Discover a prime investment opportunity with this detached bungalow ideally located on a high-exposure corner lot just minutes from Fanshawe College. This versatile property offers three self-contained units, including a spacious main level featuring four bedrooms, a full kitchen, and a 3-piece bathroom, along with a well-appointed basement unit featuring two bedrooms, a kitchen, and a 3-piece bathroom. With a strong rental income potential of up to $5,000 per month, this property is perfectly suited for investors seeking immediate cash flow. Surrounded by established commercial plazas and benefiting from flexible zoning that permits select business uses, it also presents excellent future development potential. Ideal for investors, entrepreneurs, or multi-generational families, this property combines location, income potential, and long-term upside. With high tenant demand and close proximity to key amenities, this is a rare opportunity not to be missed.
| MLS # | X13463772 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 77 |
| Listing Provided By | HOMELIFE/MIRACLE REALTY LTD | X13463772 406003 |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 |
| Car Port | Yes |
| Basement | Y |
| Acreage | 0.11 |
| Interior Features | None |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Brick, Brick Front |
| Garage Yes / No | No |
|---|---|
| Parking Features | Private |
| Sewer | Sewer |
|---|
| Tax Annual Amount | 4594 |
|---|---|
| Tax Legal Description | LOT 3, PLAN 541 LONDON/LONDON TOWNSHIP |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Middlesex |
| City | London East |
| Postal Code | N5Y 3L7 |
| Area | East G |
| Listing VS Median (in N5Y 3L7) | |
Price: $549,999 low | high Med: $0 On site: 77 low | high Med: | |
| Province | ON |
|---|---|
| Region | Middlesex |
| City | London East |
| Postal Code | N5Y 3L7 |
| Area | East G |
| Listing VS Median (in N5Y 3L7) | |
Price: $549,999 low | high Med: $0 On site: 77 low | high Med: | |