Investor Alert! Rare Opportunity To Own A Cash-Flow Positive, Fully Upgraded Detached 2-Storey Home With A Brand New Legal Basement Apartment In The Highly Desirable Summerside Area Of London. This Income-Generating Property Features 4+2 Bedrooms, 5 Bathrooms, And Over 3,100 Sq. Ft Of Total Finished Living Space Ideal For Investors Or Buyers Looking To House Hack By Living Upstairs And Renting The Basement. The Main Unit Offers 4 Spacious Bedrooms, 3 Bathrooms, Main Floor Laundry With New Washer And Dryer, A Bright Open Layout, Brand New Engineered Hardwood Flooring, Fresh Paint, A Modern Kitchen With New Stove And Fridge, And New Quartz Countertops, Perfect For Large Families Or Strong Rental Income (Estimated Rent: $2,800$3,200/Month). The Legal Basement Apartment, Completed In January 2025 , Features 2 Bedrooms, 2 Bathrooms, A Separate Living Area, Private Laundry, And A Full Kitchen With New Appliances (Fridge, Stove, Range Hood). It Is Currently Rented At $1,700/Month To Excellent Tenants. With A Double-Car Garage And A Total Of 4 Parking Spaces, This Property Is Low-Maintenance And Move-In Ready Ideal For Both Passive Investors And Hands-On Homeowners. Located Just 5 Minutes From Hwy 401, Walking Distance To Public Transit And Meadowgate Park, And Close To Multiple Parks, Sports Courts, Trails, And Top-Rated Schools, This Is A Family-Friendly And Tenant-Attractive Neighbourhood. Whether You're House Hacking Or Building Your Rental Portfolio, This Dual-Income Home Delivers Immediate Cash Flow, Legal Peace Of Mind, And Long-Term Appreciation. Book Your Private Showing Today Opportunities Like This Don't Last!
MLS # | X12265840 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | New |
Days On Site | 11 |
Listing Provided By | EXECUTIVE REAL ESTATE SERVICES LTD. | X12265840 345200 |
Bed(s) | 6 |
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Bath(s) | 5 |
Basement | Y |
Story(s) | 2 |
Water Front | None |
Interior Features | Carpet Free, In-Law Suite, Sump Pump |
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Heating Yes / No | Yes |
Cooling Yes / No | Yes |
Cooling | Central Air |
Roof | Asphalt Shingle |
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Foundation Details | Poured Concrete |
Property | 6219 |
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Province | ON |
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County | Middlesex |
City | London South |
Postal Code | N6M 0B7 |
Area | South U |