Welcome to 75 Cleveland Pl, a beautifully updated investment property nestled in the heart of the desirable Glen Cairn neighbourhood. This fully renovated (2021) bungalow features a spacious 3+3 bedroom, 1+1 bathroom layout, situated on a 37x111 ft lot. The property is currently tenanted and generating $4,305/month inclusive, this property is an incredible investment opportunity. Tenants are on a month-to-month basis as of November, allowing for flexibility: they can remain for continued rental income or vacate with 60 days' notice, depending on your preference. The main level offers a bright, open-concept living and dining area perfect for family gatherings, along with three well-sized bedrooms. The lower level presents a fully modernized in-law suite with a separate entrance, featuring three additional bedrooms, a full bath, and a cozy living space-an ideal setup for extended family, guests, or rental income. Located in Glen Cairn, one of London's most charming and convenient communities, this property benefits from a peaceful, tree-lined street while being just minutes away from major amenities. With proximity to Victoria Hospital, top-rated schools, shopping centers, restaurants, and quick access to the 401 & 402 highways, Glen Cairn combines suburban tranquility with urban convenience. Whether you're seeking a multi-generational living solution, a mortgage helper, or a pure investment, 75 Cleveland Pl offers endless possibilities in a fantastic neighbourhood. Don't miss out on this rare opportunity! (id:4069)
Address |
75 CLEVELAND PLACE |
List Price |
$499,900 |
Property Type |
Single Family |
Type of Dwelling |
House |
Style of Home |
Bungalow |
Area |
Ontario |
Sub-Area |
London |
Bedrooms |
6 |
Bathrooms |
2 |
Lot Size |
39.47 x 110.92 FT Sq. Ft. |
MLS® Number |
X10415327 |
Listing Brokerage |
RARE REAL ESTATE
|
Basement Area |
N/A (Finished) |
Postal Code |
N5Z4T5 |
Zoning |
R1-4 |
Features |
Carpet Free, In-Law Suite |