988 Prosperity Court

- $595,000

London, N5V5C7
MLS ® 40814471

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:38551)

Features

  • Southern Exposure
  • Sump Pump

Location

Details

988 Prosperity Court, , London

  • Land

    under 1/2 acre

  • Bedrooms

    Above Grade: 3 Below Grade: 2

    5
  • Bathrooms
    3 + 1 Half
  • Parking
    4

Rooms

988 Prosperity Court, , London

  • 3pc Bathroom

    second level

    Measurements not available
  • Bedroom

    second level

    11'5'' x 9'9''
  • Bedroom

    second level

    10'10'' x 9'0''
  • Primary Bedroom

    second level

    14'10'' x 11'5''
  • Kitchen

    basement

    7'0'' x 5'0''
  • 3pc Bathroom

    basement

    Measurements not available
  • Bedroom

    basement

    17'6'' x 7'7''
  • Bedroom

    basement

    9'0'' x 10'1''
  • 2pc Bathroom

    main level

    Measurements not available
  • Kitchen

    main level

    17'11'' x 15'7''
  • Living Room

    main level

    19'11'' x 10'10''