Size
-
Lot size
4191 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$418 - $657
Taxes
$3,229 (2026)
Parking Type
-
Style
Bungalow
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Description
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.
Broker: CENTURY 21 FIRST CANADIAN CORP
MLS®#: X13723076
Property details
Parking:
4
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Bungalow
MLS Size:
700-1100 sqft
Lot front:
33 Ft
Lot depth:
127 Ft
Listed on:
Aug 28, 2026
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Instant estimate:
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$1,740
lower than listed pricei
High
$480,445
Mid
$458,259
Low
$434,928
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