
London North, ON N6G 1L2
This well-maintained 4-level back split, built in 1974, presents an exceptional investment opportunity just minutes from Western University. Residential Rental Unit Licence in place until June 2026 and constructed of solid brick and featuring an attached garage, this property has been carefully cared for by its current owners and offers both durability and long-term value.With 6 legal bedrooms, the home is ideally suited for student rental or multi-tenant living, generating an impressive potential income of up to $38,750 per year. Its functional layout provides ample living space with, including 2 kitchen areas, making it attractive to tenants seeking comfort and convenience near campus.Income properties at this price point are becoming increasingly scarce. Whether you're expanding your portfolio or entering the market, this is a fantastic opportunity you won't want to miss.
TRREB MLS® Attribution
MLS® X13019190
Listed by THRIVE REALTY GROUP INC.
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
$3,174
/month · $519,920 mortgage
Amortization
Total Interest
$432,144
Total Cost
$952,064
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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THRIVE REALTY GROUP INC.