232 Bernard Avenue, London East (East B) ON

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 6 bedroom, 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. (id:56071). Get more information on 232 Bernard Avenue

Property Features

Appliances:  Water Heater, Dishwasher, Freezer, Stove, Two Refrigerators
Rental Equipment:  Water Heater
Directions:  Richmond Street
Zoning Description:  R1-5
Interior Size:  2000 - 2500 sqft
Fence:  Fully Fenced, Fenced yard
Community Features:  School Bus, Community Centre
Lot:  40 x 125 FT 40 x 125 FT
Exterior Finish:  Brick, Vinyl siding
Water:  Municipal water, Sanitary sewer
Heating / Cooling:   Natural gas / Window air conditioner
Age: 
Foundation: Block
Basement:  Partial (Unfinished) Unfinished

Rooms & Sizes

Bedroom Second level 4.36 m x 3.65 m	Bedroom Second level 3.81 m x 3.04 m	Bedroom Second level 3.35 m x 3.04 m
Bedroom Second level 3.22 m x 3.04 m	Bedroom Second level 2.87 m x 2.81 m	Living room Main level 4.52 m x 3.35 m
Kitchen Main level 6.04 m x 5.61 m	Bedroom Main level 3.04 m x 2.74 m	Dining room Main level 4.52 m x 3.35 m