312 Fairview Avenue London South, Ontario N6C 4T8

$519,000

This property is ready for making dreams. This property's number one asset is its incredible proximity to Victoria Hospital, literally just a 5-minute walk away. Imagine, no more commuting, no more parking fees and no more London construction jams on the way to work! But, the true value is the land. This bungalow sits on the largest lot on the entire street, offering a massive, private backyard. This home is being sold for nearly the price of the land, so it's almost like getting the house for free. The potential here is enormous. Because of the home's position on the lot, the backyard is a blank canvas well suited for a possible addition. This property is practically designed for a "house hack" arrangement, an in-law suite, or a space for your stay at home twenty something "child", where you can both enjoy some private space. And, the fantastic location benefits don't stop there! If you have young children in primary school, you will be pleasantly surprised to discover that Princess Elizabeth Public School, known for its solid Fraser institute rating, is just 800 metres away-an easy walk for the kids.The existing bungalow is a solid, older home that is ready for your updates and vision. It's the perfect foundation to renovate, add value, and build instant equity. This home comes equipped with 2 electrical panels, 2 electric meters and 2 gas meters. Don't miss this rare combination of a prime location, a massive lot, and clear development potential. (id:50976)

Property Details

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https://www.realtor.ca/real-estate/29073609/312-fairview-avenue-london-south-south-h-south-h