Allan-John Boulanger

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24 FAIRVIEW COURT, London, Ontario

$679,999

7 Beds
2 Baths

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! (id:23309)

Listing ID: X10428077
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Bedroom 3	Second level	3.35 m x 3.12 m
Bedroom 4	Second level	3.35 m x 3.05 m
Kitchen	Basement	1.83 m x 1.52 m
Bathroom	Basement	1.25 m x 1.25 m
Bedroom 5	Basement	2.82 m x 3.23 m
Bedroom	Basement	2.44 m x 3.2 m
Bedroom	Basement	2.59 m x 2.97 m
Bedroom	Ground level	4.57 m x 3.35 m
Bedroom 2	Ground level	3.05 m x 2.74 m
Kitchen	Ground level	3.96 m x 3.35 m
Bathroom	Ground level	1.25 m x 1.25 m
Living room	Ground level	4.57 m x 3.35 m

Details

Architectural Style: Raised bungalow
Amenities Nearby: Public Transit, Place of Worship, Schools
Features: Flat site, Carpet Free, In-Law Suite
Ownership: Freehold
Parking Spaces: 8
Transaction: For sale
Zoning Description: R2-2

Building

Appliances: Range, Water Heater, Dishwasher, Dryer, Refrigerator, Two stoves, Washer
Architectural Style: Raised bungalow
BasementType: N/A (Finished)
Basement Development: Finished
Basement Features: Separate entrance
Bedrooms Main Level: 4
Bedrooms Lower Level: 3
Construction Style Attachment: Detached
Cooling: Central air conditioning, Ventilation system
Exterior Finish: Brick
Fireplace Present: False
Fire Protection: Smoke Detectors
Foundation: Poured Concrete
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1499.9875 - 1999.983 sqft
Stories Total: 1
Type: House
Utility Water: Municipal water

Land

Amenities: Public Transit, Place of Worship, Schools
Sewer: Sanitary sewer
Size Frontage: 79 ft ,9 in
Size Irregular: 79.8 x 216.9 FT

Listing provided by HOMELIFE/MIRACLE REALTY LTD
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 24 FAIRVIEW COURT in London Ontario. It was last modified on November 17th, 2024. Contact Allan-John Boulanger to schedule a viewing or to discover other London homes for sale.

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