589 First Street, London

Price: $899,900

Status: For Sale 

MLS®#: --

  • Tax: $2,402 (2021)
  • City:London
  • Type:Residential
  • Style:Detached (Bungalow-Raised)
  • Beds:5
  • Bath:3
  • Basement:Finished
  • Garage:N/A


  • InteriorLaundry Room
  • ExteriorBrick
  • RoofAsphalt
  • AppliancesMicrowave, Dishwasher, Oven Range, Washer, Dryer, Hood Fan, Refrigerator
  • CoolingCentral Air
  • HeatingGas Forced Air Closd
  • Sewer/Water SystemsPublic

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?

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Manoj Arora

Broker of Record

ACE Team Realty Inc., Brokerage

Transforming Dreams into Realty!!


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