37 - 577 Third Street

East H, London East · MLS® X14091142

331

Townhouse · Single Family · 7 days on market

listed by ABBE SHEEDY, BLUE FOREST REALTY INC.

realtor's description

Excellent Investment Opportunity Near Fanshawe College! This 3-bedroom, 2.5-bathroom corner unit offers an attractive opportunity for investors looking for strong rental income and minimal management concerns. Currently generating $3,550/month in rental income, with problem-free tenants already in place, this property offers immediate cash flow and peace of mind. Ideally located close to Fanshawe College, shopping, restaurants, transit, parks, and everyday amenities, making it highly desirable for students, professionals, and long-term renters. Whether you're adding to your portfolio or looking for your first investment, this is an opportunity worth exploring.

property details

type: Townhouse, Single Family
bedrooms: 3
bathrooms: 3
parking: 1
property tax: $2,196 / yr
strata fee: $300 / mo
strata rules: Pets Allowed With Restrictions
days on market: 7
MLS®: X14091142

features

Pets Allowed With Restrictions
Water Heater

monthly cost

$1,789/mo

Mortgage $1,307 · Tax $183 · Strata $300

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$1,307/ monthly

loan $239,920

25-year amortization

down payment20% · $59,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $152,071
cash to close: $59,980; down payment; transfer tax and fees not included
total paid: $391,991

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.