232 Bernard Avenue London East (East B), ON

$889,000
|
6 Beds
|
  3 Full
|

PROPERTY INFO

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 inclusive/month each, generating a strong monthly rental income of $5,550, with leases in place through May 2026, and it holds a rental license through the City of London - 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:4555)

PROPERTY SPECS

Listing ID X12121279
Address 232 BERNARD AVENUE
City London East (East B), ON
Price $889,000
Bed / Bath 6 / 3 Full
Construction Brick, Vinyl siding
Land Size 40 x 125 FT
Type House
Status For sale

EXTENDED FEATURES

Appliances Dishwasher, Freezer, Stove, Two Refrigerators, Water HeaterBasement PartialBasement Development UnfinishedParking 4Amenities Nearby Place of Worship, Public Transit, SchoolsCommunity Features Community Centre, School BusEquipment Water HeaterOwnership FreeholdRental Equipment Water HeaterStructure Deck, PorchCooling Window air conditionerFoundation BlockHeating Forced airHeating Fuel Natural gasUtility Water Municipal water Date Listed 2025-05-03 00:00:36Days on Market 9Parking 4

REQUEST MORE INFORMATION

LISTING OFFICE:
Blue Forest Realty Inc., Kaela Carter

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