Property type
Detached
Lot size
N/A
Style
Bungalow-Raised
Approx. Area
N/A
Room Type | Dimension (length x width) | Features | Level |
---|---|---|---|
Living Room | 4.26 x 3.65 m | N/A | Main |
Kitchen | 4.57 x 3.04 m | N/A | Main |
Dining Room | 4.26 x 3.65 m | N/A | Main |
Bedroom | 3.81 x 3.75 m | N/A | Main |
Prime Investment Opportunity Legal 6-Bedroom Raised Ranch Near Fanshawe College! Located in an A+ rental location, this legal 6-bedroom raised ranch is a turnkey investment with a proven track record of high demand. Just a short walk to Fanshawe College, this property has never experienced a vacancy, consistently renting well in advance of the school year.Featuring high ceilings in the basement, updated flooring, and a new furnace & A/C (2024), Washer and Dryer (2022) this home is well-maintained. With tenants currently paying utilities, this investment generates $4,800/month ($57,600 annually), offering a cash flow of $1,370/month with 25% down and a 30-year amortization. Leases are secured until May 1, 2026, ensuring stability and peace of mind for investors.A rare find in an unbeatable locationdont miss out on this high-income, low-vacancy rental property!
Last updated
Apr 14
Virtual tour
None
Basement information
Full, Finished
Building size
--
Status
In-Active
Property sub type
Detached
Maintenance fee
$N/A
Year built
--
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