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$595,000
Ontario,London
For Sale Active
988 PROSPERITY Court, London, Ontario N5V5C7
  • 5
  • 3
  • 1,950 Sqft
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Basic Details
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! (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 40814471
  • Price: $595,000
  • Bedrooms: 5
  • Bathrooms: 3
  • Half Bathrooms: 1
  • Square Footage: 1,950 Sqft
  • Year Built: 1998
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 135429
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, Full
  • Fence: Fence
  • Architectural Style: 2 Level
  • Exterior Features: Brick, Vinyl siding
  • Sewer: Municipal sewage system
  • Utilities: Natural Gas, Electricity, Cable, Telephone
Address Map
  • Location: CA, Ontario, London, East D, N5V5C7
  • Street: PROSPERITY
  • Street Number: 988
  • Street Suffix: Court
  • Longitude: W82° 48' 15.9''
  • Latitude: N43° 0' 56.2''
Additional Information
  • Water Source:
  • Lot Features:
  • Stories: 2.0
Financial
  • Tax Annual Amount: 4543
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Listing updated: 2026-03-25 19:24:08
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Listing Information
  • List Agent Key: 1981149
  • List Office Key: 135429
  • Modification Timestamp: 2026-03-24T15:10:33Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-03-24T15:03:10Z
Powered by REALTOR.ca
Listing updated: 2026-03-25 19:24:09
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