6 Bedroom
2 Bathroom
1,500 - 2,000 ft2
Raised Bungalow
Central Air Conditioning
Forced Air
$789,900
Prime Investment Opportunity Legal 6-Bedroom Raised Ranch Near Fanshawe College! Located in an A+ rental location, this legal 6-bedroom raised ranch is a turnkey investment with a proven track record of high demand. Just a short walk to Fanshawe College, this property has never experienced a vacancy, consistently renting well in advance of the school year.Featuring high ceilings in the basement, updated flooring, and a new furnace & A/C (2024), Washer and Dryer (2022) this home is well-maintained. With tenants currently paying utilities, this investment generates $4,800/month ($57,600 annually), offering a cash flow of $1,370/month with 25% down and a 30-year amortization. Leases are secured until May 1, 2026, ensuring stability and peace of mind for investors.A rare find in an unbeatable locationdont miss out on this high-income, low-vacancy rental property! (id:61594)
Property Details
|
MLS® Number
|
X11986342 |
|
Property Type
|
Single Family |
|
Community Name
|
East G |
|
Amenities Near By
|
Hospital, Park, Public Transit, Schools |
|
Community Features
|
Community Centre |
|
Equipment Type
|
Water Heater |
|
Parking Space Total
|
4 |
|
Rental Equipment Type
|
Water Heater |
|
Structure
|
Porch, Deck |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Below Ground
|
3 |
|
Bedrooms Total
|
6 |
|
Appliances
|
Garage Door Opener Remote(s), Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer |
|
Architectural Style
|
Raised Bungalow |
|
Basement Development
|
Finished |
|
Basement Type
|
Full (finished) |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick |
|
Fire Protection
|
Smoke Detectors |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
1,500 - 2,000 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Fence Type
|
Fenced Yard |
|
Land Amenities
|
Hospital, Park, Public Transit, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
105 Ft |
|
Size Frontage
|
41 Ft |
|
Size Irregular
|
41 X 105 Ft |
|
Size Total Text
|
41 X 105 Ft |
|
Zoning Description
|
R1 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Lower Level |
Bedroom |
5.18 m |
3.35 m |
5.18 m x 3.35 m |
|
Lower Level |
Bedroom |
3.96 m |
3.35 m |
3.96 m x 3.35 m |
|
Lower Level |
Bedroom |
3.81 m |
3.75 m |
3.81 m x 3.75 m |
|
Lower Level |
Great Room |
5.48 m |
4.57 m |
5.48 m x 4.57 m |
|
Main Level |
Living Room |
4.26 m |
3.65 m |
4.26 m x 3.65 m |
|
Main Level |
Kitchen |
4.57 m |
3.04 m |
4.57 m x 3.04 m |
|
Main Level |
Dining Room |
4.26 m |
3.65 m |
4.26 m x 3.65 m |
|
Main Level |
Bedroom |
3.81 m |
3.75 m |
3.81 m x 3.75 m |
|
Main Level |
Bedroom |
3.56 m |
3.5 m |
3.56 m x 3.5 m |
|
Main Level |
Bedroom |
2.97 m |
2.76 m |
2.97 m x 2.76 m |
https://www.realtor.ca/real-estate/27947649/165-thurman-circle-london-east-g
