165 Thurman Circle London East, Ontario N5Z 4V1

6 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Raised Bungalow Central Air Conditioning Forced Air

$769,900

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 (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! (id:47351)

Property Details

MLS® Number X12343518
Property Type Single Family
Community Name East D
Amenities Near By Hospital, Schools, Public Transit
Community Features Community Centre, School Bus
Equipment Type Water Heater
Features Cul-de-sac
Parking Space Total 3
Rental Equipment Type Water Heater
Structure Porch, Deck

Building

Bathroom Total 2
Bedrooms Above Ground 6
Bedrooms Total 6
Age 16 To 30 Years
Appliances Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
Architectural Style Raised Bungalow
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick, Steel
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,100 - 1,500 Ft2
Type House
Utility Water Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
Land Amenities Hospital, Schools, Public Transit
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 Dimensions
Lower Level Bedroom 5.18 m x 3.35 m
Lower Level Bedroom 3.96 m x 3.35 m
Lower Level Bedroom 3.81 m x 3.75 m
Main Level Living Room 4.26 m x 3.65 m
Main Level Kitchen 4.57 m x 3.04 m
Main Level Dining Room 4.36 m x 3.65 m
Main Level Bedroom 3.81 m x 3.75 m
Main Level Bedroom 3.56 m x 3.5 m
Main Level Bedroom 2.97 m x 2.76 m

https://www.realtor.ca/real-estate/28731170/165-thurman-circle-london-east-east-d-east-d