Description

 Price: $ 599,900.00 MLS^®: X13132208         Location : 233 BERNARD Avenue, London East, ON N6A 2M9

Great investment opportunity. Walk distance the Western University and King's University ! Excellent rental layout. Leased to 4 student tenants (A+ Western University female students) until April 30, 2027, Gross Income $40800/year ($3400/month, including maximum $300 utility/month). 5 bedrooms and 2.5 bathrooms. Main level has updated kitchen, living room, dining room, 2 bedrooms (one bedroom currently used as Rec room) and a 3 piece bathroom. The upper level has 2 bedrooms, one office and a 2 piece bathroom. Lower level has one bedroom, a 3-piece bath, a family room, Rec Room and laundry. Newer kitchen, fridge, central air with newer high efficiency furnace; most windows upgraded, electrical panel upgraded to breakers; Many recent upgrades: floor (2017), Main level bathroom (2017), 30 years long-life roof shingles (2020), lights (2022), washer and dryer (2024), disher (2025), basement bathroom (2025). Turn key investment property in university neighborhood!

Location Description

Richmond/University Dr

Property Details

• Community: East B
• Property Type: Tenant/Residential Freehold
• Bedrooms: 5
• Bath: 3
• Garages: None

Building Features

• Foundation Type: Poured Concrete
• Construction Material: Vinyl Siding-Brick
• Total Parking Space: 2

Features

• Heating: Forced Air Gas
• Sewer: Sewer ,