Great property to add to your investment portfolio. New tenant on month to month rental basis. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is tenanted with rent of $2500 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. The input of our tax dollars has improved the area and curb appeal. The cap rate makes this a money maker for any investor. Separate entrance makes this one that could be duplexed.
Welcome to 872 Lovett Street in London, Ontario, a charming, nearly century-old bungalow situated on a quiet corner in a family-friendly pocket, close to parks, schools, shopping, transit, and easy access to the 401. Built in 1926, this thoughtfully cared-for home blends cozy curb appeal with smart, modern updates, making it ideal for young couples seeking their first home or investors looking for a turn-key addition to their portfolio. With 3+1 bedrooms and 2 full bathrooms, this property offers both space and functionality for today's buyers. Inside, you will find a bright and welcoming living room alongside three comfortable bedrooms, all recently refreshed for a timeless and modern feel. The heart of the home, the kitchen, and the full bathroom were completely updated in 2022 with new countertops, sink, flooring, and fixtures, creating a space designed for both style and practicality. That same year, the basement was renovated and includes a versatile fourth bedroom, making the lower level perfect for cozy gatherings, a home office, or a guest space, featuring its own separate entrance. In 2023, further essential upgrades were completed, including a brand-new 200-amp electrical panel, new appliances, backyard fence replacement, and the installation of a damp-proof membrane to ensure long-term comfort and peace of mind. 872 Lovett Street seamlessly combines classic charm with modern efficiency, all within a peaceful and well-connected London location. Whether you are launching into homeownership or expanding your rental portfolio, this property offers dependable comfort, strong investment potential, and the perfect balance of character and convenience.
