24 Fairview Court, London, Ontario

$679,999

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7

Beds

2

Baths

About 24 Fairview Court

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:36535)

Features of 24 Fairview Court

Listing # X10428077
Price $679,999
Bedrooms 7
Bathrooms 2.00
Acres 0.00
Type Single Family
Sub-Type Freehold
Style Raised bungalow

Community Information

Address 24 Fairview Court
Subdivision South I
City London
Province Ontario
Postal Code N6C2C5

Amenities

Amenities Public Transit, Place of Worship, Schools
Features Flat site, Carpet Free, In-Law Suite
Parking Spaces 8
Is Waterfront No
Has Pool No

Interior

Appliances Range, Water Heater, Dishwasher, Dryer, Refrigerator, Two stoves, Washer
Heating Natural gas Forced air
Cooling Central air conditioning, Ventilation system
Fireplace No
# of Stories 1
Has Basement Yes
Basement Separate entrance

Exterior

Exterior Brick
Lot Description 79.8 x 216.9 FT
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of RJ SHARMA Of HOMELIFE/MIRACLE REALTY LTD

Listing Map