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$549,900
Available - For Sale
Listing ID: X12772200
959 Prosperity Court , London East, N5V 5C7, Middlesex


Excellent turnkey student rental opportunity located just 500 metres from the main gates of Fanshawe College. This fully renovated bungalow offers strong income potential in one of Londons most reliable & high demand rental markets, with close proximity to public transit, grocery stores, restaurants, parks, & major amenities along Oxford Street East & Highbury Avenue. This property also presents an ideal investment for parents with children attending Fanshawe College, offering the ability to house students while offsetting ownership costs with rental income. The main floor offers 3 bedrooms, a bright & sun filled living & dining area, & a full four piece bathroom with updated tub surround & quartz topped vanity. Recent renovations include luxury vinyl plank flooring throughout the living room, dining area, kitchen, hallway & bathroom, with the bedrooms finished in laminate flooring. Freshly painted throughout, the updated kitchen features high gloss Ikea cabinetry, quartz counters, & stainless steel fridge & stove.The lower level has also been fully updated & provides three additional bedrooms, a spacious living room, a three piece bathroom, & laundry area, all finished with luxury vinyl plank flooring. Updated light fixtures throughout complete the modernized interior. The exterior offers a stamped concrete driveway & walkway with parking for four vehicles, & a spacious fully fenced backyard ideal for tenant use. Major updates include shingles replaced in 2018 & a new furnace in 2025. The property has not been occupied since renovations were completed, allowing a new owner to start fresh with selecting their own tenants. Prior to updates the home was consistently rented, with the most recent rent at $3200 per month. With the extensive upgrades already completed, the property presents excellent potential for increased rents, strong cash flow, & long term investment value in a proven student rental location just steps from Fanshawe College.
Price $549,900
Taxes: $3738.00
Assessment Year: 2025
Occupancy: Vacant
Address: 959 Prosperity Court , London East, N5V 5C7, Middlesex
Directions/Cross Streets: Prosperity Court and Fleming Drive
Rooms: 5
Rooms +: 4
Bedrooms: 3
Bedrooms +: 3
Family Room: T
Basement: Finished, Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 21.84 16.5
Room 2 Main Kitchen 16.86 8.07
Room 3 Main Bedroom 12.86 10.36
Room 4 Main Bedroom 12.82 8.53
Room 5 Main Bedroom 9.54 10.76
Room 6 Main Bathroom 8.92 4.76
Room 7 Basement Family Ro 25.22 16.53
Room 8 Basement Bedroom 11.05 10.43
Room 9 Basement Bedroom 12.53 8.3
Room 10 Basement Bedroom 12.53 8.2
Room 11 Basement Laundry 12.04 9.91
Room 12 Basement Bathroom 7.18 5.64
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 3 Basement
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 4 Main
Washroom Type 7 3 Basement
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 4 Main
Washroom Type 12 3 Basement
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Total Area: 0.00
Approximatly Age: 16-30
Property Type: Detached
Style: Bungalow
Exterior: Brick, Vinyl Siding
Garage Type: None
(Parking/)Drive: Private, T
Drive Parking Spaces: 4
Park #1
Parking Type: Private, T
Park #2
Parking Type: Private
Park #3
Parking Type: Tandem
Pool: None
Other Structures: Garden Shed
Approximatly Age: 16-30
Approximatly Square Footage: 700-1100
Property Features: Cul de Sac/D, Fenced Yard
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
$
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Percent Down:
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.
ROYAL LEPAGE TRILAND REALTY
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At a Glance:
Type: Freehold - Detached
Area: Middlesex
Municipality: London East
Neighbourhood: East D
Style: Bungalow
Lot Size: x 134.99(Feet)
Approximate Age: 16-30
Tax: $3,738
Maintenance Fee: $0
Beds: 3+3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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