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$599,000
London East
185 Thurman Circle, London East (East D), Ontario, N5V4Z1
This 6-bedroom, 2-bathroom home in London East is for sale offering roughly 1,300 sq ft of space.
Excellent turnkey investment opportunity near Fanshawe College. This well-maintained, carpet-free home is ideally located just minutes from campus, with easy access to public transit, shopping, grocery stores, and downtown amenities.Currently generating strong cash flow with $5,000 Plus in monthly rental income, this property is perfectly suited for student housing. It features six spacious bedrooms and two full bathrooms, offering a practical and high-demand layout.Recent updates include a newly installed heat pump for efficient year-round comfort. The home also offers a single-car garage, ample driveway parking, and a fully fenced backyard for added privacy and outdoor space.Tenants are already in place and willing to stay, ensuring a smooth and immediate transition for the new owner. A rare chance to secure a high-yield property in a prime, well-connected location. All measurements, dimensions, room sizes, lot sizes and square footage are approximate and have been provided for general information purposes only. Buyer and Buyer's Representative are advised to independently verify all measurements and information that may be material to the Buyer's decision to purchase. Neither the Seller, Listing Brokerage nor Listing Representative makes any representation or warranty regarding the accuracy or completeness of such measurements or information. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 88 days on market, against an average age of 43 days across the listings currently for sale in this city
This 6-bed single family in London East (East D) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $599,000, about 8.0× the local median household income of $74,500.
Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 57% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5V)
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Loading rates, 30-yr amortization
Cash Needed to Close
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