Home with vinyl exterior material, street for 1840 Culver Dr, London East Ontario N5V 3K6
Re-listed 64 days ago

1840 Culver Dr, London East, Ontario N5V 3K6

In the same building:
-
Condo
3 + 3
2
~700-799 sqft
$•••,•••
$339,000
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Condo
3 + 3
2
~700-799 sqft

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Highlights

Property Estimate

Days on market64 days

Total days on market
80 days

Estimated valueNot available

Price/Sqft$454/sqft

Monthly cost

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Description

Investment Opportunity Near Fanshawe College! Welcome to 1840 Culver Drive, a prime rental property offering strong income and future growth potential. Currently rented by the room, this spacious home features six bedrooms, each generating $550+ per month, providing reliable cash flow with room to increase rents through future upgrades. The location is crucial just a 30-second walk to public transit and only a five-minute bus ride or short walk to Fanshawe College, with shopping center's, parks, places of worship, and Highway 401 all nearby. The property also includes three dedicated parking spaces plus visitor parking within the complex, and is apart of the municipal garbage route, making it the ideal mix of immediate income and long-term equity growth.


Property Details

StyleBungalow
View-
Age of property31-50
SqFt~700-799 SqFt
Lot Size-
Parking Spaces3
MLS ®NumberX12454856
Community NameArgyle
Data SourceTRREB
Listing byKELLER WILLIAMS LIFESTYLES

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

Main Floor

Foyer

3.51 x 1.22

Tile Floor

Foyer

3.66 x 0.91

2nd Br

4.65 x 2.62

Closet

Primary

4.39 x 3.35

Closet


Parking

Garage spaces -

Garage type -

Total parking spaces 3


1Story
Amenities

Bbqs Allowed, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
64 days on market
history photo preview12
Listing by trreb®
Property listed by KELLER WILLIAMS LIFESTYLES, Brokerage
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Market Data - Argyle

Geo Zone Map ThumbnailArgyle

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

47 days

Compared to

2024

51 days

2023

31 days

2022

18 days

New Listings

Past 30 days

12 listings

Compared to

2024

9 listings

2023

10 listings

2022

12 listings

Units sold

Past 30 days

3 units

Compared to

2024

5 units

2023

6 units

2022

1 unit

Median Sold Price

Past 30 days

$365,000

Compared to

2024

$360,000

2023

$387,500

2022

$395,000


Population and Demographics

Overview

Total population 24680
Average household income $92,644

Age (%)

0 to 19
22%
20 to 34
24%
35 to 49
18%
50 to 64
21%
65 and plus
15%

Household composition (%)

Single family
62%
Single person
29%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
87%
Others
6%
Portuguese
2%
Spanish
2%
French
1%

House tenancy (%)

Owners
64%
Renters
36%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget