Detached House sold at 959 Prosperity Court, London East, Ontario, N5V 5C7 - East D - MLS: X12772200

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959 Prosperity Court

London East, Ontario, N5V 5C7 - East D

$549,900$000000

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Neighbourhood

East D
Major Intersection

Prosperity Court and Fleming Drive

Listed Since: 81 day(s)
Last update: 43 day(s) ago

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Overview

Property Type

Detached, Bungalow
Bedrooms

3 + 3
Bathrooms

2
Basement

Finished + Full
Kitchen

1
Total Parking

4
Lot Size

39.29x134.99 (Feet)
Taxes

$3,738.00 (2025)
Type

Freehold

Property Description

Property description for 959 Prosperity Court, London East

Excellent turnkey student rental opportunity located just 500 metres from the main gates of Fanshawe College. This fully renovated bungalow offers strong income potential in one of Londons most reliable & high demand rental markets, with close proximity to public transit, grocery stores, restaurants, parks, & major amenities along Oxford Street East & Highbury Avenue. This property also presents an ideal investment for parents with children attending Fanshawe College, offering the ability to house students while offsetting ownership costs with rental income. The main floor offers 3 bedrooms, a bright & sun filled living & dining area, & a full four piece bathroom with updated tub surround & quartz topped vanity. Recent renovations include luxury vinyl plank flooring throughout the living room, dining area, kitchen, hallway & bathroom, with the bedrooms finished in laminate flooring. Freshly painted throughout, the updated kitchen features high gloss Ikea cabinetry, quartz counters, & stainless steel fridge & stove.The lower level has also been fully updated & provides three additional bedrooms, a spacious living room, a three piece bathroom, & laundry area, all finished with luxury vinyl plank flooring. Updated light fixtures throughout complete the modernized interior. The exterior offers a stamped concrete driveway & walkway with parking for four vehicles, & a spacious fully fenced backyard ideal for tenant use. Major updates include shingles replaced in 2018 & a new furnace in 2025. The property has not been occupied since renovations were completed, allowing a new owner to start fresh with selecting their own tenants. Prior to updates the home was consistently rented, with the most recent rent at $3200 per month. With the extensive upgrades already completed, the property presents excellent potential for increased rents, strong cash flow, & long term investment value in a proven student rental location just steps from Fanshawe College.

Listed by ROYAL LEPAGE TRILAND REALTY

Property details

MLS #

X12772200
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

16-30
Pool

None
Drive

Private, Tandem
Garage

None
Total Parking

4
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Shingles
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

Lower
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X12772200
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

16-30
Pool

None
Drive

Private, Tandem
Garage

None
Total Parking

4
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Shingles
Foundation

Poured Concrete
Elevator

n/a
Water View

n/a
Laundry Level

Lower
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

6.66 x 5.03 ft Main level
Kitchen

5.14 x 2.46 ft Main level
Br

3.92 x 3.16 ft Main level
Br

3.91 x 2.6 ft Main level
Br

2.91 x 3.28 ft Main level
Bathroom

2.72 x 1.45 ft Main level
Family

7.69 x 5.04 ft Bsmt level
Br

3.37 x 3.18 ft Bsmt level
Br

3.82 x 2.53 ft Bsmt level
Br

3.82 x 2.5 ft Bsmt level
Laundry

3.67 x 3.02 ft Bsmt level
Bathroom

2.19 x 1.72 ft Bsmt level

Contact Manoj Kukreja

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

Estimated price

Date

Price

Change

2026-02-09

$536,291

0.95%

Local Real Estate Price Trends for Detached in East D

Active listings

Number of Detached Sold

April 2026

Last 3 Months

Last 12 Months

April 2025

Last 3 Months LY

Last 12 Months LY

Change

300%

Change

700%

Change

40%

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Down Payment(%)*

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

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* 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.