220 Bernard Avenue, London, ON N6A 2M8

$599,900
: 5
BD
: 3
BA
: 1,100
SqFt

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List Price: $599,900
MLS#: X14087654
Status: ACTIVE
Type: Single Family Residential
SubType: Detached
Style: 1 1/2 Storey
Bedrooms: 5
Bathrooms: 3
Living Area: 1100-1500
Province: ON
Municipality: London
Area: Middlesex
Neighborhood: East
Subdivision: Richmond

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Property Description

Currently rented for $4,250/month through April 30, 2027! This well-located student rental at 220 Bernard Ave offers investors an opportunity to purchase an income-producing property near Western University with a tenant already in place.This solid brick 1.5-storey home features 5 bedrooms plus a den, 3 bathrooms and a single-car garage, providing plenty of space for a student household. The property is conveniently located close to Western University, with easy access to transit, shopping, restaurants and other amenities.The functional layout offers multiple living spaces and bedrooms, while the 1.5-storey design adds character and flexibility. The single-car garage provides valuable parking and storage.With current rental income of $4,250/month and the existing lease secured until April 30, 2027, this is an opportunity to add a turnkey student rental to your portfolio with income already in place. A great location, established rental history and strong proximity to Western make 220 Bernard Ave worth a look.

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Additional Information

Taxes: $5,398
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: Central Air
Kitchens: 1
Exterior: Brick
Garage Spaces: 1
Garage Type: Detached
Pool: None
Parking Spaces: 4