London, ON N5V5C7,988 PROSPERITY Court
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London, ON N5V5C7,988 PROSPERITY Court
London, ON N5V5C7,988 PROSPERITY Court
London, ON N5V5C7,988 PROSPERITY Court
London, ON N5V5C7,988 PROSPERITY Court
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$ 639,000
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988 PROSPERITY Court London, ON N5V5C7

5 Beds

3 Baths

1,950 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,950 sqft

Price per Sqft $327

Subdivision East D

MLS® Listing ID 40755123

Style 2 Level

Bedrooms 5

Half Baths 1

Year Built 1998

Property Sub-Type Freehold

Source Cornerstone - Waterloo Region

Property Description

Investors & First-Time Buyers – Don't Miss This Turnkey Opportunity Near Fanshawe College! 988 Prosperity Court, London | Around $4000 Monthly Income Potential | Fully Finished Basement with In-Law Suite. This versatile and income-generating 3+2 bedroom, 3-bathroom home located just steps from Fanshawe College. Whether you're an investor looking for solid monthly cash flow or a homeowner seeking a mortgage-helper potential, this home checks every box. Currently generating near $4000/month plus utilities, this property boasts a separate side entrance to a fully finished lower-level in-law suite, ideal for students, renters, or extended family. The basement features 2 bedrooms, a 3-piece bathroom, a roughed-in kitchenette, its own laundry, and private living space—perfect for maximizing rental income. The main floor offers an oversized living room with bay window, a 2-piece powder room, and a spacious kitchen with in-suite laundry. Patio doors lead to an impressive backyard—one of the largest in the area—complete with two storage sheds and plenty of outdoor space for tenants or future upgrades. Upstairs, you'll find a large primary bedroom with walk-in closet, two additional generously sized bedrooms, and a full 4-piece bathroom. Recent updates include: Brand new gas furnace (May 2025), New flooring throughout, Updated light & bathroom fixtures, Newer washer and dryer. Located on a quiet cul-de-sac just minutes from public transit, shopping, and Fanshawe College, this property offers a prime location and strong investment fundamentals. Don't Miss it! (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level Measurements not available 3pc Bathroom

Extra Room 2 Second level 11'5'' x 9'9'' Bedroom

Extra Room 3 Second level 10'10'' x 9'0'' Bedroom

Extra Room 4 Second level 14'10'' x 11'5'' Primary Bedroom

Extra Room 5 Basement 7'0'' x 5'0'' Kitchen

Extra Room 6 Basement Measurements not available 3pc Bathroom

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features No

Fence Fence

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Architectural Style 2 Level

Others

Ownership Freehold


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Listed by SMART FROM HOME REALTY LIMITED
agent

Graham Terryberry

Agent / Team Leader

+1(403) 909-6787

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988 PROSPERITY Court