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For sale
  • C$639,000

    988 Prosperity Ct, London, ON N5V 5C7

    5beds
    1,500sqft
    Single Family Residence, Residential
    Built in 1998
    5,650.11 Square Feet Lot
    $-- Zestimate®
    C$426/sqft
    C$-- HOA

    What's special

    Fully finished basementIn-law suiteLower-level in-law suiteBay windowSpacious kitchenImpressive backyardLargest in the area
    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!
    6 days
    on Zillow
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    25
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    Zillow last checked: 7 hours ago

    Listing updated: July 27, 2025 at 09:30pm

    Listed by:

    Emanuel Catana, Salesperson,

    SMART FROM HOME REALTY LIMITED

    Source: ITSO,MLS®#: 40755123Originating MLS®#: Waterloo Region Association of REALTORS® (WRAR)
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Bedroom
    • Level: Second
    Bedroom
    • Level: Basement
    Bedroom
    • Level: Second
    Bedroom
    • Level: Basement
    Other
    • Features: Walk-in Closet
    • Level: Second
    Bathroom
    • Features: 3-Piece
    • Level: Second
    Bathroom
    • Features: 2-Piece
    • Level: Main
    Bathroom
    • Features: 3-Piece
    • Level: Basement
    Kitchen
    • Level: Main
    Kitchen
    • Level: Basement
    Living room
    • Level: Main
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Range Hood, Refrigerator, Stove, Washer
    • Laundry: In Basement, Inside, Main Level
    Features
    • High Speed Internet, In-law Capability
    • Basement: Separate Entrance,Walk-Up Access,Full,Finished,Sump Pump
    • Has fireplace: No
    Interior area
    • Total structure area: 1,950
    • Total interior livable area: 1,500 sqft
    • Finished area above ground: 1,500
    • Finished area below ground: 450

    Property

    Parking
    • Total spaces: 4
    • Parking features: Front Yard Parking
    • Uncovered spaces: 4
    Features
    • Patio & porch: Porch
    • Fencing: Full
    • Frontage type: North
    • Frontage length: 36.72
    Lot
    • Size: 5,650.11 Square Feet
    • Dimensions: 36.72 x 153.87
    • Features: Urban, Airport, Major Highway, Public Transit, Schools
    • Topography: Flat
    Details
    • Parcel number: 081050350
    • Zoning: R1-3

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Two Story
    • Property subtype: Single Family Residence, Residential
    Materials
    • Brick, Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • 16-30 Years
    • New construction: No
    • Year built: 1998

    Utilities & green energy

    • Sewer: Sewer (Municipal)
    • Water: Municipal-Metered
    • Utilities for property: Cable Connected, Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Phone Connected

    Community & HOA

    Location
    • Region: London

    Financial & listing details

    • Price per square foot: C$426/sqft
    • Annual tax amount: C$4,543
    • Date on market: 7/28/2025
    • Inclusions: Dishwasher, Dryer, Range Hood, Refrigerator, Stove, Washer
    • Electric utility on property: Yes
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