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988 Prosperity Court
London
N5V 5C7
$559,000
Residential
beds: 5
baths: 3.0
1,950 sq. ft.
built: 1998
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 40814471
- Bedrooms:
- 5
- Bathrooms:
- 3
- Year Built:
- 1998
- Photos (16)
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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 with in-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!
- Property Type:
- Residential
- Property SubType:
- Single Family Residence
- Year built:
- 1998 (Age: 28)
- Listing General Location:
- East D, East
- Bedrooms:
- 5
- Bathrooms:
- 3.0 (Full:2/Half:1)
- Lot Details:
- 36.72 x 153.87
- Lot Depth:
- 153'10½"
- Lot Frontage:
- 36'9"
- Frontage Type:
- North
- Kitchens:
- 2
- County Or Parish:
- Middlesex
- Property Attached:
- Detached
- Features:
- Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
- Construction:
- Brick, Vinyl Siding
- Basement:
- Separate Entrance, Walk-Up Access, Full, Finished, Sump Pump
- Linked Foundation:
- No
- Foundation:
- Concrete Perimeter
- Roof:
- Shingle
- Year Roof Replaced:
- 2017
- Number of Buildings:
- 0
- Total Floor Area:
- 1,950 sq. ft.
- # Main Level Bathrooms:
- 1
- Finished Area Above Grade:
- 1,500 sq. ft.
- Finished Area Below Grade:
- 450 sq. ft.
- Fireplace:
- false
- Laundry Features:
- In Basement, Inside, Main Level
- Water Supply:
- Municipal-Metered
- Water Meter:
- Yes
- Sewer:
- Sewer (Municipal)
- Cooling:
- Central Air
- Heating:
- Forced Air, Natural Gas
- Dishwasher,Dryer,Range Hood,Refrigerator,Stove,Washer
- Dishwasher, Dryer, Range Hood, Refrigerator, Stove, Washer
- High Speed Internet, In-law Capability
- Porch
- false
- No
- When heading North on Fanshawe College Blvd turn right onto Fleming Drive, followed by right onto Prosperity Court
- No
- HST Applicable To Sale Price:
- Included
- Features:
- Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
- Condo Corporation:
- No
- Zoning:
- R1-3
- Fencing:
- Full
- Topography:
- Flat
- Utilities:
- Cable Connected, Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Phone Connected
- Exposure / Faces:
- South
- Lot Site Features:
- Urban, Airport, Major Highway, Public Transit, Schools
- Features:
- Crops Included: No, Garage: No, Common Elements Fee: No, New Construction: No
- # Of Total Parking Spaces:
- 4.0
- # Of Open Parking Spaces:
- 4.0
- Driveway Parking:
- Front Yard Parking
- Road Frontage Type:
- Municipal Road, Public Road
- Listed Date:
- Mar 24, 2026
-
Traditional-style home with brick siding -
Living room featuring wood finished floors, hanging lights, and a textured ceiling
-
Kitchen with healthy amount of natural light, a kitchen bar, white appliances, and a peninsula
-
Half bathroom with vanity and light wood-style flooring
-
Bedroom featuring wood finished floors, ceiling fan, and a textured ceiling
-
Bedroom featuring dark wood-type flooring and baseboards
-
Empty room featuring light wood-style flooring and baseboards
-
Full bathroom with vanity, light wood-style flooring, and shower / tub combo
-
Corridor featuring an upstairs landing, wood finished floors, and a textured ceiling
-
Stairway with tile patterned floors and baseboards
-
Bedroom with a drop ceiling and light wood finished floors
-
Kitchen with white cabinetry, ventilation hood, black electric cooktop, dark countertops, and light tile patterned floors
-
Bathroom featuring vanity, a shower stall, tile walls, and dark tile patterned floors
-
Bedroom featuring a drop ceiling and light wood-style floors
-
Rear view of house featuring a fenced backyard
-
Fenced backyard with view of wooded area
Listed by SMART FROM HOME REALTY LIMITED
Data was last updated August 26, 2026 at 11:50 PM (UTC)
Area Statistics
- Listings on market:
- 19
- Avg list price:
- $535,999
- Min list price:
- $234,900
- Max list price:
- $839,900
- Avg days on market:
- 71
- Min days on market:
- 2
- Max days on market:
- 155
- Avg price per sq.ft.:
- $286.67
These statistics are generated based on the current listing's property type
and located in
East. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- SURESH KUMAR
- RE/MAX TWIN CITY REALTY INC.
- 1 (647) 9017116
- Contact by Email
Your Trusted Partner in Real Estate. Contact me at 647-901-7116 for all your property needs.
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Direct: 647-901-7116
info@sureshkangayam.com
Head Office
901 Victoria Street, North
Kitchener, ON, N2B 3C3
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.