
London East, ON N6A 2M9
Great investment opportunity. Walk distance the Western University and King's University ! Excellent rental layout with City rental permit. 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 4 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), dishwasher (2025), basement bathroom (2025). Turn key investment property in university neighborhood!
TRREB MLS® Attribution
MLS® X13132208
Listed by CENTURY 21 FIRST CANADIAN CORP
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$2,929
/month · $479,920 mortgage
Amortization
Total Interest
$398,897
Total Cost
$878,817
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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CENTURY 21 FIRST CANADIAN CORP