- Tax: $2,402 (2021)
- City:London
- Type:Residential
- Style:Detached (Bungalow-Raised)
- Beds:5
- Bath:3
- Basement:Finished
- Garage:N/A
Features:
- InteriorLaundry Room
- ExteriorBrick
- RoofAsphalt
- AppliancesMicrowave, Dishwasher, Oven Range, Washer, Dryer, Hood Fan, Refrigerator
- CoolingCentral Air
- HeatingGas Forced Air Closd
- Sewer/Water SystemsPublic
Description
Amazing Turn Key Student Rental Investment Property ** Recent extensive renovation done from Top to Bottom in this fully detached huge lot at an amazing location. The house boasts of 5 spacious bedrooms and 3 full bathrooms.
Key Features:
* Walking distance to Fanshawe College, London
* Furnished Living and Dining room
* Comes with Stainless Steel kitchen appliances as well as washer and dryer
* Modern finishes - brand new kitchen, bathrooms, flooring, doors, windows, paint etc.
* Projected annual income for year 2022-2023 rental year; $48,000
* Projected Monthly Positive Cash Flow of $400 - 600 (after paying all your expenses)**
* Lease Guarantee included
* Renovation & Construction Warranty included
* Property Management in Place
* Price: $899,900 (we can't buy even a town house at this price in GTA) - subject to change anytime without notice
* Low deposit of only $5,000, rest all payable on closing
* Full detached lot size: 67.67 x 121.42 feet
* Total Turn-Key investment
For floor plan and projected cash flow statement - see the Feature Sheet
You don't want to miss this amazing Real Estate Investment opportunity.
Call me now at 416-618-9753 for your private property Tour.
** May vary depending upon the interest rate
Want to learn more about 589 First Street, London?

Manoj Arora Broker of Record
ACE Team Realty Inc., Brokerage
Transforming Dreams into Realty!!
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