988 PROSPERITY Court, London

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  • 988 PROSPERITY Court, London
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  • November 10, 2026
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For sale Active MLS® 40814471

988 PROSPERITY Court

London, Ontario N5V5C7

$549,000
  • 5 Beds
  • 3 Baths
  • 1950 sqft
  • Single Family

Listed by Smart From Home Realty Limited

Property typeSingle Family
BuildingHouse
Year built1998
Parking4
Annual taxes$4,543
Listed onMar 24, 2026

Description

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! (id:37124)

Property details

Price$549,000
StatusActive
TransactionFor sale
Property typeSingle Family
Building typeHouse
OwnershipFreehold
Storeys2
Bedrooms5
Bathrooms3
Living area1950 square feet
Year built1998
Frontage37
ZoningR1-3
BasementFinished, Full
HeatingForced air, Natural gas
CoolingCentral air conditioning
ExteriorBrick, Vinyl siding
Parking spaces4
WaterMunicipal water
SewerMunicipal sewage system
AppliancesWasher, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
Annual taxes$4,543
NeighbourhoodEast D
Listed onMar 24, 2026
MLS® number40814471

Rooms

LevelRoomDimensions
Basement Kitchen 5'0'' x 7'0''
Basement 3pc Bathroom
Second level 3pc Bathroom
Main level 2pc Bathroom
Basement Bedroom 7'7'' x 17'6''
Basement Bedroom 10'1'' x 9'0''
Second level Bedroom 9'9'' x 11'5''
Second level Bedroom 9'0'' x 10'10''
Second level Primary Bedroom 11'5'' x 14'10''
Main level Kitchen 15'7'' x 17'11''
Main level Living room 10'10'' x 19'11''

Location

All listing details (52)
Above Grade Finished Area1500
Above Grade Finished Area SourceOwner
Above Grade Finished Area Unitssquare feet
AppliancesWasher, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
BasementFinished, Full
Bathrooms Partial1
Bathrooms Total Integer3
Bedrooms Above Grade3
Bedrooms Below Grade2
Bedrooms Total5
Below Grade Finished Area450
Below Grade Finished Area SourceOwner
Below Grade Finished Area Unitssquare feet
CityLondon
Common InterestFreehold
CoolingCentral air conditioning
CountryCanada
DirectionsWhen heading North on Fanshawe College Blvd turn right onto Fleming Drive, followed by right onto Prosperity Court
Exterior FeaturesBrick, Vinyl siding
FencingFence
Fireplace YNNo
Frontage Length Numeric37
Frontage Length Numeric Unitsfeet
Geocode Manual YNYes
HeatingForced air, Natural gas
Internet Address Display YNYes
Internet Entire Listing Display YNYes
List AORCornerstone
List Price549000
Living Area1950
Living Area Unitssquare feet
Lot FeaturesSouthern exposure, Sump Pump
Original Entry Timestamp2026-03-24T15:03:10.78Z
Parking Total4
Photos Count16
Postal CodeN5V5C7
Property Attached YNNo
Property Sub TypeSingle Family
SewerMunicipal sewage system
Standard StatusActive
State Or ProvinceOntario
Stories2
Street NamePROSPERITY
Street Number988
Street SuffixCourt
Structure TypeHouse
Subdivision NameEast D
Tax Annual Amount4543
UtilitiesNatural Gas, Electricity, Cable, Telephone
Water SourceMunicipal water
Year Built1998
Zoning DescriptionR1-3

Listing courtesy of

Listing brokerage

Smart From Home Realty Limited

619 Wild Ginger Ave. Unit D23, Waterloo, Ontario

519-880-8866

Listing agent

Emanuel Catana

519-501-3399

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