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Allan Abrigo

hello@allanabrigo.com +1(289) 806-2134

$ 459,999

Est. payment | -/mo

2 Beds

2 Baths

Save

$ 459,999

Est. payment | -/mo

Save

2 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision North N

MLS Listing ID X13723076

Style Bungalow

Bedrooms 2

Annual Tax Amount $3,229

Tax Year 2026

Property Sub-Type Detached

Property Description

INVESTORS, RUN THE NUMBERS ON THIS ONE. Offered at $459,999, 244 Edinburgh has 5 bedrooms with potential rents of approximately $750 per room, putting potential gross rental income at $3,750 per month or $45,000 per year.For an investor looking for a student rental, the combination of price, bedroom count and location makes this one worth a serious look. With Western students as a natural tenant pool and convenient access to transit and everyday amenities, the property is well positioned for the student rental market.It's also an interesting option for parents with a child attending Western. Instead of paying rent for the next several years, consider owning the property, giving your student a place to live and renting the remaining bedrooms to help offset the carrying costs.At the asking price, the projected $45,000 in annual gross rent represents approximately a 9.8% gross yield before expenses.Five bedrooms. $3,750 in potential monthly rent. $459,999 asking price.If you've been looking for a London investment property where the numbers actually give you something to work with, 244 Edinburgh is it.

Location

Province ON

County Middlesex

Area Middlesex

Rooms

Family Room No

Basement Full, Finished

Kitchen 1

Separate Den/Office 3

Interior

Interior Features Carpet Free, In-Law Capability, Primary Bedroom - Main Floor, Ventilation System, Water Heater, Water Heater Owned, Water Meter

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Patio

Parking Features Private Double

Pool None

Roof Type Metal

Lot Frontage 33.0

Lot Depth 127.02

Total Parking Spaces 4

Building

Building Age 51-99

Foundation Concrete

Others

ParcelsYN No

Listed by CENTURY 21 FIRST CANADIAN CORP

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(289) 806-2134

hello@allanabrigo.com

244 Edinburgh ST London North, ON N6H 1M3

Allan Abrigo

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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244 Edinburgh ST