Currently rented for $4,250/month through April 30, 2027! This well-located student rental at 220 Bernard Ave offers investors an opportunity to purchase an income-producing property near Western University with a tenant already in place.This solid brick 1.5-storey home features 5 bedrooms plus a den, 3 bathrooms and a single-car garage, providing plenty of space for a student household. The property is conveniently located close to Western University, with easy access to transit, shopping, restaurants and other amenities.The functional layout offers multiple living spaces and bedrooms, while the 1.5-storey design adds character and flexibility. The single-car garage provides valuable parking and storage.With current rental income of $4,250/month and the existing lease secured until April 30, 2027, this is an opportunity to add a turnkey student rental to your portfolio with income already in place. A great location, established rental history and strong proximity to Western make 220 Bernard Ave worth a look. (id:13843)
| MLS # | X14087654 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 15 |
| Listing Provided By | SUTTON GROUP PREFERRED REALTY INC. | BRIAN MACEACHERN |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,100 |
| Garage | 4 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R1-5 |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Washer, Refrigerator, Stove, Dryer |
| Fireplace Yes / No | No |
| Foundation Details | Concrete |
|---|
| Parking Features | Detached Garage, Garage |
|---|---|
| Parking Total | 4 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 5398 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | London East (East B) |
| Postal Code | N6A2M8 |
| Listing VS Median (in N6A2M8) | |
Price: $599,900 low | high Med: $599,900 sqft: 1,100 low | high Med: 1,100 $ / sqft: $545 low | high Med: $545 On site: 15 low | high Med: 15 | |
| Province | ON |
|---|---|
| City | London East (East B) |
| Postal Code | N6A2M8 |
| Listing VS Median (in N6A2M8) | |
Price: $599,900 low | high Med: $599,900 sqft: 1,100 low | high Med: 1,100 $ / sqft: $545 low | high Med: $545 On site: 15 low | high Med: 15 | |