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Property Description
Excellent turnkey student rental opportunity located just 500 metres from the main gates of Fanshawe College. This fully renovated bungalow offers strong income potential in one of Londons most reliable & high demand rental markets, with close proximity to public transit, grocery stores, restaurants, parks, & major amenities along Oxford Street East & Highbury Avenue. This property also presents an ideal investment for parents with children attending Fanshawe College, offering the ability to house students while offsetting ownership costs with rental income. The main floor offers 3 bedrooms, a bright & sun filled living & dining area, & a full four piece bathroom with updated tub surround & quartz topped vanity. Recent renovations include luxury vinyl plank flooring throughout the living room, dining area, kitchen, hallway & bathroom, with the bedrooms finished in laminate flooring. Freshly painted throughout, the updated kitchen features high gloss Ikea cabinetry, quartz counters, & stainless steel fridge & stove.The lower level has also been fully updated & provides three additional bedrooms, a spacious living room, a three piece bathroom, & laundry area, all finished with luxury vinyl plank flooring. Updated light fixtures throughout complete the modernized interior. The exterior offers a stamped concrete driveway & walkway with parking for four vehicles, & a spacious fully fenced backyard ideal for tenant use. Major updates include shingles replaced in 2018 & a new furnace in 2025. The property has not been occupied since renovations were completed, allowing a new owner to start fresh with selecting their own tenants. Prior to updates the home was consistently rented, with the most recent rent at $3200 per month. With the extensive upgrades already completed, the property presents excellent potential for increased rents, strong cash flow, & long term investment value in a proven student rental location just steps from Fanshawe College.
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Property Features
Cul de Sac/Dead End, Fenced Yard, Public Transit, Rec./Commun.Centre, School Bus Route, Park, Primary Bedroom - Main Floor, Sump Pump, Private, Tandem, Smoke Detector
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Property Details
Address
959 Prosperity Court
Community
City
Postal Code
N5V 5C7
Property Type
Detached, Detached
Days On Market
9
Zoning
R1-3
Lot Size
39' x 135'
Taxes
$3,738 (2025
Basement
Finished, Full
Exterior
Porch, Landscaped, Patio
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Royal Lepage Triland Realty
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