u.w.o. income generator

383 CASTLEGROVE CLOSE ~ LONDON, ONTARIO ~ $389,000.00

INCOME: $2,850/MONTH ~ 5 BEDROOMS ~ 4 BATHS

Welcome home! Wow, it is rare that one home can offer so much. 383 Castlegrove Close is perfect for those looking for a beautiful family home in a great neighbourhood, or investors who are looking to add a solid income generator to their base. Nestled among mature trees on a quiet court, this spacious back-level split boasts four large bedrooms, with a fifth bedroom that doubles as an office, as well as four bathrooms (two with full showers), and two separate living rooms. The bright, open-concept kitchen features a large centre island and breakfast nook, the perfect spot for entertaining or simply savouring your morning coffee as the sunlight pours in. Experience the peaceful sounds of nature on your spacious front porch or enjoy quiet evenings on your back patio overlooking the large, private backyard. Conveniently located close to Western University, and just a short drive to downtown London, you will fall in love with this home, its surroundings, and community.

For the investor, this home has tremendous revenue generation potential. It was previously (2015/2016) rented for $2,850/month by clean, respectful tenants. This home has attracted premium tenants (young working professionals and graduate students) and is easily filled as a rental property. With a brand new roof and newer furnace and windows, simply pick this up and start making money. Call today to book your own private viewing.

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Key Features:

  • Property Taxes: $3,392/year (2016)
  • 5 Bedrooms (3 upper level, 2 in basement)
  • 4 bathrooms (1 4-piece on upper level, 2-piece ensuite on upper level, 2-piece in basement, 3-piece in lowest level)
  • Previous monthly income ($2,850/Month)
  • Roof re-shingled in 2016
  • Open concept kitchen with large centre island
  • Large windows throughout
  • Single car garage
  • Most furnishings negotiable

Exterior Photos (Click image for expanded view)

interior Photos (Click image for expanded view)

lower level Photos (Click image for expanded view)

 

CORY MCARTHUR

Sales Representative

Mobile: 519.476.7016