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Royal LePage
Royal LePage
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$789,900

165 THURMAN CIRCLE, London, Ontario, N5V 4Z1

QuickQuoteTM: $697K - $848K
MLS® # X11986342

3+3 Beds

2 Baths

1499.9875 - 1999.983 FEETSQ sqft

Property Information:

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! (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Raised bungalow
  • Basement Development: Finished
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick
  • Fire Protection: Smoke Detectors
  • Floor Space: 1499.9875 - 1999.983 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Garage door opener remote, Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3+3
  • Bathrooms: 2
  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Community Features: Community Centre
  • Fence Type: Fenced yard
  • Floor Space (approx): 1499.9875 - 1999.983 Square Feet
  • Irregular: Yes
  • Lot Depth: 105.0 Feet
  • Lot Frontage: 41.0 Feet
  • Lot Size: 41 x 105 FT
  • Structure Type: Porch, Deck
  • Zoning: R1
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage, Garage
  • No. of Parking Spaces: 4

Rooms:

  • Bedroom Lower Level 5.18 m x 3.35 m
  • Bedroom Lower Level 3.96 m x 3.35 m
  • Bedroom Lower Level 3.81 m x 3.75 m
  • Great Room Lower Level 5.48 m x 4.57 m
  • Living Main Level 4.26 m x 3.65 m
  • Kitchen Main Level 4.57 m x 3.04 m
  • Dining Main Level 4.26 m x 3.65 m
  • Bedroom Main Level 3.81 m x 3.75 m
  • Bedroom Main Level 3.56 m x 3.50 m
  • Bedroom Main Level 2.97 m x 2.76 m

Convert Measurement to:


Courtesy of: SUTTON GROUP - SELECT REALTY

REALTOR.ca  

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Location of 165 THURMAN CIRCLE, London, Ontario, N5V 4Z1

Demographic Information of 165 THURMAN CIRCLE, London, Ontario, N5V 4Z1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$84,000.00

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.91 %

High school certificate or equivalent

32.91 %

Apprenticeship trade certificate/diploma

4.78 %

College/non-university certificate

21.45 %

University certificate (below bachelor)

1.8 %

University Degree

25.15 %

Commuter

Travel To Work

By Car

72.71 %

By Public Transit

17.65 %

By Walking

6.02 %

By Bicycle

1.86 %

By Other Methods

1.76 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

24.17 %

Houses

75.83 %

Own Vs. Rent

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