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165 Thurman Circle London, Ontario N5V 4Z1

6 Bedroom 2 Bathroom 1499.9875 - 1999.983 sqft
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 (2020), 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:38414)

Property Details

MLS® Number X11986342
Property Type Single Family
Community Name East G
AmenitiesNearBy Hospital, Park, Public Transit, Schools
CommunityFeatures Community Centre
EquipmentType Water Heater
ParkingSpaceTotal 4
RentalEquipmentType Water Heater
Structure Porch, Deck

Building

BathroomTotal 2
BedroomsAboveGround 3
BedroomsBelowGround 3
BedroomsTotal 6
Appliances Garage Door Opener Remote(s), Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
ArchitecturalStyle Raised Bungalow
BasementDevelopment Finished
BasementType Full (finished)
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick
FireProtection Smoke Detectors
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 1499.9875 - 1999.983 Sqft
Type House
UtilityWater Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
FenceType Fenced Yard
LandAmenities Hospital, Park, Public Transit, Schools
Sewer Sanitary Sewer
SizeDepth 105 Ft
SizeFrontage 41 Ft
SizeIrregular 41 X 105 Ft
SizeTotalText 41 X 105 Ft
ZoningDescription R1

Rooms

Level Type Dimensions
Lower Level Bedroom 5.18 m x 3.35 m
Lower Level Bedroom 3.96 m x 3.35 m
Lower Level Bedroom 3.81 m x 3.75 m
Lower Level Great Room 5.48 m x 4.57 m
Main Level Living Room 4.26 m x 3.65 m
Main Level Kitchen 4.57 m x 3.04 m
Main Level Dining Room 4.26 m x 3.65 m
Main Level Bedroom 3.81 m x 3.75 m
Main Level Bedroom 3.56 m x 3.5 m
Main Level Bedroom 2.97 m x 2.76 m

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February 24 2025 11:21:06

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