
London East, ON N5Y 3L7
Discover a prime investment opportunity with this detached bungalow ideally located on a high-exposure corner lot just minutes from Fanshawe College. This versatile property offers three self-contained units, including a spacious main level featuring four bedrooms, a full kitchen, and a 3-piece bathroom, along with a well-appointed basement unit featuring two bedrooms, a kitchen, and a 3-piece bathroom.With a strong rental income potential of up to $5,000 per month, this property is perfectly suited for investors seeking immediate cash flow. Surrounded by established commercial plazas and benefiting from flexible zoning that permits select business uses, it also presents excellent future development potential.Ideal for investors, entrepreneurs, or multi-generational families, this property combines location, income potential, and long-term upside. With high tenant demand and close proximity to key amenities, this is a rare opportunity not to be missed.
TRREB MLS® Attribution
MLS® X12899076
Listed by HOMELIFE/MIRACLE REALTY LTD
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$2,832
/month · $463,999 mortgage
Amortization
Total Interest
$385,664
Total Cost
$849,663
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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HOMELIFE/MIRACLE REALTY LTD