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Maria Tompson

Sales Representative
Remax Example Inc., Brokerage Independently owned and operated. 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8 Cell: 416-548-7854Office: 416-548-7854Fax: 416-981-7184Toll Free: 1-866-382-2968

$679,999
Available - For Sale
Listing ID: X10428077
24 Fairview Crt , London, N6C 2C5, Ontario


Explore this meticulously renovated home, presenting a lucrative investment opportunity with potential monthly earnings of up to $6,000. This expansive property boasts 7 bedrooms on a sizable lot of 79.81 x 216.9 feet. The main floor features 4 bedrooms, complemented by 3 additional bedrooms in the newly renovated basement. Each level includes complete living areas, fully equipped kitchens, and modern bathrooms, perfect for generating rental income, accommodating in-law suites, or multi-generational living. With a separate basement entrance ensuring privacy and convenience, the property offers flexibility live in one section while renting out the other, or maximize returns by leasing the entire space. Benefit from a strong cap rate ranging from 8% to 10%. Additional features such as a durable metal roof, an extended paved driveway for 8 cars, and a spacious backyard enhance rental appeal. Positioned on an expansive lot, this property not only provides a comfortable residence but also promises a path to financial success. Schedule a showing today to witness the potential for profitable returns and adaptable living arrangements your journey to financial freedom begins here!
Price $679,999
Taxes: $3225.00
Address: 24 Fairview Crt , London, N6C 2C5, Ontario
Lot Size: 79.81 x 216.90 (Feet)
Directions/Cross Streets: Fairview & Westminster
Rooms: 4
Rooms +: 3
Bedrooms: 4
Bedrooms +: 3
Kitchens: 1
Kitchens +: 1
Family Room: N
Basement: Finished, Sep Entrance
Approximatly Age: 51-99
Property Type: Detached
Style: Bungalow-Raised
Exterior: Brick
Garage Type: None
(Parking/)Drive: Pvt Double
Drive Parking Spaces: 8
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
Property Features: Place Of Wor, Public Transit, School
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Laundry Level: Lower
Elevator Lift: N
Sewers: Sewers
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE/MIRACLE REALTY LTD
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At a Glance:
Type: Freehold - Detached
Area: Middlesex
Municipality: London
Neighbourhood: South I
Style: Bungalow-Raised
Lot Size: 79.81 x 216.90(Feet)
Approximate Age: 51-99
Tax: $3,225
Maintenance Fee: $0
Beds: 4+3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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