House for sale in London East — $549,000

Welcome to 1519 Howland Ave, a prime opportunity to aquire for student occupation of the currently vacant three bedroom upper level with steady income of the seperately leased three bedroom lower level! This property is only a couple minutes walk to Fanshawe College. Also a well suited opportunity for investors and multi-generational families! With both units rented this property was garnering over $3800 a month in rental income; with soild cash flow potential averaging over $3000 a month after expenses. The prime set up of this property features two seperate living spaces: totalling six bedrooms; including a main level space and lower level with seperate walkout entrance; each floor featuring three spacious bedrooms, a functional washroom (a four piece washroom upstairs and three piece full bath on the lower level), a kitchen on each level and a shared open living room. The seperate living areas could also be ideal for a multi-generational family looking to have the set up of two seperate living areas. Not to be outdone; the location also features a large functional yard with old growth trees and a covered patio. 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 vehicles. This property also offers very close access to major public transit routes (with the future Oxford St LTR only minutes away) and is situated in close walking/driving/transit distance to major…
See the original listing at Century 21
Homes for sale in London East · House for sale in London East