988 Prosperity Court, London, Ontario N5V 5C7

Listed for:
$599,000
5 beds
3 baths
Listed 38 days ago
House for rent: 988 Prosperity Court, London, Ontario N5V 5C7

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Learn more about this property
Listing provided by:
SMART FROM HOME REALTY LIMITED
MLS® number:
40778560
Agent:
Emanuel Catana
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About

When heading North on Fanshawe College Blvd turn right onto Fleming Drive, followed by right onto Prosperity Court 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:27476)

Property Highlights

MLS® Number
40778560
Type
Single Family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
4

Building

Building Type
House
Storeys
2.00
Square Footage
1950 sqft
Bathrooms Total
3
Bedrooms Above Ground
3
Bedrooms Total
5
Amenities
Airport, Public Transit, Schools
Exterior Finish
Brick, Vinyl siding
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

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''

Location