6 GOWER STREET, London, Ontario N6H 2E6

6 GOWER STREET, London, Ontario N6H 2E6
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Get more details

$599,000.00

  • 6 bedrooms
  • 2 bathrooms

INVESTOR ALERT! INCOME-GENERATING STUDENT RENTAL WITH FUTURE DEVELOPMENT POTENTIAL!Excellent investment opportunity in London! Walking distance to university and public transit.This solid brick corner-lot bungalow offers an attractive combination of established rentalincome, a City of London rental license and potential for future income expansion.Featuring 5 bedrooms, this property is ideally suited for student accommodation. The main flooroffers a spacious eat-in kitchen, bright living room with wood-burning fireplace, 2 generouslysized bedrooms and a 3-piece bathroom. The finished lower level features a separate entrance, 3additional bedrooms, ... read more

INVESTOR ALERT! INCOME-GENERATING STUDENT RENTAL WITH FUTURE DEVELOPMENT POTENTIAL!Excellent investment opportunity in London! Walking distance to university and public transit.This solid brick corner-lot bungalow offers an attractive combination of established rentalincome, a City of London rental license and potential for future income expansion.Featuring 5 bedrooms, this property is ideally suited for student accommodation. The main flooroffers a spacious eat-in kitchen, bright living room with wood-burning fireplace, 2 generouslysized bedrooms and a 3-piece bathroom. The finished lower level features a separate entrance, 3additional bedrooms, family room, 3-piece bathroom, utility room, laundry and ample storagespace.CITY-LICENSED RENTAL PROPERTY! Previously inspected by the City inspector and Fire Department.Equipped with interconnected, hardwired smoke and carbon monoxide alarms on both levels.PROVEN RENTAL COLLECTIONS:May 2024 - April 2025: $42,535May 2025 - April 2026: $37,270FUTURE DEVELOPMENT POTENTIAL! Following the 2023 City of London zoning by-law changes, theproperty may qualify for a detached garden suite, offering an opportunity to generateadditional rental income, subject to municipal approvals and permits.Additional highlights include a roof replaced in 2024, concrete parking pad and a spaciousbackyard.Whether you are looking to expand your student rental portfolio or maximize returns throughfuture development, this property offers excellent investment potential!DON'T MISS THIS OPPORTUNITY TO OWN AN INCOME-PRODUCING PROPERTY WITH ROOM TO GROW! (id:25417)

  • Listing ID: X14152220
  • Property Type: Single Family
Property
Style: Bungalow
Ownership: Freehold
Lot Size: 37 by 120 FT
Parking: No Garage
4 Spaces
Building
Type: Single Family House
Appliances: Stove, Two Refrigerators, Washer and Dryer
HVAC: Fireplace and Forced Air
Natural Gas
Exterior: Brick
Basement: N/A
Utilities: Sanitary Sewer
Location
City: London
Province: Ontario
Rooms Level Dimensions
Bedroom Basement 3.9 m x 2.59 m
Bedroom Basement 3.84 m x 3.44 m
Bedroom Basement 3.3 m x 2.98 m
Kitchen Main level 4.2 m x 3.5 m
Living room Main level 5.15 m x 3.5 m
Bedroom 2 Main level 3.71 m x 3.56 m
Bedroom 3 Main level 3.9 m x 2.56 m

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6 GOWER STREET, London, Ontario N6H 2E6
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This property, located on Gower Street in London Ontario, was published on November 5th, 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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