258 Wellington Rd

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Listing Description

This versatile 1.5-storey home offers 7 bedrooms and 3 full bathrooms, ideal for large families, multi-generational living, or savvy investors. Just a 5-minute walk to Victoria Hospital and a quick drive to Highway 401, this well-located property is also on a major bus route with direct access to Western University and Fanshawe College, perfect for students, professionals, and commuters alike. The finished basement includes a private entrance, full kitchen, 4-piece bathroom, family room, and two additional rooms, creating a self-contained in-law suite or rental unit with excellent income potential. The upper level currently generates $2,400/month, while the lower unit rents for $1,450/month, bringing the total to $3,850/month. The single-car detached garage has previously been rented for $100/month, offering even more earning potential. Additional features include a private driveway, a beautifully treed backyard perfect for relaxing or entertaining, and proximity to schools, shopping, parks, and public transit. Don't miss this opportunity to own a spacious, income-generating property in one of London's convenient and high-demand areas.