244 EDINBURGH STREET, London, Ontario N6H 1M3

244 EDINBURGH STREET, London, Ontario N6H 1M3
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Get more details

$459,999.00

  • 5 bedrooms
  • 2 bathrooms

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 ... read more

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. (id:25417)

  • Listing ID: X13723076
  • Property Type: Single Family
Property
Style: Bungalow
Ownership: Freehold
Lot Size: 33 by 127 FT|under 1/2 Acre
Parking: No Garage
4 Spaces
Building
Type: Single Family House
Appliances: Dryer, Refrigerator, Stove, Washer, Water Meter and Water Heater
HVAC: Central Air Conditioning, Fireplace, Forced Air and Ventilation System
Natural Gas
Exterior: Vinyl Siding
Basement: Full (Finished)
Utilities: Sanitary Sewer
Location
City: London
Province: Ontario
Rooms Level Dimensions
Bedroom 2 Lower level 2.39 m x 4.09 m
Bedroom 3 Lower level 2.54 m x 2.95 m
Bedroom 4 Lower level 2.49 m x 3.45 m
Utility room Lower level 3.81 m x 3.25 m
Living room Main level 3.3 m x 5.97 m
Kitchen Main level 2.97 m x 2.36 m
Primary Bedroom Main level 3.3 m x 3.94 m
Bedroom Main level 2.77 m x 2.9 m

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244 EDINBURGH STREET, London, Ontario N6H 1M3
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This property, located on Edinburgh Street in London Ontario, was published on August 28th, 2026. See if this home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in London convenient.

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