OPEN HOUSE This Saturday 10am - Noon. Vacant TURNKEY, Cash-Positive LEGAL Student Rental Steps from Western!
Welcome to 4 McDonald Ave — a City of London legally licensed 4-bedroom bungalow in one of Western University’s most reliable student rental pockets. Located on a quiet dead-end street ending at Essex Park, this is the kind of low-stress, high-demand rental investors chase.
Just a short 800 metre walk to Western or hop on the major transit route at Wharncliffe at the end of the street — unbeatable convenience for students.
Strong Income Potential. Currently achieving approximately $850 / room x 4 bedrooms = $3,400/month, with current tenants paying utilities — delivering excellent cash flow in a proven student market where this home has been rented successfully for years.
Major Capital Updates = Low Maintenance Ownership: Newer windows, High-efficiency furnace, Central air, Roof replaced 2018 and a Brand new heat pump (2025) for added efficiency
Investor-Friendly Layout:
• 4 spacious bedrooms
• Private lower-level walk-down entrance (ideal for safety & tenant separation)
• Parking for 4 vehicles (potential for 5)
• Easy-care exterior and lot.
This is a must-see in person. The condition and layout will not disappoint.
Location. Cash Flow. Low Maintenance. Legal License.
A rare combination near Western University.