988 Prosperity Court, London ON

About 988 Prosperity Court

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:56071). Get more information on 988 Prosperity Court

Property Features

Appliances:  Dishwasher, Dryer, Refrigerator, Stove, Washer, Hood Fan
Features:  Southern exposure, Sump Pump
Rental Equipment:  Water Heater
Directions:  When heading North on Fanshawe College Blvd turn right onto Fleming Drive, followed by right onto Prosperity Court
Zoning Description:  R1-3
Interior Size:  1950 sqft
Fence:  Fence
Communication Type:  High Speed Internet
Access:  Road access, Highway Nearby
Lot:  under 1/2 acre
Exterior Finish:  Brick, Vinyl siding
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / Central air conditioning
Age:  1998
Constructed Date:  1998
Basement:  Full (Finished) Finished

Rooms & Sizes

3pc Bathroom Second level Measurements not available	Bedroom Second level 11 5 x 9 9	Bedroom Second level 10 10 x 9 0
Primary Bedroom Second level 14 10 x 11 5	Kitchen Basement 7 0 x 5 0	3pc Bathroom Basement Measurements not available
Bedroom Basement 17 6 x 7 7	Bedroom Basement 9 0 x 10 1	2pc Bathroom Main level Measurements not available
Kitchen Main level 17 11 x 15 7	Living room Main level 19 11 x 10 10