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24 Fairview Ct

Fairview CtRowntree ParkLondonON, N6C 2C5

7
Beds
2
Baths
1,499 - 1,999
Sq. Ft.
$679,999
List Price
24 Fairview Ct, London, ON - 1 of 3
24 Fairview Ct, London, ON - 2 of 3
24 Fairview Ct, London, ON - 3 of 3
New
6 days on market

Quick Summary

  • Expansive property with 7 bedrooms on a sizable lot
  • Newly renovated basement with 3 additional bedrooms
  • Separate basement entrance for privacy and convenience
  • Flexible living arrangements with rental income potential
  • Strong capitalization rate ranging from 8% to 10%
  • Durable metal roof for enhanced rental appeal
  • Extended paved driveway for 8 cars
  • Spacious backyard for comfortable living

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... Show More

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! (id:54626)

Property Details

Size

1,499 - 1,999 sq. ft.
12 total rooms across 1 floor
7 Beds
4 Above Grade - 3 Below Grade
2 Baths
2 Full

Parking

8 Parking Spaces
-

Lot

Size
957′0″ * 2602′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Brick
Foundation
Poured Concrete
Builder Name
-
Stories
1
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning, Ventilation system

Utilities

Water
Municipal water
Sewer
Sanitary sewer
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Rooms

Bedroom 3

10′2″ x 10′11″

Bedroom 4

10′0″ x 10′11″

Kitchen

4′11″ x 6′0″

Bathroom

4′1″ x 4′1″

Bedroom 5

10′7″ x 9′3″

Bedroom

10′6″ x 8′0″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
X10428077
Last Updated
November 18, 2024
Brokerage
HOMELIFE/MIRACLE REALTY LTD
Powered by: REALTOR.ca
Call us 800-591-0566

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