Investment Opportunity Near Fanshawe College! Welcome to 1840 Culver Drive, a prime rental property offering strong income and future growth potential. Currently rented by the room, this spacious home features six bedrooms, each generating $550+ per month, providing reliable cash flow with room to increase rents through future upgrades. The location is crucial just a 30-second walk to public transit and only a five-minute bus ride or short walk to Fanshawe College, with shopping center's, parks, places of worship, and Highway 401 all nearby. The property also includes three dedicated parking spaces plus visitor parking within the complex, and is apart of the municipal garbage route, making it the ideal mix of immediate income and long-term equity growth. (id:4555)
PROPERTY SPECS
Listing ID X12454856
Address 1840 CULVER DRIVE
City London East (East I), ON
Price $389,000
Bed / Bath 6 / 2 Full
Style Bungalow
Construction Vinyl siding
Flooring Tile
Status For sale
EXTENDED FEATURES
AppliancesDryer, Refrigerator, Stove, Washer, Water Heater, Water meterBasementN/ABasement DevelopmentFinishedParking3Amenities NearbyPark, Place of Worship, SchoolsCommunity FeaturesPet Restrictions, School BusEquipmentWater HeaterFeaturesCarpet FreeMaintenance FeeCommon Area MaintenanceOwnershipCondominium/StrataRental EquipmentWater HeaterStructureDeckBuilding AmenitiesVisitor ParkingCoolingCentral air conditioningFire ProtectionSmoke DetectorsFoundationPoured ConcreteHeatingForced airHeating FuelNatural gasDate Listed2025-10-09 20:00:57Days on Market12Parking3