Address
244 Edinburgh Street, London North, ON
Price
$ 459,999
Property Attributes
- MLS#X13723076
- TypeSingle Family
- Listing Status New
- CityLondon North
- AreaNorth N
- NeighbourhoodNorth N
- Postal CodeN6H 1M3
- StyleBungalow
- Taxes$ 3229
- Price$ 459,999
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage700-1100
- Lot Size0.25 Acres
Data Source:
Toronto Real Estate Board (TRREB)
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.
| Price History | |
|---|---|
| 8/28/2026 | Listed $459,999 |
General Features
| Sewer | Sewer |
|---|---|
| Cooling | Central Air |
| Roof | Metal |
| Architectural Style | Bungalow |
| Pool Features | None |
| Construction Materials | Vinyl Siding |
| Heater Type | Forced Air |
| Parking Spaces | 4 |
| Property Subtype | Detached |
| Tax Year | 2026 |
| Lot Depth | 127.02 |
| County | Middlesex |
| New Construction | No |
| Property Type | Residential Freehold |
| Attached Garage | No |
| Facing Direction | South |
| Garage Y/N | No |
| Status | New |
| City | London North |
| Senior Community Y/N | No |
| Lot Size Units | Feet |
| Property Attached Y/N | No |
| Tax Annual Amount | 3229.0 |
| Standard Status | Active |
| Occupancy Type | Vacant |
| Tax Assessed Value | 187000 |
| Legal Description | LOT 294,PLAN 434 LONDON CITY OF LONDON |
Interior Features
| Interior Amenities | Carpet Free,In-Law Capability,Primary Bedroom - Main Floor,Ventilation System,Water Heater,Water Heater Owned,Water Meter |
|---|---|
| Basement | Full,Finished |
| Heat Source | Gas |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Total Bedrooms | 5 |
| Elevator? | No |
| Total Baths | 2 |
| Bedrooms | 2+3 |
| Living Area Range | 700-1100 |
Exterior Features
| Exterior Amenities | Patio |
|---|---|
| Parking Features | Private Double |
| Total Parking | 4.0 |
| Garage Type | None |
| Foundation Details | Concrete |
| Spa | No |
| Lot Size Source | MPAC |
| Waterfront Y/N | No |
| Covered Spaces | 0.0 |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in N6H 1M3
Price
Taxes
Visits
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