ON > London
London, ON N5V 5C7,988 Prosperity Court
London, ON N5V 5C7,988 Prosperity Court
London, ON N5V 5C7,988 Prosperity Court
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Listed by Emanuel Catana • SMART FROM HOME REALTY LIMITED
$639,000
Est. payment /mo
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5 Beds
3 Baths
1,500 SqFt
New

988 Prosperity Court London, ON N5V 5C7

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $426

MLS Listing ID 40755123

Style Two Story

Bedrooms 5

Full Baths 2

Half Baths 1

Abv Grd Liv Area 1,950

Year Built 1998

Annual Tax Amount $4,543

Property Sub-Type Detached

Source Waterloo Region

Property 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!

Location

Province ON

County Middlesex

Area East

Zoning R1-3

Direction When heading North on Fanshawe College Blvd turn right onto Fleming Drive, followed by right onto Prosperity Court

Rooms

Basement Separate Entrance, Walk-Up Access, Full, Finished, Sump Pump

Bedroom 2 3

Kitchen 2

Interior

Interior Features High Speed Internet, In-law Capability

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

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

Laundry In Basement, Inside, Main Level

Exterior

Fence Full

Utilities Available Cable Connected, Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Phone Connected

Roof Type Shingle

Porch Porch

Lot Frontage 36.72

Lot Depth 153.87

Garage No

Building

Lot Description Urban, Airport, Major Highway, Public Transit, Schools

Faces When heading North on Fanshawe College Blvd turn right onto Fleming Drive, followed by right onto Prosperity Court

Foundation Concrete Perimeter

Sewer Sewer (Municipal)

Water Municipal-Metered

Architectural Style Two Story

Structure Type Brick,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 081050350

Ownership Freehold/None

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988 Prosperity Court