$619,000 FOR SALE

Detached Bungalow

Bedrooms: 3+3Bathrooms: 2Lot: 57 x 134 ft
2023 Taxes: $2,996

1519 Howland Ave
London, ON N5V 1W8 | East H | Middlesex

Attention investors and multi-generational families! This high quality property is being offered together or independant of neighbouring income property 1504 Howland Ave (MLS #: X9358053); conveniently located several doors down on the same road.This student rental opportunity is successfully garnering over $3800 a month in rental income; with high cash flow potential averaging over $3000 a month after expenses. It is situated on the doorstep of Fanshawe College; conviently located for students only a few minutes walk just up the road. The prime set up of this property features two seperate living spaces totalling six bedrooms; including a main level space and lower level with seperate walkout entrance; each featuring three spacious bedrooms, a functional washroom (a four piece washroom upstairs and three piece full path on the lower level), a kitchen on each level and a shared open living room. The seperate living areas could also be ideal for a multi-generational family looking to have the set up of two seperate living areas; and also features a large functional yard with old growth trees and a covered patio. The neighbourhood offers a balance of families and students. This location also offers an impressive long double wide driveway that could accomodate for up to ten cars. This property also offers very close access to major public transit routes and is situated in close driving distance to major shopping centers including the Oxbury Plaza and Argyle Mall; and has many sports and recreation centers in the direct and surrounding area. Although it sits in close proximity to major transportation routes, the house is sheltered from high activity and offers a quaint environment. This could be a prime candidate for an additonal garden suite unit with a large open backyard and/or adding value through pursuing the process to convert the property into a legal duplex as an option. Very competitively priced amoung comparible Fanshawe College student rental oppurtunities.

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Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9358072
Last Updated Oct 01, 2024
Property Summary
Property Type Detached

More like this:
PIN 081060046
Legal Description LOT 16, PLAN 675 LONDON/LONDON TOWNSHIP
Parcel of Tied Land N
Possession Date Flexible
Taxes (2023) $2,996
Assessment (2024) $205,000
Directions/Cross Streets First St & Howland Ave; Take Oxford St E heading East or West to First St; Take First St South; Take Howland St West; Property on South Side/ Left Hand Side of the road
Neighbourhood East H
Area Middlesex
Price History
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Detailed Information
Fronting On S
Link N
Property Features Cul De Sac, Fenced Yard, Park, Public Transit, Rec Centre, School
Waterfront None
Special Designations Unknown
Bedrooms 3+3
Bathrooms 2
Rooms 7+6
Kitchens 1
Lot 57 x 134 ft
Lot Irregularities 7.1 x 134.65 x 57.12 x 134.26 x 20.01/ft
Acreage <.50
Approximate Square Footage 1500-2000
Approximate Age 51-99
Exterior Alum Siding, Brick
Elevator N
Air Conditioning Central Air
Family Room Y
Fireplace/Stove Y
Pool None
Laundry Level Lower
Basement Fin W/O, Sep Entrance
Drive Private
Garage Spaces 0.0
Garage Type None
Parking Spaces 10
Total Parking Spaces 10.0
Retirement N
Heat Source Gas
Heat Type Forced Air
Sewers Sewers
Utilities-Hydro Y
Utilities-Gas Y
Utilities-Cable A
Utilities-Telephone A
Water Municipal
Zoning R1-6
Seller Property Info Statement N
Rooms
Room Level Dimensions Notes
Prim BdrmMain3.81 m x 3.15 m (12.5 ft x 10.33 ft)
BrMain3.35 m x 3.58 m (10.99 ft x 11.75 ft)
2nd BrMain3.45 m x 3.15 m (11.32 ft x 10.33 ft)
LivingMain4.27 m x 8.46 m (14.01 ft x 27.76 ft)
BathroomMain2.44 m x 1.52 m (8.01 ft x 4.99 ft)4 Pc Bath
KitchenMain3.15 m x 3.84 m (10.33 ft x 12.6 ft)
3rd BrBsmt2.36 m x 3.89 m (7.74 ft x 12.76 ft)
4th BrBsmt3.3 m x 2.95 m (10.83 ft x 9.68 ft)
5th BrBsmt3.35 m x 2.9 m (10.99 ft x 9.51 ft)
BathroomBsmt2.11 m x 1.55 m (6.92 ft x 5.09 ft)3 Pc Bath
KitchenBsmt6.53 m x 4.14 m (21.42 ft x 13.58 ft)Combined W/Living
LaundryBsmt3.25 m x 2.9 m (10.66 ft x 9.51 ft)
Bathrooms
Pieces Level
4Main
3Bsmt

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