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3264 Meadowgate Boulevard London South, Ontario N6M 0B7

6 Bedroom 5 Bathroom 2000 - 2500 sqft
Fireplace Central Air Conditioning Forced Air

$849,990

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! (id:35544)

Property Details

MLS® Number X12265840
Property Type Single Family
Community Name South U
AmenitiesNearBy Park, Public Transit, Schools
EquipmentType Water Heater
Features Carpet Free, Sump Pump, In-law Suite
ParkingSpaceTotal 4
RentalEquipmentType Water Heater

Building

BathroomTotal 5
BedroomsAboveGround 4
BedroomsBelowGround 2
BedroomsTotal 6
Age 16 To 30 Years
Appliances Dishwasher, Dryer, Stove, Washer, Refrigerator
BasementFeatures Apartment In Basement, Separate Entrance
BasementType N/a
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick, Vinyl Siding
FireplacePresent Yes
FlooringType Hardwood, Ceramic
FoundationType Poured Concrete
HalfBathTotal 2
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2000 - 2500 Sqft
Type House
UtilityWater Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
LandAmenities Park, Public Transit, Schools
Sewer Sanitary Sewer
SizeDepth 111 Ft ,7 In
SizeFrontage 36 Ft ,9 In
SizeIrregular 36.8 X 111.6 Ft
SizeTotalText 36.8 X 111.6 Ft

Rooms

Level Type Dimensions
Second Level Primary Bedroom 3.643 m x 5.334 m
Second Level Bedroom 2 3.34 m x 4.347 m
Second Level Bedroom 3 3.578 m x 5.607 m
Second Level Bedroom 4 3.271 m x 3.632 m
Basement Bedroom 2 3.53 m x 2.915 m
Basement Bedroom 3.53 m x 2.878 m
Main Level Living Room 3.308 m x 4.579 m
Main Level Family Room 3.308 m x 6.378 m
Main Level Kitchen 4.232 m x 3.29 m
Main Level Eating Area 3.206 m x 3.29 m
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