959 Prosperity Court London East, Ontario N5V 5C7

6 Bedroom 2 Bathroom 700 - 1,100 ft2
Bungalow Central Air Conditioning Forced Air Landscaped

$549,900

Excellent turnkey student rental opportunity located just 500 metres from the main gates of Fanshawe College. This fully renovated bungalow offers strong income potential in one of Londons most reliable & high demand rental markets, with close proximity to public transit, grocery stores, restaurants, parks, & major amenities along Oxford Street East & Highbury Avenue. This property also presents an ideal investment for parents with children attending Fanshawe College, offering the ability to house students while offsetting ownership costs with rental income. The main floor offers 3 bedrooms, a bright & sun filled living & dining area, & a full four piece bathroom with updated tub surround & quartz topped vanity. Recent renovations include luxury vinyl plank flooring throughout the living room, dining area, kitchen, hallway & bathroom, with the bedrooms finished in laminate flooring. Freshly painted throughout, the updated kitchen features high gloss Ikea cabinetry, quartz counters, & stainless steel fridge & stove.The lower level has also been fully updated & provides three additional bedrooms, a spacious living room, a three piece bathroom, & laundry area, all finished with luxury vinyl plank flooring. Updated light fixtures throughout complete the modernized interior. The exterior offers a stamped concrete driveway & walkway with parking for four vehicles, & a spacious fully fenced backyard ideal for tenant use. Major updates include shingles replaced in 2018 & a new furnace in 2025. The property has not been occupied since renovations were completed, allowing a new owner to start fresh with selecting their own tenants. Prior to updates the home was consistently rented, with the most recent rent at $3200 per month. With the extensive upgrades already completed, the property presents excellent potential for increased rents, strong cash flow, & long term investment value in a proven student rental location just steps from Fanshawe College. (id:38414)

Property Details

MLS® Number X12772200
Property Type Single Family
Community Name East D
Amenities Near By Public Transit, Park
Community Features Community Centre, School Bus
Equipment Type Water Heater - Gas, Water Heater
Features Cul-de-sac, Irregular Lot Size, Sump Pump
Parking Space Total 4
Rental Equipment Type Water Heater - Gas, Water Heater
Structure Porch, Patio(s), Shed

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 3
Bedrooms Total 6
Age 16 To 30 Years
Appliances Water Meter, Dryer, Stove, Washer, Refrigerator
Architectural Style Bungalow
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Fire Protection Smoke Detectors
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 700 - 1,100 Ft2
Type House
Utility Water Municipal Water

Parking

No Garage
Tandem

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Public Transit, Park
Landscape Features Landscaped
Sewer Sanitary Sewer
Size Depth 135 Ft
Size Frontage 39 Ft ,3 In
Size Irregular 39.3 X 135 Ft
Size Total Text 39.3 X 135 Ft
Zoning Description R1-3

Rooms

Level Type Dimensions
Basement Laundry Room 3.67 m x 3.02 m
Basement Bathroom 2.19 m x 1.72 m
Basement Family Room 7.69 m x 5.04 m
Basement Bedroom 3.37 m x 3.18 m
Basement Bedroom 3.82 m x 2.53 m
Basement Bedroom 3.82 m x 2.5 m
Main Level Living Room 6.66 m x 5.03 m
Main Level Kitchen 5.14 m x 2.46 m
Main Level Bedroom 3.92 m x 3.16 m
Main Level Bedroom 3.91 m x 2.6 m
Main Level Bedroom 2.91 m x 3.28 m
Main Level Bathroom 2.72 m x 1.45 m

Utilities

Cable Available
Electricity Installed
Sewer Installed

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