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75 Cleveland Pl
London | East J | N5Z 4T5- 3 + 3
- 2
- 0
Ask: $499,900 $589,900
-
Days on market
16
-
Status
New
Home details
- MLS #:
X10415327
- Property type:
- Detached
- Style:
- Bungalow
- Taxes:
- $3,760
- Possession:
- Flex / 60 Days
- Lot Front:
- 39.47 Feet
- Lot Depth:
- 110.92 Feet
- Basement:
- Finished | Sep Entrance
- Driveway Pkg:
- 5
- Heat:
- Gas | Forced Air
Description
75 Cleveland Pl, , London, Ontario is a Detached property in London and in the East J community in the N5Z 4T5 postal code
Welcome to 75 Cleveland Pl, a beautifully updated and excellent investment property with an 8.76% 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!.
Extras
8.76% Cap Rate, closing anytime for investment purposes..
History
Sign in for full access| List Date | End Date | List Price | End Price | Status | MLS # |
| 1988-01 | 2024-02 | $102,900 | $100,000 | Sld | X7717032 |
| 1996-02 | 2024-02 | $123,900 | $119,000 | Sld | X7688998 |
| 2021-02 | 2021-03 | $429,900 | $445,000 | Sld | X5126308 |
| 2021-12 | 2024-02 | $2,000 | $1,700 | Lsd | X7799962 |
| 2022-04 | 2024-02 | $2,000 | $1,900 | Lsd | X7803696 |
| 2023-11 | 2024-01 | $2,000 | $2,000 | Lsd | X7467936 |
| 2024-11 | 2024-11 | $499,900 | $589,900 | New | X10415327 |
Comparables
Sign in for full access| sold Date | Address | List Price | sold Price | DOM |
| 2024-10 | 1026 Crumlin Sdrd, | $774,900 | $750,000 | 30 |
| 2024-05 | 1379 Kostis Ave, | $689,000 | $625,000 | 32 |
| 2023-09 | 271 King Edward Ave, | $589,900 | $585,000 | 2 |
| 2022-03 | 1163 Crumlin Sdrd, | $1,299,000 | $1,350,000 | 35 |
| 2021-11 | 126 Travelled Rd, | $429,000 | $420,000 | 43 |
| 2021-11 | 2700 Trafalgar St, | $1,800,000 | $2,115,000 | 11 |
| 2021-08 | 1111 Crumlin Side Rd, | $549,900 | $605,000 | 2 |
| 2021-06 | 1259 Crumlin Side Rd, | $549,900 | $549,000 | 12 |
| 2021-02 | 288 Simpson Cres, | $429,900 | $520,000 | 2 |
| 2020-10 | 209 Buckingham St, | $475,000 | $540,000 | 8 |
| 2020-08 | 2160 Hamilton Rd, | $899,000 | $888,000 | 2 |
| 2020-07 | 2476 Kellerton Rd, | $400,000 | $518,000 | 3 |
| 2020-03 | 1388 Crumlin Side Rd, | $319,900 | $404,100 | 6 |
| 2019-11 | 2425 Kellerton Rd, | $389,999 | $425,000 | 4 |
| 2019-07 | 393 Chippendale Cres, | $349,900 | $337,000 | 15 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity Detached
Sale activity
London :
Municipality activity All Property Types
Sale activity
London :
Estimated running costs for 75 Cleveland Pl
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $2000 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $313 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
Payment calculator
-
Principal and Interest
2000 /mo
-
Property Taxes
$313 /mo
-
Yearly Condo Fees
$0
* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.
P2 Realty Brokerage
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