$639,000
3.96 BTC
Photos
Map
988 Prosperity Court, London
$639,000
PRICE
3 + 2
BEDROOMS
3
BATHROOMS
X12313253
MLSID

988 Prosperity Court, London

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 within-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! **INTERBOARD LISTING: CORNERSTONE - WATERLOO REGION**
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Summary

Address
988 Prosperity Court
City
Community
MLSID
X12313253
Property Type
Detached
Property Category
Bedrooms
3 + 2
Bathrooms
3
Kitchens
1 + 1
Zoning
R1-3
Taxes (Annual)
$4,543.03
Tax Year
2025
Published
July 29, 2025
Days on Market
2 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

Dishwasher, Dryer, Washer, Fridge, Stove

Exclusions

Tenants belongings

Details

Property Features
Cul de Sac/Dead End, Fenced Yard, Library, Park, Place Of Worship, Public Transit
Security Features
Smoke Detector
Bathroom 1
2-Piece Main Level
Bathroom 2
4-Piece Second Level
Bathroom 3
3-Piece Basement Level
Parking Spaces
4
Parking Total
4
Parking Features
Private Double
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Brick, Vinyl Siding
Lot Width
37 Feet
Lot Depth
154 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with SMART FROM HOME REALTY LIMITED
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