$789,900
165 THURMAN Circle, London, ON N5V 4Z1
East D, London,
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TRREB.
Prime Investment Opportunity Legal 6-Bedroom Raised Ranch Near Fanshawe College! Located in an A+ rental location, this legal 6-bedroom raised ranch is a turnkey investment with a proven track record of high demand. Just a short walk to Fanshawe College, this property has never experienced a vacancy, consistently renting well in advance of the school year.Featuring high ceilings in the basement, updated flooring, and a new furnace & A/C (2024), Washer and Dryer (2022) this home is well-maintained. With tenants currently paying utilities, this investment generates $4,800/month ($57,600 annually), offering a cash flow of $1,370/month with 25% down and a 30-year amortization. Leases are secured until May 1, 2026, ensuring stability and peace of mind for investors.A rare find in an unbeatable locationdont miss out on this high-income, low-vacancy rental property!
- HoldoverDays: 60
- Architectural Style: Bungalow-Raised
- Property Type: Residential Freehold
- Property Sub Type: Detached
- DirectionFaces: South
- GarageType: Attached
- Directions: Turn left onto Fanshawe College Blvd, Turn right onto Fleming Dr, Turn left onto Farnsborough Crescent, Turn left on to Thurman Circle
- Tax Year: 2024
- Parking Features: Private
- ParkingSpaces: 3
- Parking Total: 4
- WashroomsType1: 1
- WashroomsType1Level: Main
- WashroomsType2: 1
- WashroomsType2Level: Lower
- BedroomsAboveGrade: 3
- BedroomsBelowGrade: 3
- Interior Features: Auto Garage Door Remote, Primary Bedroom - Main Floor
- Basement: Full, Finished
- Cooling: Central Air
- HeatSource: Gas
- HeatType: Forced Air
- ConstructionMaterials: Brick
- Exterior Features: Porch Enclosed, Deck
- Roof: Asphalt Shingle
- Sewer: Sewer
- Foundation Details: Poured Concrete
- Parcel Number: 081050130
- LotSizeUnits: Feet
- LotDepth: 105
- LotWidth: 41
- PropertyFeatures: Fenced Yard, Hospital, Park, Public Transit, Rec./Commun.Centre, School
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