For Sale - 1519 Howland Avenue, London East, Ontario

Est payment $2,521/mo
Views   2
Time on Jump  108 day
  • Well-suited for investors with two leased three-bedroom units for steady income.
  • Located minutes from Fanshawe College, ideal for student or multi-generational living.
  • Offers over $3800 monthly rental income with solid cash flow potential.
  • Spacious lot with a large yard, old growth trees, and a covered patio.
  • Long double-wide driveway accommodating up to ten vehicles, plus easy transit access.



Welcome to 1519 howland ave, a prime opportunity for invesmtent with the upper three bedroom level newly leased with additonal steady income of the seperately leased three bedroom lower level! This property is only a couple minutes walk to fanshawe college. A well suited opportunity for investors and a great option for multi-generational families! With both units rented this property is garnering over $3800 a month in rental income; with soild cash flow potential averaging over $3000 a month after expenses. The upper unitthe prime set up of this property features two seperate living spaces: totalling six bedrooms; including a main level space and lower level with seperate walkout entrance; each floor featuring three spacious bedrooms, a functional washroom (a four piece washroom upstairs and three piece full bath on the lower level), a kitchen on each level and a shared open living room. The seperate living areas could also be ideal for a multi-generational family looking to have the set up of two seperate living areas. Not to be outdone; the location also features a large functional yard with old growth trees and a covered patio. The neighbourhood offers a balance of families and students. This location also offers an impressive long double wide driveway that could accomodate for up to ten vehicles. This property also offers very close access to major public transit routes (with the future oxford st ltr only minutes away) and is situated in close walking/driving/transit distance to major shopping centers including the oxbury plaza and argyle mall; and has many sports and recreation centers in the direct and surrounding areas. Although it sits in close proximity to major transportation routes, the house is sheltered from high activity and offers a quaint environment on a dead end road. This could be a prime candidate for an additonal garden suite unit with a large open backyard and plenty of existing parking in place to accomodate for an additional unit/units.
Listing IDX13454130
Address1519 Howland Avenue
CityLondon East, Ontario
Price$524,999
Bed / Bath6 / 2 Full
StyleBungalow, Detached
ConstructionAluminum Siding, Brick
Land Size0.176
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, Floor Drain, Carpet Free, Water Heater OwnedOutdoor Features Canopy, Patio, Year Round Living, PorchAmenities Public Transit, School Bus Route, School, Park, Fenced Yard, LevelOwnership FreeholdViews CityBasement Apartment, Finished, Full, Walk-Out, Finished with Walk-OutFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 10.00
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1519 Howland Avenue
London East , Ontario
6 2 $524,999
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