Welcome to 1519 Howland Ave, a prime opportunity for invesmtent with the upper three bedroom level newly leased with additonal steady income of the seperately leased three bedroom lower level! This property is only a couple minutes walk to Fanshawe College. A well suited opportunity for investors and a great option for multi-generational families! With both units rented this property is garnering over $3800 a month in rental income; with soild cash flow potential averaging over $3000 a month after expenses. The upper unitThe 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 floor featuring three spacious bedrooms, a functional washroom (a four piece washroom upstairs and three piece full bath 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. Not to be outdone; the location 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 vehicles. This property also offers very close access to major public transit routes (with the future Oxford St LTR only minutes away) and is situated in close walking/driving/transit distance to major shopping centers including the Oxbury Plaza and Argyle Mall; and has many sports and recreation centers in the direct and surrounding areas. Although it sits in close proximity to major transportation routes, the house is sheltered from high activity and offers a quaint environment on a dead end road. This could be a prime candidate for an additonal garden suite unit with a large open backyard and plenty of existing parking in place to accomodate for an additional unit/units.
| MLS # | 40840587 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 82 |
| Listing Provided By | EXP REALTY | Nathan Blanco |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,028 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R1-6 |
| Acreage | 0.18 |
| Property View | Yes |
| Appliances | Water Heater Owned |
|---|---|
| Rooms Total | 12 |
| Interior Features | High Speed Internet, Accessory Apartment, In-Law Floorplan |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Forced Air, Natural Gas |
| Heating Yes / No | Yes |
| Laundry Features | In Basement, In-Suite |
| Exterior Features | Canopy, Year Round Living |
|---|---|
| Lot Features | Urban, Rectangular, Arts Centre, Business Centre, Cul-De-Sac, Dog Park, Highway Access, Library, Major Anchor, Open Spaces, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby, Trails |
| Construction Materials | Aluminum Siding, Brick |
| Roof | Asphalt Shing |
| Fencing | Full |
| Foundation Details | Poured Concrete |
| Patio And Porch Features | Patio, Porch |
| Security Features | Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s), Smoke Detector(s) |
| Parking Features | Asphalt |
|---|---|
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
| Utilities | Cable Available, Cell Service, Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Available |
|---|---|
| Sewer | Sewer (Municipal) |
| Tax Annual Amount | 4157 |
|---|
| Province | ON |
|---|---|
| County | Middlesex |
| City | London |
| Postal Code | N5V 1W8 |
| Area | East |
| Subarea | East H |
| Community Name | East H |
| School District | Clarke Road Ss; John Paul Ii Cat |
| Elementary School | Forest City Ps; St. Pius X Catho |
| High School | Clarke Road Ss; John Paul Ii Cat |
| Listing VS Median (in East H) | |
Price: $524,999 low | high Med: $130,950 sqft: 1,028 low | high Med: 1,150 $ / sqft: $511 low | high Med: $119 On site: 82 low | high Med: 17 | |
| Province | ON |
|---|---|
| County | Middlesex |
| City | London |
| Postal Code | N5V 1W8 |
| Area | East |
| Subarea | East H |
| Community Name | East H |
| School District | Clarke Road Ss; John Paul Ii Cat |
| Elementary School | Forest City Ps; St. Pius X Catho |
| High School | Clarke Road Ss; John Paul Ii Cat |
| Listing VS Median (in East H) | |
Price: $524,999 low | high Med: $130,950 sqft: 1,028 low | high Med: 1,150 $ / sqft: $511 low | high Med: $119 On site: 82 low | high Med: 17 | |