London, East C, N5Y 1M4
$499,900
Listed by Re/Max Twin City Realty Inc.
Welcome to 36 Lyman Street in the City of London! This spacious home on a deep lot is perfect for a large family with potential in-law living with a separate entrance to the 2nd kitchen, 2nd Living Room, 2nd laundry room and bathroom in the basement or live upstairs and rent out the basement and let the tenants pay your mortgage! Also great potential for the savvy investor to rent out as 2 units or rooms to Fanshawe and Western University Students with high demand; the current zoning allows for up to 4 units. This property was recently generating $5100/month creating positive cash flow. The sky is the limit with this property having great potential to be a large family home or great money maker. Enjoy the huge deck overlooking the fenced backyard; perfect for entertaining on those hot summer nights! The property also has a large driveway that can accommodate up to 6 cars. Centrally located near all amenities including walking distance to Fanshawe College, 10 mins to Western University, restaurants, grocery stores, shopping, entertainment, bus stop, parks and more! Schedule your viewing today! Property is VACANT :)
Dryer,Refrigerator,Stove,Washer
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Kitchen
Living Room
Dining Room
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Bedroom
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Kitchen
Living Room/Dining Room
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Laundry
The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.