Discover a prime investment opportunity with this detached bungalow on a high-exposure corner lot just minutes from Fanshawe College. This property features three self-contained units, including a main floor with four bedrooms, a kitchen, and a 3-piece bathroom, plus a basement unit with two bedrooms, a kitchen, and a 3-piece bathroom, offering a total rent potential of $5,000/month. Surrounded by commercial plazas and benefiting from unique zoning that allows certain business uses, this property is perfect for investors, entrepreneurs, or multi-generational families looking to generate income now and explore commercial development in the future. With strong tenant demand, proximity to major amenities, and endless potential, this is an exceptional opportunity you wontwanttomiss.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Approx. Age:
51-99
Total Approx Floor Area:
700-1100
Depth:
116'3"35.4 m
Frontage:
40'12.2 m
Topography:
Dry
Direction Faces:
North
Bedrooms:
4+2
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
4
Bedrooms Below Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
7
Rooms Below Grade:
4
Zoning:
ASA3 OC
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Finished, Separate Entrance
Fireplace/Stove:
No
Garage:
Carport
Garage Spaces:
1.0
Parking Spaces:
2
Total Parking Spaces:
3.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$4,109.41 /
2024
Assessment:
$- /
-
London East
East G
Middlesex
In-Law Suite, In-Law Capability, Primary Bedroom - Main Floor
Data was last updated July 7, 2025 at 12:15 PM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$534,900
Min list price:
$399,000
Max list price:
$729,999
Avg days on market:
32
Min days on market:
0
Max days on market:
417
These statistics are generated based on the current listing's property type
and located in
East G. Average values are
derived using median calculations.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.