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David Johanns

david@homewithjohanns.com +1(416) 436-3441

$ 619,000

Est. payment -/mo

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1519 Howland AVE London, ON N5V 1W8

6 Beds

2 Baths

UPDATED:

10/01/2024 06:01 PM

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID X9358072

Style Bungalow

Bedrooms 6

Annual Tax Amount $2,996

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 1504 Howland Ave (MLS #: X9358053); conveniently located several doors down on the same road.This student rental opportunity is successfully garnering over $3800 a month in rental income; with high cash flow potential averaging over $3000 a month after expenses. It is situated on the doorstep of Fanshawe College; conviently located for students only a few minutes walk just up the road. 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 featuring three spacious bedrooms, a functional washroom (a four piece washroom upstairs and three piece full path 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; and 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 cars. 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 is sheltered from high activity and offers a quaint environment. This could be a prime candidate for an additonal garden suite unit with a large open backyard and/or adding value through pursuing the process to convert the property into a legal duplex as an option. Very competitively priced amoung comparible Fanshawe College student rental oppurtunities.

Location

Province ON

County Middlesex

Zoning R1-6

Rooms

Basement Finished with Walk-Out, Separate Entrance

Kitchen 1

Interior

Interior Features Accessory Apartment, Floor Drain, In-Law Suite, Primary Bedroom - Main Floor, Sump Pump, Water Heater Owned

Cooling Central Air

Inclusions 2 Stoves, Over the Range Vent Hood, 2 Refridgerators, Dishwasher, 2 Microwaves, Washer, Dryer, Hot Water Tank (Owned), Smoke Detectors, Carbon Monoxide Detectors, Light Fixtures, Garbage Cans / Recyling Bins

Exterior

Exterior Feature Patio, Landscape Lighting, Landscaped, Porch Enclosed, Year Round Living

Garage None

Garage Spaces 10.0

Pool None

Waterfront No

View City, Trees/Woods

Roof Type Asphalt Shingle

Building

Foundation Poured Concrete

Lited by EXP REALTY

David Johanns

Agent

+1(416) 436-3441

David Johanns

1519 Howland AVE London, ON N5V 1W8

Key Details

Location

Rooms

Interior

Exterior

Building

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1519 Howland AVE