Turnkey investment generating over 6% Cap rate! 2mins walk across the street to Fanshawe College Main Campus and 5 minutes walk to convenience stores and restaurants. Currently set up as student rental with 5 bedrooms fully rented till August 31 2025. Current total rent is 3425$/month. 3 bedrooms on the second floor with a full bathroom, 2 bedrooms in the lower level with large windows and a full bathroom. Spacious living room and dining area and updated kitchen on the main level. Appliances included, and water heater owned. A/C newly replaced in 2021. Fully renovated in 2022. Video tour and cashflow breakdown are available upon request. Great investment opportunity! |
Price | $435,000 |
Taxes: | $2705.78 |
Assessment Year: | 2025 |
Occupancy: | Tenant |
Address: | 190 Fleming Driv , London East, N5V 5B8, Middlesex |
Postal Code: | N5V 5B8 |
Province/State: | Middlesex |
Directions/Cross Streets: | Cheapside and Fanshawe College Blvd |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Second | Bedroom | 16.83 | 15.65 | |
Room 2 | Second | Bedroom 2 | 14.99 | 12.3 | |
Room 3 | Second | Bedroom 3 | 14.99 | 12.3 | |
Room 4 | Main | Kitchen | 17.48 | 5.97 | |
Room 5 | Main | Dining Ro | 10.99 | 5.97 | |
Room 6 | Main | Living Ro | 10.99 | 4.99 | |
Room 7 | Lower | Bedroom 4 | 16.83 | 13.81 | |
Room 8 | Lower | Bedroom 5 | 12.66 | 13.81 | |
Room 9 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Second |
Washroom Type 2 | 3 | Main |
Washroom Type 3 | 4 | Basement |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Approximatly Age: | 16-30 |
Washrooms: | 3 |
Heat Type: | Forced Air |
Central Air Conditioning: | Central Air |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
CENTURY 21 FIRST CANADIAN CORP |
|
Book Showing | Email a Friend |
Type: | Com - Condo Townhouse |
Area: | Middlesex |
Municipality: | London East |
Neighbourhood: | East D |
Style: | 2-Storey |
Lot Size: | x 0.00() |
Approximate Age: | 16-30 |
Tax: | $2,705.78 |
Maintenance Fee: | $376.14 |
Beds: | 3+2 |
Baths: | 3 |
Garage: | 0 |
Fireplace: | N |
Air Conditioning: | |
Pool: |