$599,000
For sale: Detached

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.
Sold data
Homes in East D took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 42, across 31 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.
The median sale price was $519,000.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 31 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East D) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$599,999
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