Currently rented for $4,250/month through April 30, 2027! This well-located student rental at 220 Bernard Ave offers investors an opportunity to purchase an income-producing property near Western University with a tenant already in place.This solid brick 1.5-storey home features 5 bedrooms plus a den, 3 bathrooms and a single-car garage, providing plenty of space for a student household. The property is conveniently located close to Western University, with easy access to transit, shopping, restaurants and other amenities.The functional layout offers multiple living spaces and bedrooms, while the 1.5-storey design adds character and flexibility. The single-car garage provides valuable parking and storage.With current rental income of $4,250/month and the existing lease secured until April 30, 2027, this is an opportunity to add a turnkey student rental to your portfolio with income already in place. A great location, established rental history and strong proximity to Western make 220 Bernard Ave worth a look. (id:53488)
| MLS® Number | X14087654 |
| Property Type | Single Family |
| Community Name | East B |
| Equipment Type | Water Heater |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
| Structure | Porch |
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Concrete |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Sqft |
| Type | House |
| Utility Water | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 125 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 40 X 125 Ft |
| Size Total Text | 40 X 125 Ft |
| Zoning Description | R1-5 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom 2 | 3.53 m | 3.09 m | 3.53 m x 3.09 m |
| Second Level | Bedroom 3 | 3.53 m | 3.09 m | 3.53 m x 3.09 m |
| Basement | Bedroom 4 | 3.25 m | 3.12 m | 3.25 m x 3.12 m |
| Basement | Bedroom 5 | 3.25 m | 3.12 m | 3.25 m x 3.12 m |
| Main Level | Kitchen | 3.42 m | 3.42 m | 3.42 m x 3.42 m |
| Main Level | Living Room | 5.35 m | 3.42 m | 5.35 m x 3.42 m |
| Main Level | Bedroom | 3.2 m | 3.42 m | 3.2 m x 3.42 m |
https://www.realtor.ca/real-estate/30411806/220-bernard-avenue-london-east-east-b-east-b
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Brian Maceachern
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(519) 438-2222
Anthony Gallo
Salesperson
(888) 524-7297
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