Property Information:

Incredible investment or development opportunity at a major London intersection (Highbury Ave & Fanshawe Park Rd)! Welcome to 1421 Fanshawe Park Road East, a rare high-yield property and strategic land bank opportunity in London's rapidly intensifying transit corridor. Situated on a massive 0.75-acre corner site at the major intersection of Highbury Ave N & Fanshawe Park Rd E, this property aligns perfectly with the City's aggressive growth and density objectives. With surrounding lands recently rezoned to R5/R6/R8, this site offers massive long-term redevelopment potential for stacked townhomes, mid-rise buildings, or apartment developments (subject to municipal approvals).The existing turn-key home functions as an exceptional immediate income-generator. The spacious layout features 4+2 bedrooms, 2 full kitchens, and a fully finished basement with a separate entrance-perfect for a high-density student rental or multi-generational living. Additional features include a double-car garage, ample multi-car parking, and a peaceful backyard backing onto a scenic pond. Boasting a transit stop directly at the doorstep and minutes to Fanshawe College, shopping, and major amenities, this is an unbeatable addition to any portfolio. Roofing was done in 2023. Unbeatable convenience with a bus stop at your doorstep and minutes to Fanshawe College, shopping, and amenities! (id:27)

Building Features:

Style: Detached
Building Type: House
Architectural Style: Bungalow
Basement Development: Finished
Basement Type: N/A, N/A
Construction Style - Attachment: Detached
Exterior Finish: Brick
Fireplace: Yes
Floor Space: 1100 - 1500 sqft
Foundation Type: Poured Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning, Air exchanger
Appliances: Water softener, Water purifier, Dishwasher, Dryer, Gas stove(s), Washer, Refrigerator

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 4+2
Bathrooms: 2
Floor Space (approx): 1100 - 1500 Square Feet
Irregular: Yes
Lot Depth: 320 Feet
Lot Frontage: 100 Feet
Lot Size: 100 x 320 FT
Sewer: Septic System
Parking Type: Attached garage, Garage
No. of Parking Spaces: 4

Rooms:

Kitchen Basement Level 6.09 m x 3.23 m
Recreation Room Basement Level 5.70 m x 3.23 m
Bedroom Basement Level 4.14 m x 3.35 m
Bedroom Basement Level 5.18 m x 3.44 m
Dining Main Level 6.96 m x 2.97 m
Kitchen Main Level 6.96 m x 2.97 m
Family Main Level 6.05 m x 3.56 m
Primary Bedroom Main Level 4.52 m x 3.56 m
2nd Bedroom Main Level 3.05 m x 3.15 m
3rd Bedroom Main Level 3.35 m x 3.15 m
4th Bedroom Main Level 3.35 m x 3.40 m

Convert Measurement to:

Courtesy of: Initia Real Estate

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Demographic Information of 1421 FANSHAWE PARK ROAD E, London North, Ontario, N5X 3Z9

Life Stage

Young Families

Employment Type

Mixed

Average Household Income

$127,282.15

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.93 %

High school certificate or equivalent

27.54 %

Apprenticeship trade certificate/diploma

5.03 %

College/non-university certificate

22.11 %

University certificate (below bachelor)

4.16 %

University Degree

26.23 %

Commuter

Travel To Work

By Car

97.79 %

By Public Transit

0.87 %

By Walking

0.95 %

By Bicycle

0.03 %

By Other Methods

0.36 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

1.05 %

Houses

98.95 %

1421 FANSHAWE PARK ROAD E, London North, Ontario, N5X 3Z9