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Home ON Greater London London Huron Heights
988 PROSPERITY Court
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988 PROSPERITY Court $639,000
4 days ago
$639,000
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988 PROSPERITY Court
London, Ontario N5V5C7

MLS® Number: 40755123
3 + 2
Bedrooms
3
Bathrooms
1950
Square Feet

Listing 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! (69414390)

Location Description

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

Property Summary

Property Type
Single Family
Building Type
House
Storeys
2
Square Footage
1950 sqft
Subdivision Name
East D
Title
Freehold
Land Size
under 1/2 acre
Built in
1998
Annual Property Taxes
$4,543
Total Parking Spaces
4
Time on REALTOR.ca
4 days

Building

Bedrooms
Above Grade
3
Below Grade
2
Bathrooms
Total
3
Partial
1
Interior Features
Appliances Included
Dishwasher, Dryer, Refrigerator, Stove, Washer, Hood Fan
Basement Type
Full (Finished)
Building Features
Features
Southern exposure, Sump Pump
Style
Detached
Architecture Style
2 Level
Rental Equipment
Water Heater
Structures
Porch
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)
Utilities
Utility Type
Cable (Available), Electricity (Available), Natural Gas (Available), Telephone (Available)
Utility Communications
High Speed Internet
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Amenities Nearby
Airport, Public Transit, Schools
Parking
Total Parking Spaces
4

Measurements

Square Footage
1950 sqft
Above Grade Finished
1500 sqft
Source: Owner
Below Grade Finished
450 sqft
Source: Owner
Total Unfinished
50 sqft

Rooms

MetricImperial
Main level
2pc Bathroom
Kitchen
Living room
Second level
3pc Bathroom
Bedroom
Bedroom
Primary Bedroom
Basement
Kitchen
3pc Bathroom
Bedroom
Bedroom

Land

Lot Features
Fencing
Fence
Frontage
37 ft
Land Depth
154 ft
Other Property Information
Access
Road access, Highway Nearby
Zoning Description
R1-3
Data provided by: Cornerstone - Waterloo Region 540 Riverbend Drive, Kitchener, Ontario N2K 3S2

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