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.
Details
X12772200
4
$549,900
Vacant
None
1 + 1
Bungalow
3 + 3
2
700-1100 Sqft
N/A Acres
16-30
Detached
Sale
Additional details
Forced Air / Gas
R1-3
$3738
2025
LOT 15, PLAN 33M-347, LONDON.
N/A
N
Finished,Full
Central Air
Porch,Landscaped,Patio
Cul de Sac/Dead End,Fenced Yard,Public Transit,Rec./Commun.Centre,School Bus Route,Park
Municipal
Rooms
Living Room
Main Level
5.03 x 6.66
Kitchen
Main Level
2.46 x 5.14
Bedroom
Main Level
3.16 x 3.92
Bedroom
Main Level
2.6 x 3.91
Bedroom
Main Level
3.28 x 2.91
Bathroom
Main Level
1.45 x 2.72
Family Room
Basement Level
5.04 x 7.69
Bedroom
Basement Level
3.18 x 3.37
Bedroom
Basement Level
2.53 x 3.82
Bedroom
Basement Level
2.5 x 3.82
Laundry
Basement Level
3.02 x 3.67
Bathroom
Basement Level
1.72 x 2.19
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FAQ
What is the total square footage of the X12772200 - 959 Prosperity Court, London East, ON N5V 5C7?
The total square footage of this property is 700-1100 SqFt.
What schools near to X12772200 - 959 Prosperity Court, London East, ON N5V 5C7?