959 Prosperity Court, London East, Ontario N5V 5C7 (29340571)
959 Prosperity Court London East, Ontario N5V 5C7
$549,900
Excellent turnkey student rental opportunity located just 500 metres from the main gates of Fanshawe College. This fully renovated bungalow offers strong income potential in one of Londons most reliable & high demand rental markets, with close proximity to public transit, grocery stores, restaurants, parks, & major amenities along Oxford Street East & Highbury Avenue. This property also presents an ideal investment for parents with children attending Fanshawe College, offering the ability to house students while offsetting ownership costs with rental income. The main floor offers 3 bedrooms, a bright & sun filled living & dining area, & a full four piece bathroom with updated tub surround & quartz topped vanity. Recent renovations include luxury vinyl plank flooring throughout the living room, dining area, kitchen, hallway & bathroom, with the bedrooms finished in laminate flooring. Freshly painted throughout, the updated kitchen features high gloss Ikea cabinetry, quartz counters, & stainless steel fridge & stove.The lower level has also been fully updated & provides three additional bedrooms, a spacious living room, a three piece bathroom, & laundry area, all finished with luxury vinyl plank flooring. Updated light fixtures throughout complete the modernized interior. The exterior offers a stamped concrete driveway & walkway with parking for four vehicles, & a spacious fully fenced backyard ideal for tenant use. Major updates include shingles replaced in 2018 & a new furnace in 2025. The property has not been occupied since renovations were completed, allowing a new owner to start fresh with selecting their own tenants. Prior to updates the home was consistently rented, with the most recent rent at $3200 per month. With the extensive upgrades already completed, the property presents excellent potential for increased rents, strong cash flow, & long term investment value in a proven student rental location just steps from Fanshawe College. (id:53015)
Property Details
| MLS® Number | X12772200 |
| Property Type | Single Family |
| Community Name | East D |
| Amenities Near By | Public Transit, Park |
| Community Features | Community Centre, School Bus |
| Equipment Type | Water Heater - Gas, Water Heater |
| Features | Cul-de-sac, Irregular Lot Size, Sump Pump |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater - Gas, Water Heater |
| Structure | Porch, Patio(s), Shed |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 6 |
| Age | 16 To 30 Years |
| Appliances | Water Meter, Dryer, Stove, Washer, Refrigerator |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 700 - 1,100 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage | |
| Tandem |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Public Transit, Park |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 135 Ft |
| Size Frontage | 39 Ft ,3 In |
| Size Irregular | 39.3 X 135 Ft |
| Size Total Text | 39.3 X 135 Ft |
| Zoning Description | R1-3 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Laundry Room | 3.67 m | 3.02 m | 3.67 m x 3.02 m |
| Basement | Bathroom | 2.19 m | 1.72 m | 2.19 m x 1.72 m |
| Basement | Family Room | 7.69 m | 5.04 m | 7.69 m x 5.04 m |
| Basement | Bedroom | 3.37 m | 3.18 m | 3.37 m x 3.18 m |
| Basement | Bedroom | 3.82 m | 2.53 m | 3.82 m x 2.53 m |
| Basement | Bedroom | 3.82 m | 2.5 m | 3.82 m x 2.5 m |
| Main Level | Living Room | 6.66 m | 5.03 m | 6.66 m x 5.03 m |
| Main Level | Kitchen | 5.14 m | 2.46 m | 5.14 m x 2.46 m |
| Main Level | Bedroom | 3.92 m | 3.16 m | 3.92 m x 3.16 m |
| Main Level | Bedroom | 3.91 m | 2.6 m | 3.91 m x 2.6 m |
| Main Level | Bedroom | 2.91 m | 3.28 m | 2.91 m x 3.28 m |
| Main Level | Bathroom | 2.72 m | 1.45 m | 2.72 m x 1.45 m |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29340571/959-prosperity-court-london-east-east-d-east-d
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Lindsay Reid
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www.lindsayreid.ca/
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February 09 2026 06:51:45
London and St. Thomas Association of REALTORS®
Royal LePage Triland Realty
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Nicole Bartlett, Sales Representative, Coldwell Banker Star Real Estate, Brokerage
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