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 (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:39382)
Property Details
| MLS® Number | X11986342 |
| Property Type | Single Family |
| Community Name | East G |
| AmenitiesNearBy | Hospital, Park, Public Transit, Schools |
| CommunityFeatures | Community Centre |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater |
| Structure | Porch, Deck |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 3 |
| BedroomsTotal | 6 |
| Age | 16 To 30 Years |
| Appliances | Garage Door Opener Remote(s), Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator |
| ArchitecturalStyle | Raised Bungalow |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FireProtection | Smoke Detectors |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| FenceType | Fenced Yard |
| LandAmenities | Hospital, Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 105 Ft |
| SizeFrontage | 41 Ft |
| SizeIrregular | 41 X 105 Ft |
| SizeTotalText | 41 X 105 Ft |
| ZoningDescription | 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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April 08 2025 07:33:06
London and St. Thomas Association of REALTORS®
Sutton Group - Select Realty