Space
Finished area and layout
- Living Area
- 1,950 sqft
- Above Grade
- 1,500 sqft (Owner)
- Below Grade
- 450 sqft (Owner)
- Finished Breakdown
- Above 1,500 sqft + Below 450 sqft
- Bedrooms
- 5
- Bathrooms
- 3
+11 more
5
Bedrooms
3
Bathrooms
1,950 sqft
Living Area
37.0 feet frontage
Lot
1998
Year Built
Property Snapshot
Key details for this listing
MLS #40814471
Property
Type, style and structure
About This Property
This 5-bedroom, 3-bathroom single family in London offers 1,950 sqft of living area on a 37.0 feet frontage lot. Built in 1998, 2 storeys. The home features forced air, natural gas heating, central air conditioning, a finished, full basement.
MLS Remarks
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! (id:60351)
Listing History
MLS# 40814471| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Jun 18, 2026 | Price Changed | 40814471 | $559,000 | -6.1% |
| Mar 24, 2026 | Listed For Sale | 40814471 | $595,000 | — |
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