232 Bernard Avenue London East, Ontario N6A 2M8
$889,000
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 6 bedroom, 3 bathroom property is fully leased to 6 students at $925/month each, generating a strong monthly rental income of $5,550, with leases in place through May 2026 - 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. (id:53488)
Property Details
| MLS® Number | X12121279 |
| Property Type | Single Family |
| Community Name | East B |
| Amenities Near By | Public Transit, Schools, Place Of Worship |
| Community Features | School Bus, Community Centre |
| Equipment Type | Water Heater |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
| Structure | Porch, Deck |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Appliances | Water Heater, Dishwasher, Freezer, Stove, Two Refrigerators |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Construction Style Attachment | Detached |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Fence Type | Fully Fenced, Fenced Yard |
| Land Amenities | Public Transit, Schools, Place Of Worship |
| 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 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 4.36 m | 3.65 m | 4.36 m x 3.65 m |
| Second Level | Bedroom | 3.81 m | 3.04 m | 3.81 m x 3.04 m |
| Second Level | Bedroom | 3.35 m | 3.04 m | 3.35 m x 3.04 m |
| Second Level | Bedroom | 3.22 m | 3.04 m | 3.22 m x 3.04 m |
| Second Level | Bedroom | 2.87 m | 2.81 m | 2.87 m x 2.81 m |
| Main Level | Living Room | 4.52 m | 3.35 m | 4.52 m x 3.35 m |
| Main Level | Kitchen | 6.04 m | 5.61 m | 6.04 m x 5.61 m |
| Main Level | Bedroom | 3.04 m | 2.74 m | 3.04 m x 2.74 m |
| Main Level | Dining Room | 4.52 m | 3.35 m | 4.52 m x 3.35 m |
https://www.realtor.ca/real-estate/28253371/232-bernard-avenue-london-east-east-b-east-b
Contact Us
Contact us for more information
Kaela Carter
Salesperson
(519) 282-3494
931 Oxford Street East
London, Ontario N5Y 3K1
(519) 649-1888
(519) 649-1888
www.soldbyblue.ca/
Michelle O'brien
Broker
(519) 615-1178
michelleobrien.ca/
www.facebook.com/michelleobrienbroker/
www.linkedin.com/in/michelle-o-brien-769b55286/
931 Oxford Street East
London, Ontario N5Y 3K1
(519) 649-1888
(519) 649-1888
www.soldbyblue.ca/
Mike Murray
Salesperson
931 Oxford Street East
London, Ontario N5Y 3K1
(519) 649-1888
(519) 649-1888
www.soldbyblue.ca/
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May 02 2025 09:54:23
London and St. Thomas Association of REALTORS®
Blue Forest Realty Inc.
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