking
Garage spaces 1
Garage type Attached
Other parking spaces 2
Total parking spaces 3
Property History
30
