165 Thurman Circle London, Ontario N5V 4Z1
$789,900
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 (2020), 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! (id:46638)
Property Details
| MLS® Number | X11986342 |
| Property Type | Single Family |
| Community Name | East G |
| Amenities Near By | Hospital, Park, Public Transit, Schools |
| Community Features | Community Centre |
| Equipment Type | Water Heater |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
| Structure | Porch, Deck |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 6 |
| Appliances | Garage Door Opener Remote(s), Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer |
| Architectural Style | Raised Bungalow |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Hospital, Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 105 Ft |
| Size Frontage | 41 Ft |
| Size Irregular | 41 X 105 Ft |
| Size Total Text | 41 X 105 Ft |
| Zoning Description | R1 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bedroom | 5.18 m | 3.35 m | 5.18 m x 3.35 m |
| Lower Level | Bedroom | 3.96 m | 3.35 m | 3.96 m x 3.35 m |
| Lower Level | Bedroom | 3.81 m | 3.75 m | 3.81 m x 3.75 m |
| Lower Level | Great Room | 5.48 m | 4.57 m | 5.48 m x 4.57 m |
| Main Level | Living Room | 4.26 m | 3.65 m | 4.26 m x 3.65 m |
| Main Level | Kitchen | 4.57 m | 3.04 m | 4.57 m x 3.04 m |
| Main Level | Dining Room | 4.26 m | 3.65 m | 4.26 m x 3.65 m |
| Main Level | Bedroom | 3.81 m | 3.75 m | 3.81 m x 3.75 m |
| Main Level | Bedroom | 3.56 m | 3.5 m | 3.56 m x 3.5 m |
| Main Level | Bedroom | 2.97 m | 2.76 m | 2.97 m x 2.76 m |
https://www.realtor.ca/real-estate/27947649/165-thurman-circle-london-east-g
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(519) 433-4331
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February 24 2025 11:21:06
London and St. Thomas Association of REALTORS®
Sutton Group - Select Realty