$585,000
$589,900
0.8%For more information regarding the value of a property, please contact us for a free consultation.
75 Cleveland PL Middlesex, ON N5Z 4T5
6 Beds
2 Baths
Key Details
Sold Price $585,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
MLS Listing ID X10415327
Sold Date 01/08/25
Style Bungalow
Bedrooms 6
Annual Tax Amount $3,759
Tax Year 2024
Property Description
Welcome to 75 Cleveland Pl, a beautifully updated and excellent investment property with a high CAP RATE! Nestled in the heart of the desirable Glen Cairn neighbourhood. This fully renovated (2021) bungalow features a spacious 3+3 bedroom, 1+1 bathroom layout, situated on a 37x111 ft lot. The property is currently tenanted and generating $4,305/month inclusive, this property is an incredible investment opportunity. Both sets of tenants are excellent and on a month-to-month basis as of November 2024, allowing for continuity. The main level offers a bright, open-concept living and dining area perfect for family gatherings, along with three well-sized bedrooms. The lower level presents a fully modernized in-law suite with a separate entrance, featuring three additional bedrooms, a full bath, and a cozy living space-an ideal setup for extended family, guests, or rental income. Located in Glen Cairn, one of London's most charming and convenient communities, this property benefits from a peaceful, tree-lined street while being just minutes away from major amenities. With proximity to Victoria Hospital, top-rated schools, shopping centers, restaurants, and quick access to the 401 & 402 highways, Glen Cairn combines suburban tranquility with urban convenience. Whether you're seeking a multi-generational living solution, a mortgage helper, or a pure investment, 75 Cleveland Pl offers endless possibilities in a fantastic neighbourhood. Don't miss out on this rare opportunity!
Location
State ON
County Middlesex
Community East J
Area Middlesex
Zoning R1-4
Region East J
City Region East J
Rooms
Family Room Yes
Basement Finished, Separate Entrance
Kitchen 2
Separate Den/Office 3
Interior
Interior Features Carpet Free, In-Law Suite, In-Law Capability, Primary Bedroom - Main Floor, Storage
Cooling Central Air
Exterior
Parking Features Private
Garage Spaces 5.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 39.47
Lot Depth 110.92
Total Parking Spaces 5
Building
Foundation Concrete
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