New
$439,900
1 / 44
Detached
244 Edinburgh Street
London, N6H 1M3
$459,999
- Bedrooms
- 2+3
- Bathrooms
- 2
- Interior
- 700-1,100 ft²
- Lot
- 33 × 127.02 ft
- Type
- Detached
- On the market
- 77 days
About this home
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.
Features
- Carpet Free
- In-Law Capability
- Primary Bedroom - Main Floor
- Ventilation System
- Water Heater
- Water Heater Owned
- Water Meter
- Patio
Property details
- MLS® number
- X13723076
- Property type
- Detached
- Style
- Bungalow
- Bedrooms
- 2+3
- Bathrooms
- 2
- Kitchens
- 1
- Interior size
- 700-1,100 ft²
- Approximate age
- 51-99 years
- Lot
- 33 × 127.02 ft
- Basement
- Full, Finished
- Heating
- Forced Air, Gas
- Cooling
- Central Air
- Sewer
- Sewer
- Parking
- 4 spaces
- Exterior
- Vinyl Siding
- Roof
- Metal
- Foundation
- Concrete
- Property taxes
- $3,229 (2026)
- Possession
- Flexible
- Cross street
- Riverside Dr
- Community
- North N
- Municipality
- London
Rooms
Living Room
10' 10" × 19' 7"
Main
Kitchen
9' 9" × 7' 9"
Main
Primary Bedroom
10' 10" × 12' 11"
Main
Bedroom
9' 1" × 9' 6"
Main
Bedroom 2
7' 10" × 13' 5"
Lower
Bedroom 3
8' 4" × 9' 8"
Lower
Bedroom 4
8' 2" × 11' 4"
Lower
Room
Lower
Utility Room
12' 6" × 10' 8"
Lower
Combined w/Laundry
| Room | Level | Size | Features |
|---|---|---|---|
| Living Room | Main | 10' 10" × 19' 7" | |
| Kitchen | Main | 9' 9" × 7' 9" | |
| Primary Bedroom | Main | 10' 10" × 12' 11" | |
| Bedroom | Main | 9' 1" × 9' 6" | |
| Bedroom 2 | Lower | 7' 10" × 13' 5" | |
| Bedroom 3 | Lower | 8' 4" × 9' 8" | |
| Bedroom 4 | Lower | 8' 2" × 11' 4" | |
| Room | Lower | ||
| Utility Room | Lower | 12' 6" × 10' 8" | Combined w/Laundry |
Room sizes come from the listing brokerage, converted from metres where needed. They are deemed reliable but not guaranteed.
Location
London, near Riverside Dr
244 Edinburgh Street, London
Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.
Mortgage estimate
$2,037a month
$92,000 down, 4.5%, 25 years
Down payment
%
Open the full calculatorAn estimate, not a quote. Under 20% down, the default insurance premium is added to the loan.
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