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Investor Alert! Rare Opportunity To Own A Cash-Flow Positive, Fully Upgraded Detached 2-Storey Home With A Brand New Legal Basement Apartment In The Highly Desirable Summerside Area Of London. This Income-Generating Property Features 4+2 Bedrooms, 5 Bathrooms, And Over 3,100 Sq. Ft Of Total Finished Living Space Ideal For Investors Or Buyers Looking To House Hack By Living Upstairs And Renting The Basement. The Main Unit Offers 4 Spacious Bedrooms, 3 Bathrooms, Main Floor Laundry With New Washer And Dryer, A Bright Open Layout, Brand New Engineered Hardwood Flooring, Fresh Paint, A Modern Kitchen With New Stove And Fridge, And New Quartz Countertops, Perfect For Large Families Or Strong Rental Income (Estimated Rent: $2,800$3,200/Month). The Legal Basement Apartment, Completed In January 2025 , Features 2 Bedrooms, 2 Bathrooms, A Separate Living Area, Private Laundry, And A Full Kitchen With New Appliances (Fridge, Stove, Range Hood). It Is Currently Rented At $1,700/Month To Excellent Tenants. With A Double-Car Garage And A Total Of 4 Parking Spaces, This Property Is Low-Maintenance And Move-In Ready Ideal For Both Passive Investors And Hands-On Homeowners. Located Just 5 Minutes From Hwy 401, Walking Distance To Public Transit And Meadowgate Park, And Close To Multiple Parks, Sports Courts, Trails, And Top-Rated Schools, This Is A Family-Friendly And Tenant-Attractive Neighbourhood. Whether You're House Hacking Or Building Your Rental Portfolio, This Dual-Income Home Delivers Immediate Cash Flow, Legal Peace Of Mind, And Long-Term Appreciation. Book Your Private Showing Today Opportunities Like This Don't Last!
Main Floor: Washer, Dryer, Refrigerator, Stove, Dishwasher | Basement: Washer, Dryer, Refrigerator, Stove
City: London South
Neighborhood: South U
Purchase Price | $849990 |
Down Payment | $169998 |
Mortgage Insurance | $0 |
Total Mortgage | $679992 |
Mortgage Payment | $4190 |
Property Taxes | $518 |
Maintenance Fees | $0 |
Monthly Payment | $4709 |
Sold Comparables homes near 3264 Meadowgate Blvd, London South
Located at 3264 Meadowgate Blvd , this London South house is available for sale. This property was listed for $849,990 on Sun Jul 06 2025. This house's size is 2000-2500 Sqft. It has 4 bedrooms and 5 bathrooms. The property includes the following rooms: Living, Family, Kitchen, Breakfast, Primary, 2nd Br, 3rd Br, 4th Br, Br, 2nd Br. This property comes with 4 parking spots. 3264 Meadowgate Blvd, London South is situated in the South U neighbourhood.
MLS#: X12265840 · $849,990 · 4 bedroom house in South U, London South