$ 679.999

24 Fairview Court, London

  • Bedrooms: 7
  • Bathrooms: 2
  • Living area: 1757 square feet
  • Type: Residential
  • Added: 7 days ago
  • Updated: 7 days ago
  • Last Checked: 2 hours ago
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:1945)
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Property DetailsKey information about 24 Fairview Court

  • Cooling: Central air conditioning, Ventilation system
  • Heating: Forced air, Natural gas
  • Stories: 1
  • Structure Type: House
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Architectural Style: Raised bungalow

Interior FeaturesDiscover the interior design and amenities

  • Basement: Finished, Separate entrance, N/A
  • Appliances: Washer, Refrigerator, Dishwasher, Range, Dryer, Two stoves, Water Heater
  • Bedrooms Total: 7

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 24 Fairview Court

  • Lot Features: Flat site, Carpet Free, In-Law Suite
  • Water Source: Municipal water
  • Parking Total: 8
  • Lot Size Dimensions: 79.8 x 216.9 FT

Location & CommunityUnderstand the neighborhood and community

  • Directions: Fairview & Westminster
  • Common Interest: Freehold

Utilities & SystemsReview utilities and system installations

  • Sewer: Sanitary sewer

Tax & Legal InformationGet tax and legal details applicable to 24 Fairview Court

  • Tax Annual Amount: 3225
  • Zoning Description: R2-2

Additional FeaturesExplore extra features and benefits

  • Security Features: Smoke Detectors
Room Dimensions
Type Level Dimensions
Bedroom Ground level 4.57 x 3.35
Kitchen Basement 1.83 x 1.52
Bathroom Basement 1.25 x 1.25
Bedroom 2 Ground level 3.05 x 2.74
Kitchen Ground level 3.96 x 3.35
Bathroom Ground level 1.25 x 1.25
Living room Ground level 4.57 x 3.35
Bedroom 3 Second level 3.35 x 3.12
Bedroom 4 Second level 3.35 x 3.05
Bedroom 5 Basement 2.82 x 3.23
Bedroom Basement 2.44 x 3.2
Bedroom Basement 2.59 x 2.97
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Nearby Listings Stat

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Days until Sold
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Additional Information about 24 Fairview Court

This House at 24 Fairview Court London, ON with MLS Number x10428077 which includes 7 beds, 2 baths and approximately 1757 sq.ft. of living area listed on London market by RJ SHARMA - HOMELIFE/MIRACLE REALTY LTD at $679,999 7 days ago.

We have found 6 Houses that closely match the specifications of the property located at 24 Fairview Court with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 539,900 and 849,900.

The current price of the property is $679,999, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 19% down payment, the total amount borrowed would be $550,799. This would result in a monthly mortgage payment of $3,180 over a 25-year amortization period.

More Details?
  • RJ SHARMA
  • HOMELIFE/MIRACLE REALTY LTD
  • 416-747-9777

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