1834 Fanshawe Park Rd W

Excellent residential/Commercial opportunity (live in or investment) close to downtown for under $400,000! Flexible floor plan with up to 4 bedrooms (one on main). Updates include high-efficiency forced air gas furnace & air, updated electrical panel, newer flooring & renos to kitchen. 2 piece bath on main, 3 piece bath upstairs & main floor laundry facilities. 2 front boulevard spaces leased from City of London & lots of additional street parking on Princess. (2 spots in front of house).Also viable as residential/commercial. AC-2 Zoning permits multiple uses-please check with City of London. Previously used on a long term basis as a law & a psychologist's office. Note that property is currently taxed at the commercial mill rate; application has been made to the City to tax at residential mill rate.

Fully rented turnkey investment generating $3,785 per month. Upper and lower units both include in-suite laundry. Fantastic location with direct bus to Fanshawe College in front of the house and minutes to 401 highway for all the commuters. Conveniently located steps away from Freshco Supermarket, Petro Canada, Convenience store and Tim Hortons. Major updates this year (2023) includes: all new windows throughout, new shingles and a new asphalt driveway for 6+ cars! Awesome addition to your portfolio with market rents in place. Come have a look and try your offer!