Frontside or backside of a home, cottage for 24 Fairview Crt, London Ontario N6C 2C5
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Home with vinyl exterior material for 24 Fairview Crt, London Ontario N6C 2C5
3 days on Market

24 Fairview Crt, London, Ontario N6C 2C5

$679,999
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Detached
4 + 3
2
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$396/sqft

Est. Mortgage$2,920/mo

Tax Amount (2023)$3,225/yr

Days On Market3 days


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 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!


Property Details

StyleBungalow-Raised
View-
Age of property51-99
SqFt~1500-2000 SqFt
Lot Size17,310 SqFt(216.9 x 79.81)
Parking Spaces8
MLS ®NumberX10428077
Community NameSouth London
Data SourceTRREB

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished, Sep Entrance

Ground Floor

Br

4.57 x 3.35

2nd Br

3.05 x 2.74

Kitchen

3.96 x 3.35

Bathroom

1.25 x 1.25

3 Pc Bath


Features

Lot size: 17,310 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property listed by HOMELIFE/MIRACLE REALTY LTD, Brokerage
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