Home with vinyl exterior material, street for 988 Prosperity Crt, London Ontario N5V 5C7
22 hours on Market

988 Prosperity Crt, London, Ontario N5V 5C7

Detached
3 + 2
3 + 1
~1950 sqft
$595,000
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Detached
3 + 2
3 + 1
~1950 sqft

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Highlights

Property Estimate

Days on market22 hours

Estimated valueNot available

Price/Sqft$305/sqft

Monthly cost

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Description

Investors & First-Time Buyers – Don’t Miss This Turnkey Opportunity Near Fanshawe College! 988 Prosperity Court, London | Around $4000 Monthly Income Potential | Fully Finished Basement with In-Law Suite. This versatile and income-generating 3+2 bedroom, 3-bathroom home located just steps from Fanshawe College. Whether you're an investor looking for solid monthly cash flow or a homeowner seeking a mortgage-helper potential, this home checks every box. Currently generating near $4000/month plus utilities, this property boasts a separate side entrance to a fully finished lower-level in-law suite, ideal for students, renters, or extended family. The basement features 2 bedrooms, a 3-piece bathroom, a roughed-in kitchenette, its own laundry, and private living space—perfect for maximizing rental income. The main floor offers an oversized living room with bay window, a 2-piece powder room, and a spacious kitchen with in-suite laundry. Patio doors lead to an impressive backyard—one of the largest in the area—complete with two storage sheds and plenty of outdoor space for tenants or future upgrades. Upstairs, you’ll find a large primary bedroom with walk-in closet, two additional generously sized bedrooms, and a full 4-piece bathroom. Recent updates include: Brand new gas furnace (May 2025), New flooring throughout, Updated light & bathroom fixtures, Newer washer and dryer. Located on a quiet cul-de-sac just minutes from public transit, shopping, and Fanshawe College, this property offers a prime location and strong investment fundamentals. Don't Miss it!


Property Details

StyleTwo Story
View-
Age of property1998
SqFt~1950 SqFt
Lot Size5,650 SqFt(153.87 x 36.72)
Parking Spaces4
MLS ®Number40814471
Community NameHuron Heights
Data SourceITSO
Listing bySMART FROM HOME REALTY LIMITED

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Separate Entrance, Walk-Up Access, Full, Finished, Sump Pump

Main Floor

Living Room

6.07 x 3.30

Kitchen

5.46 x 4.75

Bathroom

2-Piece


Features

Lot size: 5,650 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by SMART FROM HOME REALTY LIMITED, Brokerage
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Market Data - Huron Heights

Geo Zone Map ThumbnailHuron Heights

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

55 days

Compared to

2025

26 days

2024

30 days

2023

24 days

New Listings

Past 30 days

16 listings

Compared to

2025

15 listings

2024

16 listings

2023

14 listings

Units sold

Past 30 days

8 units

Compared to

2025

7 units

2024

14 units

2023

14 units

Median Sold Price

Past 30 days

$487,000

Compared to

2025

$521,000

2024

$617,500

2023

$720,000


Population and Demographics

Overview

Total population 22645
Average household income $94,713

Age (%)

0 to 19
21%
20 to 34
25%
35 to 49
18%
50 to 64
20%
65 and plus
16%

Household composition (%)

Single family
61%
Single person
30%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
77%
Others
4%
Assyrian Neo-Aramaic
3%
Vietnamese
3%
Tagalog (Pilipino, Filipino)
3%
Arabic
2%
Khmer (Cambodian)
1%
Spanish
1%
Polish
1%
Portuguese
1%

House tenancy (%)

Owners
53%
Renters
47%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget