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Home ON Greater London London South London
24 FAIRVIEW Court
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$699,999
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24 FAIRVIEW Court
London, Ontario N6C2C5

MLS® Number: 40485873
4 + 3
Bedrooms
2
Bathrooms
1108
Square Feet

Listing Description

Unlock Your Investment Potential! Welcome to this expansive, meticulously renovated by Sphinx Build offering the ultimate Rental opportunity and the potential to earn up to $7,000 per month. This versatile home boasts a Total of 7 Bedrooms And huge Lot Of 79.81 x 216.9 Feet with 4 Bedrooms on the Main Floor and an additional 3 Bedrooms in the newly renovated Basement. Each Floor features a complete living area, a fully equipped kitchen, and a Modern Bathrooms, Providing the perfect setup for Rental income, in-law suites, or multi-generational living. With a separate Entrance to the Basement, privacy and convenience are assured for you and your potential Tenants. Imagine the possibilities = live in one section while Renting out the other, or Maximize your returns by Leasing the entire property. But the investment advantages don’t end there. The property yields an impressive Cap rate of from 8 % to 11.2%. This strategic opportunity offers not only a comfortable home but also a pathway to financial success. In addition to the potential Rental income, The property features a durable Metal Roof, The newly extended and paved driveway, with space for up to 8 cars adds to the property’s Rental appeal, Making it a magnet for Tenants. Situated on a sprawling 216.9 Ft Lot, The Huge Backyard provides outdoor space for enjoyment, gardening, and relaxation. Don’t miss out on this unique investment opportunity! Schedule a showing today to experience firsthand the potential for lucrative returns and flexible living arrangements.Your journey to financial freedom begins here! (44978213)

Location Description

Fairview / Westminster

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1.5
Square Footage
1108 sqft
Subdivision Name
South H
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$3,225
Parking Type
None
Time on REALTOR.ca
533 days

Building

Bedrooms
Above Grade
4
Below Grade
3
Bathrooms
Total
2
Interior Features
Appliances Included
Dishwasher, Dryer, Refrigerator, Stove, Washer
Basement Type
None
Building Features
Features
Southern exposure
Style
Detached
Heating & Cooling
Cooling
Central air conditioning
Heating Type
(Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Quiet Area
Amenities Nearby
Park
Parking
Parking Type
None
Total Parking Spaces
8

Measurements

Square Footage
1108 sqft

Rooms

MetricImperial
Main level
Living room
Kitchen
4pc Bathroom
Second level
Primary Bedroom
Bedroom
Bedroom
Bedroom
Basement
Kitchen
Bedroom
Bedroom
Bedroom
3pc Bathroom

Land

Lot Features
Frontage
80 ft
Land Depth
217 ft
Other Property Information
Zoning Description
Residential
Data provided by: Cornerstone - Mississauga 3450 Ridgeway Dr #1, main building, Mississauga, Ontario L5L0A2

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