London N5V 4Z1 Ontario
MLS: X11986342
Added 4 hours ago | For Sale
Listed by: SUTTON GROUP - SELECT REALTY
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!
| Rooms | Dimensions | Description |
|---|---|---|
| Living | 4.26 X 3.65 | - |
| Kitchen | 4.57 X 3.04 | - |
| Dining | 4.26 X 3.65 | - |
| Br | 3.81 X 3.75 | - |
| Br | 3.56 X 3.5 | - |
| Br | 2.97 X 2.76 | - |
| Br | 5.18 X 3.35 | - |
| Br | 3.96 X 3.35 | - |
| Br | 3.81 X 3.75 | - |
| Great Rm | 5.48 X 4.57 | - |
| Community | Average Price | Difference | Avg Days On Market |
|---|---|---|---|
| East L | $291,300 |
-49.90%
|
25 |
| East K | $330,000 |
-32.32%
|
74 |
| South I | $422,000 |
-3.48%
|
13 |
| East G | $436,667 | Selected | 39 |
| East M | $464,429 |
5.98%
|
25 |
| East F | $487,550 |
10.44%
|
36 |
| North N | $507,500 |
13.96%
|
12 |
| East C | $521,842 |
16.32%
|
38 |
| East H | $525,321 |
16.88%
|
27 |
| East Q | $543,750 |
19.69%
|
64 |
| East N | $555,500 |
21.39%
|
6 |
| East O | $555,625 |
21.41%
|
31 |
| East P | $559,000 |
21.88%
|
31 |
| South T | $575,000 |
24.06%
|
48 |
| South D | $577,100 |
24.33%
|
35 |
| South E | $580,500 |
24.78%
|
22 |
| East J | $585,000 |
25.36%
|
20 |
| East I | $588,547 |
25.81%
|
24 |
| South F | $607,773 |
28.15%
|
38 |
| North K | $610,000 |
28.42%
|
63 |
| South X | $611,750 |
28.62%
|
26 |
| South Y | $612,135 |
28.66%
|
19 |
| South P | $617,500 |
29.28%
|
21 |
| South HH | $619,999 |
29.57%
|
30 |
| East A | $636,210 |
31.36%
|
35 |
| East D | $639,143 |
31.68%
|
33 |
| North F | $646,667 |
32.47%
|
40 |
| South S | $647,400 |
32.55%
|
29 |
| North J | $650,000 |
32.82%
|
11 |
| South Q | $652,941 |
33.12%
|
41 |
| South J | $663,333 |
34.17%
|
27 |
| North I | $678,656 |
35.66%
|
27 |
| North H | $702,000 |
37.80%
|
34 |
| South O | $719,000 |
39.27%
|
35 |
| North P | $720,000 |
39.35%
|
194 |
| South R | $730,000 |
40.18%
|
10 |
| South N | $736,000 |
40.67%
|
54 |
| North O | $749,900 |
41.77%
|
7 |
| North M | $777,273 |
43.82%
|
17 |
| North E | $777,850 |
43.86%
|
39 |
| South M | $779,200 |
43.96%
|
43 |
| North D | $784,750 |
44.36%
|
37 |
| North C | $790,117 |
44.73%
|
13 |
| South G | $792,981 |
44.93%
|
29 |
| South U | $808,667 |
46.00%
|
35 |
| North G | $816,444 |
46.52%
|
26 |
| South W | $847,833 |
48.50%
|
37 |
| East B | $852,425 |
48.77%
|
41 |
| South C | $863,000 |
49.40%
|
20 |
| North S | $865,739 |
49.56%
|
43 |
| South L | $878,333 |
50.28%
|
36 |
| North B | $887,467 |
50.80%
|
34 |
| South K | $932,463 |
53.17%
|
45 |
| North A | $942,000 |
53.64%
|
41 |
| North L | $975,480 |
55.24%
|
25 |
| North Q | $1,012,000 |
56.85%
|
9 |
| South V | $1,141,826 |
61.76%
|
48 |
| South B | $1,272,250 |
65.68%
|
36 |
| South A | $1,373,008 |
68.20%
|
207 |
| North R | $1,644,320 |
73.44%
|
59 |
| School Name | Distance |
|---|
