Size
-
Lot size
5340 sqft
Street frontage
-
Possession
2026-08-01
Price per sqft
$395 - $527
Taxes
$6,119 (2025)
Parking Type
-
Style
1 1/2 Storey
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Description
This prime investment opportunity is located at the highly sought-after intersection of Richmond and Huron Street in North London, just steps from Western University, Kings College, Richmond Row, and downtown. This well-maintained, licensed rental property offers an ideal location for student housing and professionals alike. The property features a spacious layout, including 7 bedrooms, a bright and inviting foyer, a generously sized living room, and multiple levels of living space. The upper floor offers 3 well-appointed bedrooms and a 3-piece bathroom, while the main floor includes 2 additional bedrooms, a large living area, and easy access to the kitchen and common spaces. The basement is fully finished with 2 more bedrooms, a 4-piece bathroom, and a separate shower, providing ample space for tenants. Currently, 5 bedrooms are rented for $750 each per month until April 30th, 2027, generating stable income, while the remaining 2 bedrooms are being marketed for $2,400 per month. With a gross annual rental income of $82,800, this property offers substantial return potential. Additional highlights include a large backyard, a driveway for 2 cars, and extra parking access via a rear lane. Located in a high-demand area near bus routes, Western University, and local amenities, this property is a rare opportunity for investors looking to add a high-yield asset to their portfolio
Broker: CENTURY 21 FIRST CANADIAN CORP
MLS®#: X13576546
Property details
Parking:
5
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
1 1/2 Storey
MLS Size:
1500-2000 sqft
Lot front:
30 Ft
Lot depth:
178 Ft
Listed on:
Jul 17, 2026
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Instant estimate:
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$61,776
lower than listed pricei
High
$763,376
Mid
$728,124
Low
$691,053
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