<-- style PDP --> 988 Prosperity Court, London East - Detached for sale for $639,000
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988 Prosperity Court

London East, Ontario, N5V 5C7 - East D

$639,000

  • Neighbourhood

    East D

  • Major Intersection

    Fanshawe College Blvd/Fleming Dr.

  • Listed Since: 60 day(s)

  • Last update: 1 day(s) ago

Overview

  • Property Type

    Detached, 2-Storey

  • Bedrooms

    3 + 2

  • Bathrooms

    3

  • Basement

    Finished + Sep Entrance

  • Kitchen

    1 + 1

  • Total Parking

    4

  • Lot Size

    36.72x153.87 (Feet)

  • Taxes

    $4,543.03 (2025)

  • Type

    Freehold

Property Description

Property description for 988 Prosperity Court, London East

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 within-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! **INTERBOARD LISTING: CORNERSTONE - WATERLOO REGION**

Listed by SMART FROM HOME REALTY LIMITED

  • MLS #

    X12313253

  • Sq. Ft

    1100-1500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    16-30

  • Pool

    None

  • Drive

    Pvt Double

  • Garage

    None

  • Total Parking

    4

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Poured Concrete

  • Elevator

    N

  • Water View

    n/a

  • Laundry Level

    Main

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    6.0 x 3.07 ft Main level

  • Kitchen

    5.2 x 4.8 ft Main level

  • Br

    4.3 x 3.5 ft 2nd level

  • 2nd Br

    3.1 x 2.8 ft 2nd level

  • 3rd Br

    3.5 x 3.0 ft 2nd level

  • Br

    2.7 x 3.1 ft Bsmt level

  • 2nd Br

    5.4 x 2.3 ft Bsmt level

  • Kitchen

    2.1 x 1.5 ft Bsmt level

  • MLS #

    X12313253

  • Sq. Ft

    1100-1500

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    16-30

  • Pool

    None

  • Drive

    Pvt Double

  • Garage

    None

  • Total Parking

    4

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Asphalt Shingle

  • Foundation

    Poured Concrete

  • Elevator

    N

  • Water View

    n/a

  • Laundry Level

    Main

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    6.0 x 3.07 ft Main level

  • Kitchen

    5.2 x 4.8 ft Main level

  • Br

    4.3 x 3.5 ft 2nd level

  • 2nd Br

    3.1 x 2.8 ft 2nd level

  • 3rd Br

    3.5 x 3.0 ft 2nd level

  • Br

    2.7 x 3.1 ft Bsmt level

  • 2nd Br

    5.4 x 2.3 ft Bsmt level

  • Kitchen

    2.1 x 1.5 ft Bsmt level

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 988 Prosperity Court, London East

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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