Investor Alert! Rare Opportunity To Own A Cash-Flow Positive, Fully Upgraded Detached 2-Storey Home With A Brand New Legal Basement Apartment In The Highly Desirable Summerside Area Of London. This Income-Generating Property Features 4+2 Bedrooms, 5 Bathrooms, And Over 3,100 Sq. Ft Of Total Finished Living Space Ideal For Investors Or Buyers Looking To House Hack By Living Upstairs And Renting The Basement. The Main Unit Offers 4 Spacious Bedrooms, 3 Bathrooms, Main Floor Laundry With New Washer And Dryer, A Bright Open Layout, Brand New Engineered Hardwood Flooring, Fresh Paint, A Modern Kitchen With New Stove And Fridge, And New Quartz Countertops, Perfect For Large Families Or Strong Rental Income (Estimated Rent: $2,800$3,200/Month). The Legal Basement Apartment, Completed In January 2025 , Features 2 Bedrooms, 2 Bathrooms, A Separate Living Area, Private Laundry, And A Full Kitchen With New Appliances (Fridge, Stove, Range Hood). It Is Currently Rented At $1,700/Month To Excellent Tenants. With A Double-Car Garage And A Total Of 4 Parking Spaces, This Property Is Low-Maintenance And Move-In Ready Ideal For Both Passive Investors And Hands-On Homeowners. Located Just 5 Minutes From Hwy 401, Walking Distance To Public Transit And Meadowgate Park, And Close To Multiple Parks, Sports Courts, Trails, And Top-Rated Schools, This Is A Family-Friendly And Tenant-Attractive Neighbourhood. Whether You're House Hacking Or Building Your Rental Portfolio, This Dual-Income Home Delivers Immediate Cash Flow, Legal Peace Of Mind, And Long-Term Appreciation. Book Your Private Showing Today Opportunities Like This Don't Last! |
Price | $849,990 |
Taxes: | $6219.42 |
Occupancy: | Tenant |
Address: | 3264 Meadowgate Boul , London South, N6M 0B7, Middlesex |
Directions/Cross Streets: | Meadowgate Blvd & Evans |
Rooms: | 10 |
Rooms +: | 6 |
Bedrooms: | 4 |
Bedrooms +: | 2 |
Family Room: | T |
Basement: | Apartment, Separate Ent |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Living Ro | 10.86 | 15.02 | Hardwood Floor |
Room 2 | Main | Family Ro | 10.86 | 20.93 | Hardwood Floor |
Room 3 | Main | Kitchen | 13.87 | 10.79 | Ceramic Floor, Stainless Steel Appl |
Room 4 | Main | Breakfast | 10.53 | 10.79 | Ceramic Floor |
Room 5 | Second | Primary B | 11.94 | 17.48 | 4 Pc Ensuite, Walk-In Closet(s) |
Room 6 | Second | Bedroom 2 | 10.96 | 14.27 | B/I Closet |
Room 7 | Second | Bedroom 3 | 11.74 | 18.4 | B/I Closet |
Room 8 | Second | Bedroom 4 | 10.73 | 11.91 | B/I Closet |
Room 9 | Basement | Bedroom | 11.58 | 9.45 | |
Room 10 | Basement | Bedroom 2 | 11.58 | 9.58 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Second |
Washroom Type 2 | 3 | Second |
Washroom Type 3 | 2 | Main |
Washroom Type 4 | 3 | Basement |
Washroom Type 5 | 2 | Basement |
Total Area: | 0.00 |
Approximatly Age: | 16-30 |
Property Type: | Detached |
Style: | 2-Storey |
Exterior: | Brick, Vinyl Siding |
Garage Type: | Attached |
(Parking/)Drive: | Available |
Drive Parking Spaces: | 2 |
Park #1 | |
Parking Type: | Available |
Park #2 | |
Parking Type: | Available |
Pool: | None |
Approximatly Age: | 16-30 |
Approximatly Square Footage: | 2000-2500 |
Property Features: | Park, Public Transit |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | Y |
Heat Type: | Forced Air |
Central Air Conditioning: | Central Air |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXECUTIVE REAL ESTATE SERVICES LTD. |
|
Virtual Tour | Book Showing | Email a Friend |
Type: | Freehold - Detached |
Area: | Middlesex |
Municipality: | London South |
Neighbourhood: | South U |
Style: | 2-Storey |
Approximate Age: | 16-30 |
Tax: | $6,219.42 |
Beds: | 4+2 |
Baths: | 5 |
Fireplace: | Y |
Pool: | None |