232 Bernard Avenue, London East, ON Image 1

$849,000

Detached For Sale
MLS - #X12146125
May 14- By BLUE FOREST REALTY INC.

232 Bernard Avenue, London East, ON N6A 2M8

6 Bed
3 Bath
2000-2500 Sqft.
Detached Garage

Property Description

Property type

Detached

Lot size

N/A

Style

2-Storey

Approx. Area

2000-2500 Sqft

Room Information

Room TypeDimension (length x width)FeaturesLevel
Living Room4.52 x 3.35 mN/AMain
Kitchen6.04 x 5.61 mN/AMain
Den3.04 x 2.74 mN/AMain
Dining Room4.52 x 3.35 mN/AMain

About 232 Bernard Avenue

Excellent Turn-Key Investment Opportunity Walking Distance to Western University! Welcome to this solid, income-generating brick home located on a quiet, tree-lined street just minutes from the University of Western Ontario. This spacious 5 bedroom plus den, 3 bathroom property is fully leased to 6 students at $925 inclusive/month each, generating a strong monthly rental income of $5,550, with leases in place through May 2026, and it holds a rental license through the City of London - perfect for investors seeking long-term, stable cash flow. Inside, you'll find a well-maintained home with numerous updates, including new windows (2019), updated electrical, new roof, and new laminate flooring in the kitchen. The main and upper levels feature classic hardwood flooring throughout, offering both character and durability. The oversized eat-in kitchen is well-equipped with two fridges and a freezer to accommodate shared student living. The detached garage offers additional storage options. This is a fantastic opportunity to secure a low-maintenance, fully rented investment property in one of Londons most desirable student rental locations. Whether you're a seasoned investor or just getting started, this property offers strong financials, great location, and peace of mind with solid leases in place.

Home Overview

Last updated

May 14

Virtual tour

None

Basement information

Partial Basement, Unfinished

Building size

--

Status

In-Active

Property sub type

Detached

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:Partial Basement, Unfinished
Cooling:Window Unit(s)
Heating:Forced Air
Parking Features:Private
8
Similar Homes Found
$696,475
Average Price
21.9%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 232 Bernard Avenue

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

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