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Listed price in listed location currency (CAD).
$599,000

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  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1500 sqft
Garage No
Taxes $4,543
Days Active 2
Lot Size 
Approx. Age 1998
Avg. Price Per Sqft $399
MLS® Number 40778560

Property Address: 988 Prosperity Crt, London, ON, N5V5C7

Average square foot calculated using Size range provided by listing agent.

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!
MLS® Number40778560
Laundry LevelIn Basement, Inside, Main Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1998
BasementSeparate Entrance, Walk-Up Access, Full, Finished, Sump Pump
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral Air
Heating Fuel

Extras

Dishwasher, Dryer, Range Hood, Refrigerator, Stove, Washer

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 13, 2025List Date
$599,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

Home Appraisal

This property is estimated to sell between: $548,000 and $625,000.
Similar properties in this area sold on average for: $548,221
Expected to sell in 33 days. Similar properties sold in 35 days. This home has been on eXp Commercial Brokerage for 2 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
988 Prosperity Crt, London, ON

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