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$459,999
Available - For Sale
Listing ID: X13723076
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 $459,999
Taxes: $3,229
Assessment Year: 2025
Occupancy by: Vacant
Address: 244 Edinburgh Street , London North, N6H 1M3, Middlesex
Acreage: < .50
Directions/Cross Streets: Riverside Dr
Rooms: 4
Rooms +: 3
Bedrooms: 2
Bedrooms +: 3
Washrooms: 2
Family Room: F
Basement: Full
Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 10.82 19.58
Room 2: Main Kitchen 9.74 7.74
Room 3: Main Primary B 10.82 12.92
Room 4: Main Bedroom 9.09 9.51
Room 5: Lower Bedroom 2 7.84 13.42
Room 6: Lower Bedroom 3 8.33 9.68
Room 7: Lower Bedroom 4 8.17 11.32
Room 8: Lower 0 0
No. of Pieces Level
Washroom 1 4 Main
Washroom 2 3 Lower
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 4 Main
Washroom 7 3 Lower
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 4 Main
Washroom 12 3 Lower
Washroom 13 0
Washroom 14 0
Washroom 15 0
Property Type: Detached
Style: Bungalow
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 4
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 700-1100
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
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CENTURY 21 FIRST CANADIAN CORP

244 Edinburgh Street , London North, N6H 1M3, Middlesex

Personal Picture
Maria Tompson
Sales Representative
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Detached
Area: Middlesex
Municipality: London North
Neighbourhood: North N
Style: Bungalow
Lot Size: x 127.02(Feet)
Approximate Age: 51-99
Tax: $3,229
Maintenance Fee: $0
Beds: 2+3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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