Homes For Sale: Canada Ontario London North (north N) 244 EDINBURGH STREET
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$459,999 CAD

244 EDINBURGH STREET
London North (north N), Ontario N6H 1M3
Canada
5 bedrooms
2 full baths
Residential For Sale, Single Family
Sale price per sqm: 0
CENTURY 21 First Canadian Corp. Brokerage
420 York Street
London, Ontario N6B1R1, Canada
Phone: 519-639-3585

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Remarks:

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:42016)

Features:

  • Exterior Description: Vinyl Siding
  • Heating System: Forced Air
  • Cooling System: Central Air Conditioning (zoned)

Location:

244 EDINBURGH STREET, London North (north N), Ontario N6H 1M3, Canada
Listed By CENTURY 21 First Canadian Corp. Brokerage

The Residential For Sale, Single Family located at 244 EDINBURGH STREET, London North (north N), Ontario N6H 1M3, Canada is currently for sale. 244 EDINBURGH STREET, London North (north N), Ontario N6H 1M3, Canada is listed for $459,999 CAD. This property has 5 bedrooms, 2 full baths. If the property located at 244 EDINBURGH STREET, London North (north N), Ontario N6H 1M3, Canada isn't what you're looking for, search Ontario Real Estate to see other Homes For Sale in London North (north N).

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