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Mahesh Khatri

mkhatri.teammahesh@gmail.com +1(416) 464-6568

$ 659,000

Est. payment | -/mo

3 Beds

2 Baths

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$ 659,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X9358053

Style Bungalow

Bedrooms 3

Annual Tax Amount $2,880

Tax Year 2023

Property Description

Attention investors and multi-generational families! This high quality property is being offered together or independant of neighbouring income property 1519 Howland Ave (MLS #: X9358072); conveniently located several doors down on the same road.This impressive student rental opportunity generating over $3700/mo in rental income is ideally situated on the doorstep of Fanshawe College. Literally located less than couple minutes walk to the main access on Oxford Street with convenient direct access through gate situated at the rear of the yard. The prime set up of this property features two seperate living spaces totalling six bedrooms; including a main level and lower level with seperate walkout entrance; each featuring three spacious bedrooms, a functional renovated washroom, renovated modern style kitchen, and a shared living area. The seperate living areas could also be ideal for a multi-generational family looking to have the set up of two seperate living areas. The neighbourhood offers a balance of families and students. This location also offers an impressive long double wide driveway that could accomodate for up to ten cars with a functional double car garage that could also house an additional two vehicles. Currently this space has items being stored by tenants; however this is not in their leases so could be repurposed by the owners or used to generate addtional income for storage. This property also offers very close access to major public transit routes and is situated in close driving distance to major shopping centers including the Oxbury plaza and Argyle Mall; and has many sports and recreation centers in the direct and surrounding area. Although it sits in close proximity to major transportation routes, the house sits near the end of a culdesac that is sheltered from high activity. This could be a prime candidate for an additonal garden suite unit and/or adding value through pursuing the process to convert the property into a legal duplex as an option.

Location

Province ON

County Middlesex

Area East H

Rooms

Family Room Yes

Basement Finished, Separate Entrance

Kitchen 1

Separate Den/Office 3

Interior

Interior Features Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, Water Heater Owned, Water Meter, Countertop Range, Floor Drain

Cooling Central Air

Fireplace Yes

Heat Source Gas

Exterior

Exterior Feature Landscaped, Patio, Porch, Year Round Living

Garage Private Double, Private

Garage Spaces 10.0

Pool None

Waterfront No

View City, Trees/Woods

Roof Type Asphalt Shingle

Parking Type Detached

Total Parking Spaces 12

Building

Unit Features Cul de Sac/Dead End,Fenced Yard,Public Transit,School,School Bus Route,Rec./Commun.Centre

Foundation Poured Concrete

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

Listed by EXP REALTY

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

1504 Howland AVE London, ON N5V 1W7

Mahesh Khatri

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1504 Howland AVE