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Royal LePage
Royal LePage
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$339,000

3+3 Beds

2 Baths

700 - 799 FEETSQ

QuickQuoteTM: $324K - $395K

London East (East I) ON, N5V 3K6

MLS® # X12454856

Property Information:

Investment Opportunity Near Fanshawe College! Welcome to 1840 Culver Drive, a prime rental property offering strong income and future growth potential. Currently rented by the room, this spacious home features six bedrooms, each generating $550+ per month, providing reliable cash flow with room to increase rents through future upgrades. The location is crucial just a 30-second walk to public transit and only a five-minute bus ride or short walk to Fanshawe College, with shopping center's, parks, places of worship, and Highway 401 all nearby. The property also includes three dedicated parking spaces plus visitor parking within the complex, and is apart of the municipal garbage route, making it the ideal mix of immediate income and long-term equity growth. (id:27)

Building Features:

  • Style: Detached
  • Amenities:
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Type: N/A
  • Exterior Finish: Vinyl siding
  • Fire Protection: Smoke Detectors
  • Floor Space: 700 - 799 sqft
  • Flooring Type: Tile
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water meter, Dryer, Stove, Washer, Refrigerator

Property Features:

  • OwnershipType: Condominium/Strata
  • Property Type: Single Family
  • Bedrooms: 3+3
  • Bathrooms: 2
  • Amenities Nearby: Park, Schools
  • Community Features: Pets Allowed With Restrictions, School Bus
  • Condo Fees: $130 Monthly
  • Features: Carpet Free
  • Floor Space (approx): 700 - 799 Square Feet
  • MaintenanceFee Type: Common Area Maintenance
  • Structure Type: Deck
  • Zoning: R1-1
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

Rooms:

  • Den Basement Level 3.96 m x 1.50 m
  • Bathroom Basement Level 1.88 m x 2.26 m
  • 4th Bedroom Basement Level 4.57 m x 3.25 m
  • 5th Bedroom Basement Level 3.66 m x 3.18 m
  • Kitchen Main Level 2.97 m x 2.72 m
  • Foyer Main Level 3.51 m x 1.22 m
  • Foyer Main Level 3.66 m x 0.91 m
  • 2nd Bedroom Main Level 4.65 m x 2.62 m
  • Primary Bedroom Main Level 4.39 m x 3.35 m
  • 3rd Bedroom Main Level 3.35 m x 2.57 m
  • Bathroom Main Level 2.62 m x 1.47 m
  • Living Main Level 4.72 m x 3.63 m

Convert Measurement to:


Courtesy of: KELLER WILLIAMS LIFESTYLES

REALTOR.ca  

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Location of 1840 CULVER DRIVE, London East (East I), Ontario, N5V 3K6

Demographic Information of 1840 CULVER DRIVE, London East (East I), Ontario, N5V 3K6

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$99,750.40

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.68 %

High school certificate or equivalent

31.42 %

Apprenticeship trade certificate/diploma

10.08 %

College/non-university certificate

25.74 %

University certificate (below bachelor)

0.71 %

University Degree

13.37 %

Commuter

Travel To Work

By Car

88.35 %

By Public Transit

5.91 %

By Walking

1.13 %

By Bicycle

0.0 %

By Other Methods

4.61 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.46 %

Houses

99.54 %

Own Vs. Rent

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