For Sale

24 Fairview Court, London, Ontario N6C2C5

$679,999

24 Fairview Court, London, Ontario N6C2C5 is For Sale and has a listing price of 679,999. The property is located in the South London neighbourhood. It's been on the website for 5 Days.

  • Single Family
    Property Type
  • Detached
    Building Style
  • 7
    Bedrooms
  • 2
    Bathrooms
  • 8
    Parking Spaces
  • MLS ID: X10428077
  • Office Name HOMELIFE/MIRACLE REALTY LTD
Property Description

Explore this meticulously renovated home, presenting a lucrative investment opportunity with potential monthly earnings of up to $6,000. This expansive property boasts 7 bedrooms on a sizable lot of 79.81 x 216.9 feet. The main floor features 4 bedrooms, complemented by 3 additional bedrooms in the newly renovated basement. Each level includes complete living areas, fully equipped kitchens, and modern bathrooms, perfect for generating rental income, accommodating in-law suites, or multi-generational living. With a separate basement entrance ensuring privacy and convenience, the property offers flexibility live in one section while renting out the other, or maximize returns by leasing the entire space. Benefit from a strong cap rate ranging from 8% to 10%. Additional features such as a durable metal roof, an extended paved driveway for 8 cars, and a spacious backyard enhance rental appeal. Positioned on an expansive lot, this property not only provides a comfortable residence but also promises a path to financial success. Schedule a showing today to witness the potential for profitable returns and adaptable living arrangements your journey to financial freedom begins here! (id:43137)

Property Details
  • Bedrooms: 7
  • MLS ID: X10428077
  • Bathrooms: 2
  • Price: $679,999
  • Transaction Types: For Sale
  • Ref ID: 27659376
  • Year Built: N/A
  • Building Type: House
  • Building Style: Detached
  • Property Type: Single Family
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
11/17/2024 X10428077 $679,999 For Sale - -
07/18/2024 X9045432 $669,900 For Sale - -
06/20/2024 40608660 $699,999 For Sale - -
01/10/2024 X7391694 $749,999 Terminated 03/31/2024 -
01/10/2024 40528173 $749,999 For Sale - -
09/18/2023 X7010836 $699,999 For Sale - -
09/18/2023 40485873 $749,999 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Bedroom 3 - Second 3.35 m x 3.12 m
Bedroom 4 - Second 3.35 m x 3.05 m
Kitchen - Basement 1.83 m x 1.52 m
Bathroom - Basement 1.25 m x 1.25 m
Bedroom 5 - Basement 2.82 m x 3.23 m
Bedroom - Basement 2.44 m x 3.2 m
Bedroom - Basement 2.59 m x 2.97 m
Bedroom - Ground 4.57 m x 3.35 m
Bedroom 2 - Ground 3.05 m x 2.74 m
Kitchen - Ground 3.96 m x 3.35 m
Bathroom - Ground 1.25 m x 1.25 m
Living room - Ground 4.57 m x 3.35 m
Neighborhood Stats
South London
  • $752,316 Average List Price
    based on 1 year
  • 35 New Listings
    based on 30 days
  • 24 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.9 % Up
  • Sold (12mo) 76
  • Rented (12mo) 14

  • 1 Month Change +28.6%
  • 3 Month Change +15.5%
  • 6 Month Change +36.3%
Walkscore
Property Type Distribution
  • All Houses
    86.04%
  • Commercial
    4.65%
  • Condo
    9.03%
  • Land for Sale
    0.28%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Style Raised Bungalow
  • Basement2 N/a (finished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Brick
  • Cooling System Central Air Conditioning, Ventilation System
  • Total Parking Spaces: 8
  • Property Features Flat Site, Carpet Free, In-law Suite
  • Basement Separate Entrance
  • Fireplace False
  • Security Smoke Detectors
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 17/11/2024 00:00:00
  • Zoning Cr-3
  • Agent Name: RJ SHARMA
  • Last Updated: 17/11/2024 23:16:29
Open House Dates
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