3264 MEADOWGATE BOULEVARD, London South, Ontario
$849,990
- 6 Beds
- 5 Baths
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:56241)
- Listing ID: X12265840
- Property Type: Single Family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 3264 MEADOWGATE BOULEVARD in London Ontario. It was last modified on July 6th, 2025. Contact us to schedule a viewing or to discover other London homes for sale.