24 Fairview Crt, London, Ontario N6C 2C5
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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
Interior
Features
Ground Floor
Br
4.57 x 3.352nd Br
3.05 x 2.74Kitchen
3.96 x 3.35Bathroom
1.25 x 1.253 Pc Bath
Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 8