09/25/2026
INVESTOR ALERT! π‘ FOR SALE | 1985 LESPERANCE RD, TECUMSEH
Looking for a renovated home with existing income and future potential?
1985 Lesperance Rd, Tecumseh | $540,000
π‘ 4 Bedrooms
π 2 Full Bathrooms
π Desirable Corner Lot
π Large Double Garage
π° Garage Currently Generating $1,000/Month
π Potential ADU Conversion
ποΈ Potential Severance Under New Zoning
π Close to Schools, Amenities & Major Routes
The home is beautifully renovated and well-maintained, while the large double garage currently provides $1,000/month in rental income β helping offset ownership costs.
For investors, the provided cash flow analysis shows:
π΅ Annual Net Cash Flow Before Taxes: $7,486
π Cash-on-Cash Return: 6.8%
π Capitalization Rate: 5.89%
β
Coverage Ratio: 1.31
With existing garage income plus potential for an ADU conversion and future severance, this property offers flexibility for both homeowners and investors.
Buyer to complete their own due diligence regarding zoning, permitted uses, severance and development potential.
Interested in learning more?
π© Contact Dustin Timothy for more information or to schedule a private showing.
π 519.990.2286
π§ [email protected]
The Vanguard Team | Royal LePage Binder Real Estate