988 PROSPERITY Court, LONDON

2026-03-24
 

Quick Summary

Location
988 PROSPERITY Court, LONDON, Ontario N5V5C7
Price
$559,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1950 sqft
Bedrooms:
3 bed +2
Bathrooms:
3
Garages:
4
Year of Construction:
1998

MLS®#40814471

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:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Airport, Public Transit, Schools

Building

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer, Hood Fan
  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Construction Style: Detached
  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace: No
  • Interior Size: 1950 sqft
  • Building Type: House
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Southern exposure, Sump Pump

Land

  • Land Size: under 1/2 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Structure

  • Structure: Porch

Zoning

  • Description: R1-3

Information entered by SMART FROM HOME REALTY LIMITED
Listing information last updated on: 2026-06-18 18:14:49


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