24 FAIRVIEW Court

London, Ontario, N6C2C5, Canada

$669,900

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!

EXTRAS: Southern exposure

Last updated on : Wednesday 18th of September 2024 06:00:00 PM

ADDRESS

Street : 24 FAIRVIEW Court

City : London

Province : Ontario

Country : Canada

Postal Code : N6C2C5

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PROPERTY SUMMARY

Property ID : 40608660

Building Type : House, Detached

Property Type : Single Family

Bedrooms : 4 + 3

Bathrooms : 2

Parking : 8

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