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Pemberton Holmes Ltd.

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988 PROSPERITY Court
homes for sale · London · East D
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$549,000

988 PROSPERITY Court

East D, London · MLS® 40814471

534

1,950 sq ft · House · Single Family · built 1998 · 214 days on market

listed by EMANUEL CATANA, SMART FROM HOME REALTY LIMITED

realtor's description

Investors & First-Time Buyers – Don’t Miss This Turnkey Opportunity Near Fanshawe College! 988 Prosperity Court, London | Around $4000 Monthly Income Potential | Fully Finished Basement with In-Law Suite. This versatile and income-generating 3+2 bedroom, 3-bathroom home located just steps from Fanshawe College. Whether you're an investor looking for solid monthly cash flow or a homeowner seeking a mortgage-helper potential, this home checks every box. Currently generating near $4000/month plus utilities, this property boasts a separate side entrance to a fully finished lower-level in-law suite, ideal for students, renters, or extended family. The basement features 2 bedrooms, a 3-piece bathroom, a roughed-in kitchenette, its own laundry, and private living space—perfect for maximizing rental income. The main floor offers an oversized living room with bay window, a 2-piece powder room, and a spacious kitchen with in-suite laundry. Patio doors lead to an impressive backyard—one of the largest in the area—complete with two storage sheds and plenty of outdoor space for tenants or future upgrades. Upstairs, you’ll find a large primary bedroom with walk-in closet, two additional generously sized bedrooms, and a full 4-piece bathroom. Recent updates include: Brand new gas furnace (May 2025), New flooring throughout, Updated light & bathroom fixtures, Newer washer and dryer. Located on a quiet cul-de-sac just minutes from public transit, shopping, and Fanshawe College, this property offers a prime location and strong investment fundamentals. Don't Miss it!

property details

type
House, Single Family
bedrooms
5
bathrooms
3
living area
1,950 sq ft
parking
4
year built
1998
property tax
$4,543 / yr
days on market
214
listed by
EMANUEL CATANA
SMART FROM HOME REALTY LIMITED
call EMANUEL · 519-501-3399
Powered by: REALTOR.ca

similar homes nearby

MLS®
40814471

features

  • Southern exposure
  • Sump Pump
  • Washer
  • Refrigerator
  • Dishwasher
  • Stove

monthly cost

$2,771/mo
Mortgage $2,392 · Tax $379

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

estimated payment
$2,392/ monthly
loan $439,200
25-year amortization
total interest
$278,382
cash to close
$109,800
down payment; transfer tax and fees not included
total paid
$717,582

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

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location

East D, LondonGoogle Maps ↗

location

East D, LondonGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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