75 Cleveland Place, London, Ontario N5Z 4T5 (27633599)


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75 Cleveland Place London, Ontario N5Z 4T5

6 Bedroom 2 Bathroom
Bungalow Central Air Conditioning Forced Air

$589,900

Welcome to 75 Cleveland Pl, a beautifully updated and excellent investment property with a high CAP RATE! Nestled in the heart of the desirable Glen Cairn neighbourhood. This fully renovated (2021) bungalow features a spacious 3+3 bedroom, 1+1 bathroom layout, situated on a 37x111 ft lot. The property is currently tenanted and generating $4,305/month inclusive, this property is an incredible investment opportunity. Both sets of tenants are excellent and on a month-to-month basis as of November 2024, allowing for continuity. The main level offers a bright, open-concept living and dining area perfect for family gatherings, along with three well-sized bedrooms. The lower level presents a fully modernized in-law suite with a separate entrance, featuring three additional bedrooms, a full bath, and a cozy living space-an ideal setup for extended family, guests, or rental income. Located in Glen Cairn, one of London's most charming and convenient communities, this property benefits from a peaceful, tree-lined street while being just minutes away from major amenities. With proximity to Victoria Hospital, top-rated schools, shopping centers, restaurants, and quick access to the 401 & 402 highways, Glen Cairn combines suburban tranquility with urban convenience. Whether you're seeking a multi-generational living solution, a mortgage helper, or a pure investment, 75 Cleveland Pl offers endless possibilities in a fantastic neighbourhood. Don't miss out on this rare opportunity! **** EXTRAS **** Closing anytime for investment purposes. (id:49622)

Property Details

MLS® Number X10415327
Property Type Single Family
Community Name East J
EquipmentType Water Heater
Features Carpet Free, In-law Suite
ParkingSpaceTotal 5
RentalEquipmentType Water Heater

Building

BathroomTotal 2
BedroomsAboveGround 3
BedroomsBelowGround 3
BedroomsTotal 6
Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer
ArchitecturalStyle Bungalow
BasementDevelopment Finished
BasementFeatures Separate Entrance
BasementType N/a (finished)
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
Type House
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 110 Ft ,11 In
SizeFrontage 39 Ft ,5 In
SizeIrregular 39.47 X 110.92 Ft
SizeTotalText 39.47 X 110.92 Ft|under 1/2 Acre
ZoningDescription R1-4

Rooms

Level Type Dimensions
Lower Level Bedroom 2 2.92 m x 3.33 m
Lower Level Bedroom 3 2.59 m x 5.11 m
Lower Level Kitchen Measurements not available
Lower Level Bathroom Measurements not available
Lower Level Bedroom 4.24 m x 2.13 m
Main Level Living Room Measurements not available
Main Level Kitchen Measurements not available
Main Level Bedroom Measurements not available
Main Level Bedroom 2 Measurements not available
Main Level Bedroom 3 Measurements not available
Main Level Bathroom Measurements not available
Main Level Dining Room Measurements not available

Utilities

Cable Available
Sewer Installed

https://www.realtor.ca/real-estate/27633599/75-cleveland-place-london-east-j

Nirun Sivananthan
Salesperson


Rare Real Estate


Rare Real Estate

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