Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

233 BERNARD Avenue, London East, ON N6A 2M9 (Richmond/University Dr)
$ 599900 - MLS : X13132208

From Our Gallery

Description

Great investment opportunity. Walk distance the Western University and King's University ! Excellent rental layout. 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 3 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), disher (2025), basement bathroom (2025). Turn key investment property in university neighborhood!

Location Description

Richmond/University Dr

Property Detail

Community: East B
Property Type: Tenant/Residential Freehold
Bedrooms: 5
Bath: 3
Garages: None
Annual Property Taxes : $ 5465.04

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Poured Concrete
Counstruction Material : Vinyl Siding-Brick
Total Parking Space : 2
Parking Type : None

Amenities

Heating : Forced AirGas
Sewer : Sewer ,

Listing Contracted With: CENTURY 21 FIRST CANADIAN CORP

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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