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Renanza Realty
For sale

1519 HOWLAND AVENUE

London East (East H), Ontario

MLS® X13454130

$524,999

Status
Active
Property type
House
MLS® number
X13454130
Bedrooms
6
Bathrooms
2
Year built

Listing description

Welcome to 1519 Howland Ave, a prime opportunity for invesmtent with the upper three bedroom level newly leased with additonal steady income of the seperately leased three bedroom lower level! This property is only a couple minutes walk to Fanshawe College. A well suited opportunity for investors and a great option for multi-generational families!

With both units rented this property is garnering over $3800 a month in rental income; with soild cash flow potential averaging over $3000 a month after expenses. The upper unitThe prime set up of this property features two seperate living spaces: totalling six bedrooms; including a main level space and lower level with seperate walkout entrance; each floor featuring three spacious bedrooms, a functional washroom (a four piece washroom upstairs and three piece full bath on the lower level), a kitchen on each level and a shared open living room. The seperate living areas could also be ideal for a multi-generational family looking to have the set up of two seperate living areas.

Not to be outdone; the location also features a large functional yard with old growth trees and a covered patio. The neighbourhood offers a balance of families and students. This location also offers an impressive long double wide driveway that could accomodate for up to ten vehicles.

This property also offers very close access to major public transit routes (with the future Oxford St LTR only minutes away) and is situated in close walking/driving/transit distance to major shopping centers including the Oxbury Plaza and Argyle Mall; and has many sports and recreation centers in the direct and surrounding areas. Although it sits in close proximity to major transportation routes, the house is sheltered from high activity and offers a quaint environment on a dead end road. This could be a prime candidate for an additonal garden suite unit with a large open backyard and plenty of existing parking in place to accomodate for an additional unit/units.

Property summary

MLS® number
X13454130
Property type
Single Family
Building type
House
Title
Freehold
Land size
57 x 134 FT ; 7.1 x 134.65 x 57.12 x 134.26 x 20.01/ft
Annual property taxes
$4,157.00
Parking
10 spaces · No Garage
Days on market
80 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, Full, Apartment in basement, Walk out, N/A, N/A
Appliances
Washer, Refrigerator, Water meter, Dishwasher, Range, Dryer, Microwave, Two stoves, Water Heater
Exterior features
Brick, Aluminum siding
Lot features
Level lot, Flat site, Carpet Free, In-Law Suite
Community features
School Bus
View
City view
Architectural style
Bungalow

What would this home cost you?

Based on the $524,999 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,443 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of EXP REALTY, LONDON.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.