Investor Alert! Rare Opportunity To Own A Cash-Flow Positive, Fully Upgraded Detached 2-Storey Home With A Brand New Legal Basement Apartment In The Highly Desirable Summerside Area Of London. This Income-Generating Property Features 4+2 Bedrooms, 5 Bathrooms, And Over 3,100 Sq. Ft Of Total Finished Living Space Ideal For Investors Or Buyers Looking To House Hack By Living Upstairs And Renting The Basement. The Main Unit Offers 4 Spacious Bedrooms, 3 Bathrooms, Main Floor Laundry With New Washer And Dryer, A Bright Open Layout, Brand New Engineered Hardwood Flooring, Fresh Paint, A Modern Kitchen With New Stove And Fridge, And New Quartz Countertops, Perfect For Large Families Or Strong Rental Income (Estimated Rent: $2,800$3,200/Month). The Legal Basement Apartment, Completed In January 2025 , Features 2 Bedrooms, 2 Bathrooms, A Separate Living Area, Private Laundry, And A Full Kitchen With New Appliances (Fridge, Stove, Range Hood). It Is Currently Rented At $1,700/Month To Excellent Tenants. With A Double-Car Garage And A Total Of 4 Parking Spaces, This Property Is Low-Maintenance And Move-In Ready Ideal For Both Passive Investors And Hands-On Homeowners. Located Just 5 Minutes From Hwy 401, Walking Distance To Public Transit And Meadowgate Park, And Close To Multiple Parks, Sports Courts, Trails, And Top-Rated Schools, This Is A Family-Friendly And Tenant-Attractive Neighbourhood. Whether You're House Hacking Or Building Your Rental Portfolio, This Dual-Income Home Delivers Immediate Cash Flow, Legal Peace Of Mind, And Long-Term Appreciation. Book Your Private Showing Today Opportunities Like This Don't Last! (id:61852)
MLS® Number | X12265840 |
Property Type | Single Family |
Community Name | South U |
AmenitiesNearBy | Park, Public Transit, Schools |
EquipmentType | Water Heater |
Features | Carpet Free, Sump Pump, In-law Suite |
ParkingSpaceTotal | 4 |
RentalEquipmentType | Water Heater |
BathroomTotal | 5 |
BedroomsAboveGround | 4 |
BedroomsBelowGround | 2 |
BedroomsTotal | 6 |
Age | 16 To 30 Years |
Appliances | Dishwasher, Dryer, Stove, Washer, Refrigerator |
BasementFeatures | Apartment In Basement, Separate Entrance |
BasementType | N/a |
ConstructionStyleAttachment | Detached |
CoolingType | Central Air Conditioning |
ExteriorFinish | Brick, Vinyl Siding |
FireplacePresent | Yes |
FlooringType | Hardwood, Ceramic |
FoundationType | Poured Concrete |
HalfBathTotal | 2 |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 2 |
SizeInterior | 2000 - 2500 Sqft |
Type | House |
UtilityWater | Municipal Water |
Attached Garage | |
Garage |
Acreage | No |
LandAmenities | Park, Public Transit, Schools |
Sewer | Sanitary Sewer |
SizeDepth | 111 Ft ,7 In |
SizeFrontage | 36 Ft ,9 In |
SizeIrregular | 36.8 X 111.6 Ft |
SizeTotalText | 36.8 X 111.6 Ft |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Second Level | Primary Bedroom | 3.643 m | 5.334 m | 3.643 m x 5.334 m |
Second Level | Bedroom 2 | 3.34 m | 4.347 m | 3.34 m x 4.347 m |
Second Level | Bedroom 3 | 3.578 m | 5.607 m | 3.578 m x 5.607 m |
Second Level | Bedroom 4 | 3.271 m | 3.632 m | 3.271 m x 3.632 m |
Basement | Bedroom 2 | 3.53 m | 2.915 m | 3.53 m x 2.915 m |
Basement | Bedroom | 3.53 m | 2.878 m | 3.53 m x 2.878 m |
Main Level | Living Room | 3.308 m | 4.579 m | 3.308 m x 4.579 m |
Main Level | Family Room | 3.308 m | 6.378 m | 3.308 m x 6.378 m |
Main Level | Kitchen | 4.232 m | 3.29 m | 4.232 m x 3.29 m |
Main Level | Eating Area | 3.206 m | 3.29 m | 3.206 m x 3.29 m |
https://www.realtor.ca/real-estate/28565253/3264-meadowgate-boulevard-london-south-south-u-south-u
Contact us for more information
Abhishek Gupta
Salesperson