For sale 50$449,900
3+2 bed2 bath700–1,100 sq ft
71 Cavendish Crescent
North N, London North
14 days agoMLS® X13837820
RE/MAX CENTRE CITY REALTY INC.
$459,999
244 Edinburgh Street
North N, London North, Ontario N6H1M3
For sale· Added
2+3 bed2 bath700–1,100 sqft
About this home
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
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Property details
Listing
- MLS® number
- X13723076
- Added
- Aug 28, 2026 ()
- Updated
- Aug 28, 2026 ()
- Info refreshed
Overview
- Property type
- Single Family
- Building type
- Detached
- Style
- Bungalow
- Storeys
- 1
- Ownership
- Freehold
Inside
- Bedrooms
- 2+3
- Bathrooms
- 2
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning, Ventilation system
- Fireplace
- No
- Appliances
- Washer, Refrigerator, Water meter, Stove, Dryer, Water Heater
- Features
- Carpet Free
Building
- Basement
- Finished, Full
- Exterior
- Vinyl siding
- Foundation
- Concrete
- Parking
- No Garage · 4 spaces
Land
- Lot size
- 33 x 127 ft
- Zoning
- R1-7
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- Riverside Dr
- Directions
- Take Riverside Dr, turn right onto Woodward Ave, turn left onto Edinburgh St, property will be on the left.
Running costs
- Annual property tax (2025)
- $3,229
Rooms
| Living room | Main level | 3.3 x 5.97 m |
| Kitchen | Main level | 2.97 x 2.36 m |
| Primary Bedroom | Main level | 3.3 x 3.94 m |
| Bedroom | Main level | 2.77 x 2.9 m |
| Bedroom 2 | Lower level | 2.39 x 4.09 m |
| Bedroom 3 | Lower level | 2.54 x 2.95 m |
| Bedroom 4 | Lower level | 2.49 x 3.45 m |
| Utility room | Lower level | 3.81 x 3.25 m |
$459,999
244 Edinburgh Street
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