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About the Listing KW269 - KWKW8402
Investors & First-Time Buyers – Don’t Miss This Turnkey Opportunity Near Fanshawe College! 988 Prosperity Court, London | Around $4000 Monthly Income Potential | Fully Finished Basement with In-Law Suite. This versatile and income-generating 3+2 bedroom, 3-bathroom home located just steps from Fanshawe College. Whether you're an investor looking for solid monthly cash flow or a homeowner seeking a mortgage-helper potential, this home checks every box. Currently generating near $4000/month plus utilities, this property boasts a separate side entrance to a fully finished lower-level in-law suite, ideal for students, renters, or extended family. The basement features 2 bedrooms, a 3-piece bathroom, a roughed-in kitchenette, its own laundry, and private living space—perfect for maximizing rental income. The main floor offers an oversized living room with bay window, a 2-piece powder room, and a spacious kitchen with in-suite laundry. Patio doors lead to an impressive backyard—one of the largest in the area—complete with two storage sheds and plenty of outdoor space for tenants or future upgrades. Upstairs, you’ll find a large primary bedroom with walk-in closet, two additional generously sized bedrooms, and a full 4-piece bathroom. Recent updates include: Brand new gas furnace (May 2025), New flooring throughout, Updated light & bathroom fixtures, Newer washer and dryer. Located on a quiet cul-de-sac just minutes from public transit, shopping, and Fanshawe College, this property offers a prime location and strong investment fundamentals. Don't Miss it!
Listing Highlights for 988 Prosperity Ct
Interior Details
- Bedrooms: 5
- Bathrooms: 2 Full / 1 Half
- Appliances: Dishwasher, Dryer, Range Hood, Refrigerator, Stove, Washer
- Air Cond: Central Air
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1500
- Below Ground Sq Ft: 450
- Basement: Separate Entrance,Walk-Up Access,Full,Finished,Sump Pump
- Other: High Speed Internet,In-law Capability,2 Kitchens
- Water: Municipal-Metered
Exterior Details
- Lot Description: Urban,Airport,Major Highway,Public Transit,Schools
- Garage Capacity: N/A
- Parking Spaces: 4
- Lot Dimensions: 36.72 x 153.87
- Zoning: R1-3
- Roof: Shingle
- Others:
- Sewer: Sewer (Municipal)
- Parking Features: Front Yard Parking
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 081050350
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
988 Prosperity Ct London, ON N5V 5C7
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