$889,000
Available - For Sale
Listing ID: X12121279
232 Bernard Aven , London East, N6A 2M8, Middlesex


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/month each, generating a strong monthly rental income of $5,550, with leases in place through May 2026 - 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.
Price $889,000
Taxes: $5490.00
Assessment Year: 2024
Occupancy: Tenant
Address: 232 Bernard Aven , London East, N6A 2M8, Middlesex
Directions/Cross Streets: Richmond Street
Rooms: 11
Bedrooms: 6
Bedrooms +: 0
Family Room: T
Basement: Partial Base, Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 14.83 10.99
Room 2 Main Kitchen 19.81 18.4
Room 3 Main Bedroom 9.97 8.99
Room 4 Main Dining Ro 14.83 10.99
Room 5 Second Bedroom 14.3 11.97
Room 6 Second Bedroom 12.5 9.97
Room 7 Second Bedroom 10.99 9.97
Room 8 Second Bedroom 10.56 9.97
Room 9 Second Bedroom 9.41 9.22
Washroom Type No. of Pieces Level
Washroom Type 1 3
Washroom Type 2 4
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Detached
Style: 2-Storey
Exterior: Brick, Vinyl Siding
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 4
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Other Structures: Fence - Full
Approximatly Square Footage: 2000-2500
Property Features: Fenced Yard, Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
BLUE FOREST REALTY INC.
Personal Picture
Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
Bus:
905-458-7979
Fax:
905-458-1220
 
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At a Glance:
Type: Freehold - Detached
Area: Middlesex
Municipality: London East
Neighbourhood: East B
Style: 2-Storey
Lot Size: x 125.00(Feet)
Approximate Age:
Tax: $5,490
Maintenance Fee: $0
Beds: 6
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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