Home with vinyl exterior material, street for 24 Fairview Crt, London South Ontario N6C 2C5
9 hours on Market

24 Fairview Crt, London South, Ontario N6C 2C5

Detached
4 + 3
2
~700-1100 sqft
$575,000
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Detached
4 + 3
2
~700-1100 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$672/sqft

Est. Mortgage$2,469/mo

Tax Amount (2025)$4,000/yr

Days On Market9 hours


Description

Presenting an exceptional income-generating property with remarkable flexibility and rental potential. Nestled on a generous 79.81 x 216.9-foot lot, this expansive home features 7 bedrooms and a thoughtfully designed layout to suit a variety of living or investment needs.The main floor offers 4 spacious bedrooms, while the newly renovated basement includes 3 additional bedrooms, each level boasting complete living areas, fully equipped kitchens, and modern bathrooms. This setup is ideal for maximizing rental income, providing comfortable in-law suites, or supporting multi-generational living.A separate basement entrance enhances privacy and convenience, allowing you to live in one section while renting out the other, or fully lease both levels to achieve maximum returns. Key Features: Potential rental income up to $4,500/month, Durable metal roof for long-lasting protection, Extended paved driveway accommodating up to 8 vehicles, Spacious backyard for added tenant appeal and outdoor enjoyment Flexible living arrangements to suit investors, families, or multi-generational households. Positioned on a large, desirable lot, this property offers not only a comfortable place to call home but also a promising path to financial success. Schedule your private showing today seize this opportunity to secure profitable returns and enjoy the benefits of adaptable living. Your journey to financial freedom begins here!


Property Details

StyleBungalow-Raised
View-
Age of property51-99
SqFt~700-1100 SqFt
Lot Size17,310 SqFt(216.9 x 79.81)
Parking Spaces8
MLS ®NumberX12202209
Community NameSouth London
Data SourceTRREB
Listing byHOMELIFE/MIRACLE REALTY LTD

Features

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

Bsmt Floor

Kitchen

1.52 x 1.83

5th Br

4.3 x 3.07

Br

4.03 x 3.12

Br

3.35 x 3.07


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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Market Data - South London

Geo Zone Map ThumbnailSouth London

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

14 days

Compared to

2024

16 days

2023

18 days

2022

10 days

New Listings

Past 30 days

38 listings

Compared to

2024

16 listings

2023

17 listings

2022

28 listings

Units sold

Past 30 days

18 units

Compared to

2024

11 units

2023

13 units

2022

20 units

Median Sold Price

Past 30 days

$705,000

Compared to

2024

$596,000

2023

$600,000

2022

$651,500


Population and Demographics

Overview

Total population 14566
Average household income $107,372

Age (%)

20 to 34
26%
50 to 64
21%
35 to 49
20%
65 and plus
18%
0 to 19
16%

Household composition (%)

Single person
50%
Single family
44%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
91%
Others
3%
Spanish
2%
French
1%
Arabic
1%

House tenancy (%)

Renters
60%
Owners
40%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget