ON > London
London, ON N6C 2C5,24 Fairview CT
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London, ON N6C 2C5,24 Fairview CT
London, ON N6C 2C5,24 Fairview CT
London, ON N6C 2C5,24 Fairview CT
London, ON N6C 2C5,24 Fairview CT
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Mathan Markandu

Mathan Markandu

+1(416) 888-5730
$ 679,999
Est. payment /mo
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24 Fairview CT London, ON N6C 2C5

4 Beds

2 Baths

UPDATED:

11/17/2024 06:09 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X10428077

Style Bungalow-Raised

Bedrooms 4

Annual Tax Amount $3,225

Tax Year 2023

Property Description

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!

Location

State ON

County Middlesex

Area South I

Rooms

Family Room No

Basement Finished, Separate Entrance

Kitchen 2

Separate Den/Office 3

Interior

Interior Features Ventilation System, In-Law Suite, Carpet Free, Countertop Range, Primary Bedroom - Main Floor, Water Heater

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Garage Private Double

Garage Spaces 8.0

Pool None

Waterfront No

Waterfront Description None

View Trees/Woods, Garden, Creek/Stream

Roof Type Asphalt Shingle

Topography Flat

Total Parking Spaces 8

Building

Unit Features Public Transit,Place Of Worship,School

Foundation Poured Concrete

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

Listed by HOMELIFE/MIRACLE REALTY LTD

Mathan Markandu

+1(416) 888-5730

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24 Fairview CT