ON > London East > East B
London East, ON N6A 2M8,232 Bernard AVE
London East, ON N6A 2M8,232 Bernard AVE
London East, ON N6A 2M8,232 Bernard AVE
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$849,000
Est. payment /mo
6 Beds
3 Baths
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision East B

MLS Listing ID X12146125

Style 2-Storey

Bedrooms 6

Annual Tax Amount $5,490

Tax Year 2024

Property Sub-Type Detached

Lot Depth 125.0

Lot Front 40.0

Appx SqFt 2000-2500

Property Description

Excellent Turn-Key Investment Opportunity Walking Distance to Western University! Welcome to this solid, income-generating brick home located on a quiet, tree-lined street just minutes from the University of Western Ontario. This spacious 5 bedroom plus den, 3 bathroom property is fully leased to 6 students at $925 inclusive/month each, generating a strong monthly rental income of $5,550, with leases in place through May 2026, and it holds a rental license through the City of London - perfect for investors seeking long-term, stable cash flow. Inside, you'll find a well-maintained home with numerous updates, including new windows (2019), updated electrical, new roof, and new laminate flooring in the kitchen. The main and upper levels feature classic hardwood flooring throughout, offering both character and durability. The oversized eat-in kitchen is well-equipped with two fridges and a freezer to accommodate shared student living. The detached garage offers additional storage options. This is a fantastic opportunity to secure a low-maintenance, fully rented investment property in one of Londons most desirable student rental locations. Whether you're a seasoned investor or just getting started, this property offers strong financials, great location, and peace of mind with solid leases in place.

Location

Province ON

County Middlesex

Community East B

Area Middlesex

Zoning R1-5

Rooms

Family Room Yes

Basement Partial Basement, Unfinished

Kitchen 1

Interior

Interior Features Water Heater

Cooling Window Unit(s)

Inclusions 2 Fridges, Freezer, Dishwasher, Stove

Exterior

Exterior Feature Porch, Deck

Parking Features Private

Pool None

Roof Type Shingles

Lot Frontage 40.0

Lot Depth 125.0

Total Parking Spaces 4

Building

Foundation Block

Others

Senior Community Yes

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Listed by BLUE FOREST REALTY INC.

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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