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$849,000
232 BERNARD AVENUE
London East, Ontario, Ontario, N6A2M8
MLS® Number: X12146125
Property description
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 5 bedroom plus den, 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.
Building information
Type
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Appliances
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Basement Development
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Basement Type
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Construction Style Attachment
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Cooling Type
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Exterior Finish
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Foundation Type
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Heating Fuel
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Heating Type
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Size Interior
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Stories Total
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Utility Water
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Land information
Amenities
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Fence Type
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Sewer
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Size Depth
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Size Frontage
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Size Irregular
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Size Total
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Rooms
Main level
Dining room
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Den
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Kitchen
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Living room
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Second level
Bedroom
*****
Bedroom
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Bedroom
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Bedroom
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Bedroom
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Main level
Dining room
*****
Den
*****
Kitchen
*****
Living room
*****
Second level
Bedroom
*****
Bedroom
*****
Bedroom
*****
Bedroom
*****
Bedroom
*****
Main level
Dining room
*****
Den
*****
Kitchen
*****
Living room
*****
Second level
Bedroom
*****
Bedroom
*****
Bedroom
*****
Bedroom
*****
Bedroom
*****
Main level
Dining room
*****
Den
*****
Kitchen
*****
Living room
*****
Second level
Bedroom
*****
Bedroom
*****
Bedroom
*****
Bedroom
*****
Bedroom
*****
Main level
Dining room
*****
Den
*****
Kitchen
*****
Living room
*****
Second level
Bedroom
*****
Bedroom
*****
Bedroom
*****
Bedroom
*****
Bedroom
*****
Main level
Dining room
*****
Den
*****
Kitchen
*****
Living room
*****
Second level
Bedroom
*****
Courtesy of BLUE FOREST REALTY INC.
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