Address
988 Prosperity Court, London, ON
Price
$ 549,000
Property Attributes
- ID#40814471
- TypeSingle Family
- Listing Status Active
- MunicipalityLondon
- CityLondon
- AreaLondon
- NeighbourhoodEast D
- Postal CodeN5V 5C7
- Style
- Year Built1998
- Price$ 549,000
- Bedrooms3+2
- Bathrooms2
- Half Bathrooms1
- Sqr Footage1950
Data Source:
Canadian Real Estate Association (CREA)
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:7434)
General Features
| Features | Southern exposure, Sump Pump |
|---|---|
| Property Type | Single Family |
| Zoning Description | R1-3 |
| Amenities | Airport, Public Transit, Schools |
| Building Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer, Hood Fan |
| Building Cooling Type | Central air conditioning |
| Location Description | When heading North on Fanshawe College Blvd turn right onto Fleming Drive, followed by right onto Prosperity Court |
| Parking Space Total | 4 |
| Building Type | House |
| Ownership Type | Freehold |
| Building.StoriesTotal | 2 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Building Heating Fuel | Natural gas |
| Basement Development | Finished |
| Basement Type | Full (Finished) |
| Construction Style Attachment | Detached |
| Living Area Range | 1950 |
| Bedrooms | 3+2 |
Exterior Features
| Structure | Porch |
|---|---|
| Land Amenities | Airport, Public Transit, Schools |
| Sewer | Municipal sewage system |
| Exterior Finish | Brick, Vinyl siding |
| Fence Type | Fence |
Room Details
| Room | Dimensions | Level | Flooring | Details |
|---|---|---|---|---|
| 2pc Bathroom | Measurements not available | Main level | ||
| 3pc Bathroom | Measurements not available | Basement | ||
| Bedroom | 9'0'' x 10'1'' | Basement | ||
| Kitchen | 17'11'' x 15'7'' | Main level | ||
| Living room | 19'11'' x 10'10'' | Main level | ||
| Primary Bedroom | 14'10'' x 11'5'' | Second level |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in N5V 5C7
Price
Year Built
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