5 Bed Residential Freehold – 233 BERNARD Avenue, London East, ON
$599,900 CAD
Property Description
Great investment opportunity. Walk distance the Western University and King’s University ! Excellent rental layout with City rental permit. Leased to 4 student tenants (A+ Western University female students) until April 30, 2027, Gross Income $40800/year ($3400/month, including maximum $300 utility/month). 5 bedrooms and 2.5 bathrooms. Main level has updated kitchen, living room, dining room, 2 bedrooms (one bedroom currently used as Rec room) and a 4 piece bathroom. The upper level has 2 bedrooms, one office and a 2 piece bathroom. Lower level has one bedroom, a 3-piece bath, a family room, Rec Room and laundry. Newer kitchen, fridge, central air with newer high efficiency furnace; most windows upgraded, electrical panel upgraded to breakers; Many recent upgrades: floor (2017), Main level bathroom (2017), 30 years long-life roof shingles (2020), lights (2022), washer and dryer (2024), dishwasher (2025), basement bathroom (2025). Turn key investment property in university neighborhood!
Property Details
Type
Residential Freehold
Parking
2 spaces
All Photos
Location
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned and administered by The Canadian Real Estate Association (CREA). The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Used under license. Listing data is provided by PropTx LLC via the Amplify Syndication RESO Web API and is sourced from the MLS® System of the Toronto Regional Real Estate Board (TRREB) and other participating member boards.
Lease Cost Summary
Estimated occupancy costs based on the listed rate.
Listed Rate
$599,900 / mo
Monthly Cost
$599,900
Annual Cost
$7,198,800
* TMI (taxes, maintenance, insurance) and utilities may be additional. Talk to Maneesh for full lease terms.
Request Information
All fields marked * are required.