244 EDINBURGH STREET, London North (North N)
5 BEDS · 2 BATHS · 700 - 1100 sqft
$459,999
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.
General Info
| MLS Listing ID: X13723076 | Bedrooms: 5 | Bathrooms: 2 | Year Built: 0 |
| Listing Type: Single Family | Half Baths: N/A | Fireplace Fuel: N/A | Maintenance Fee: N/A |
| Foundation: Concrete | Roof: N/A | Title To Land: Freehold | Parking Space Total: 4 |
| Parking: No Garage | Heating: Forced air | Size: 700 - 1100 sqft | Air Conditioning : Central air conditioning, Ventilation system |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: Full (Finished) |
| Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |
Amenities/Features
- Carpet Free













































