Attention Investors! Fantastic investment opportunity just a short walk from Fanshawe College, generating $48,720 in annual rental income! This bright, spacious, and updated home offers 5 bedrooms plus a den, complete with a separate entrance to the lower level featuring a second kitchen, full bathroom, 2 bedrooms, den, and recreation room, already set up for a potential granny suite or in-law accommodation. The main level offers a functional and inviting layout with a spacious family room, electric fireplace, and sliding patio doors leading to a private, fully fenced backyard complete with a deck. Numerous updates throughout include new flooring on both levels (2021), updated electrical, furnace (2016), newer windows and eavestroughs, and an owned water heater. Conveniently located within walking distance to Fanshawe College and close to shopping, public transit, restaurants, and all major amenities. Whether you're looking to expand your investment portfolio, generate rental income, or accommodate extended family, this versatile property offers incredible potential. Don't miss this opportunity!