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Key Facts

Type Single Family Residence
Levels Residential
Size 1500 sqft
Garage No
Taxes $4,543
Days Active 4
Lot Size 
Approx. Age 1998
Avg. Price Per Sqft $426
MLS® Number 40755123

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Investors & First-Time Buyers – Don’t Miss This Turnkey Opportunity Near Fanshawe College! 988 Prosperity Court, London | Around $4000 Monthly Income Potential | Fully Finished Basement with In-Law Suite. This versatile and income-generating 3+2 bedroom, 3-bathroom home located just steps from Fanshawe College. Whether you're an investor looking for solid monthly cash flow or a homeowner seeking a mortgage-helper potential, this home checks every box. Currently generating near $4000/month plus utilities, this property boasts a separate side entrance to a fully finished lower-level in-law suite, ideal for students, renters, or extended family. The basement features 2 bedrooms, a 3-piece bathroom, a roughed-in kitchenette, its own laundry, and private living space—perfect for maximizing rental income. The main floor offers an oversized living room with bay window, a 2-piece powder room, and a spacious kitchen with in-suite laundry. Patio doors lead to an impressive backyard—one of the largest in the area—complete with two storage sheds and plenty of outdoor space for tenants or future upgrades. Upstairs, you’ll find a large primary bedroom with walk-in closet, two additional generously sized bedrooms, and a full 4-piece bathroom. Recent updates include: Brand new gas furnace (May 2025), New flooring throughout, Updated light & bathroom fixtures, Newer washer and dryer. Located on a quiet cul-de-sac just minutes from public transit, shopping, and Fanshawe College, this property offers a prime location and strong investment fundamentals. Don't Miss it!Show Description
MLS® Number40755123
Laundry LevelIn Basement, Inside, Main Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1998
BasementSeparate Entrance, Walk-Up Access, Full, Finished, Sump Pump
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral Air
Heating Fuel

Extras

Dishwasher, Dryer, Range Hood, Refrigerator, Stove, Washer

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