Detached

220 Bernard Avenue

London, N6A 2M8

$599,900
Bedrooms
5
Bathrooms
3
Interior
1,100-1,500 ft²
Lot
40 × 125 ft
Type
Detached
On the market
28 days

About this home

Currently rented for $4,250/month through April 30, 2027! This well-located student rental at 220 Bernard Ave offers investors an opportunity to purchase an income-producing property near Western University with a tenant already in place.This solid brick 1.5-storey home features 5 bedrooms plus a den, 3 bathrooms and a single-car garage, providing plenty of space for a student household. The property is conveniently located close to Western University, with easy access to transit, shopping, restaurants and other amenities.The functional layout offers multiple living spaces and bedrooms, while the 1.5-storey design adds character and flexibility. The single-car garage provides valuable parking and storage.With current rental income of $4,250/month and the existing lease secured until April 30, 2027, this is an opportunity to add a turnkey student rental to your portfolio with income already in place. A great location, established rental history and strong proximity to Western make 220 Bernard Ave worth a look.

Features

  • Storage
  • Porch

Property details

MLS® number
X14087654
Property type
Detached
Style
1 1/2 Storey
Bedrooms
5
Bathrooms
3
Kitchens
1
Interior size
1,100-1,500 ft²
Lot
40 × 125 ft
Basement
Finished, Full
Heating
Forced Air, Gas
Cooling
Central Air
Sewer
Sewer
Parking
4 spaces, garage: detached
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete
Property taxes
$5,398 (2025)
Possession
Flexible
Cross street
Richmond
Community
East B
Municipality
London

Rooms

  • Kitchen

    11' 3" × 11' 3"

    Main

  • Living Room

    17' 7" × 11' 3"

    Main

  • Bedroom

    10' 6" × 11' 3"

    Main

  • Bedroom 2

    11' 7" × 10' 2"

    Second

  • Bedroom 3

    11' 7" × 10' 2"

    Second

  • Bedroom 4

    10' 8" × 10' 3"

    Basement

  • Bedroom 5

    10' 8" × 10' 3"

    Basement

  • Bathroom

    Second

Room sizes come from the listing brokerage, converted from metres where needed. They are deemed reliable but not guaranteed.

Location

London, near Richmond

220 Bernard Avenue, London

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$2,656a month

$119,980 down, 4.5%, 25 years

Down payment

%
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An estimate, not a quote. Under 20% down, the default insurance premium is added to the loan.

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