988 PROSPERITY Court new Save Request In-Person Tour Request Virtual Tour
London,ON N5V5C7
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,950 sqft
Price per Sqft $327
Subdivision East D
MLS Listing ID 40755123
Style 2 Level
Bedrooms 5
Half Baths 1
Year Built 1998
Property Sub-Type Freehold
Source Cornerstone - Waterloo Region
Property Description
Investors & First-Time Buyers – Don't Miss This Turnkey Opportunity Near Fanshawe College! 988 Prosperity Court, London | Around $4000 Monthly Income Potential | Fully Finished Basement with In-Law Suite. This versatile and income-generating 3+2 bedroom, 3-bathroom home located just steps from Fanshawe College. Whether you're an investor looking for solid monthly cash flow or a homeowner seeking a mortgage-helper potential, this home checks every box. Currently generating near $4000/month plus utilities, this property boasts a separate side entrance to a fully finished lower-level in-law suite, ideal for students, renters, or extended family. The basement features 2 bedrooms, a 3-piece bathroom, a roughed-in kitchenette, its own laundry, and private living space—perfect for maximizing rental income. The main floor offers an oversized living room with bay window, a 2-piece powder room, and a spacious kitchen with in-suite laundry. Patio doors lead to an impressive backyard—one of the largest in the area—complete with two storage sheds and plenty of outdoor space for tenants or future upgrades. Upstairs, you'll find a large primary bedroom with walk-in closet, two additional generously sized bedrooms, and a full 4-piece bathroom. Recent updates include: Brand new gas furnace (May 2025), New flooring throughout, Updated light & bathroom fixtures, Newer washer and dryer. Located on a quiet cul-de-sac just minutes from public transit, shopping, and Fanshawe College, this property offers a prime location and strong investment fundamentals. Don't Miss it! (id:24570)
Location
State ON
Rooms
Kitchen 2.0
Extra Room 1 Second level Measurements not available 3pc Bathroom
Extra Room 2 Second level 11'5'' x 9'9'' Bedroom
Extra Room 3 Second level 10'10'' x 9'0'' Bedroom
Extra Room 4 Second level 14'10'' x 11'5'' Primary Bedroom
Extra Room 5 Basement 7'0'' x 5'0'' Kitchen
Extra Room 6 Basement Measurements not available 3pc Bathroom
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features No
Fence Fence
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Architectural Style 2 Level
Others
Ownership Freehold