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Property Description
This prime investment opportunity is located at the highly sought-after intersection of Richmond and Huron Street in North London, just steps from Western University, Kings College, Richmond Row, and downtown. This well-maintained, licensed rental property offers an ideal location for student housing and professionals alike. The property features a spacious layout, including 7 bedrooms, a bright and inviting foyer, a generously sized living room, and multiple levels of living space. The upper floor offers 3 well-appointed bedrooms and a 3-piecebathroom, while the main floor includes 2 additional bedrooms, a large living area, and easy access to the kitchen and common spaces. The basement is fully finished with 2 more bedrooms, a4-piece bathroom, and a separate shower, providing ample space for tenants. Currently, 4 bedrooms are rented for $3,000 per month until April 30th, 2027, generating stable income and the remaining 3 bedrooms are being marketed for $2,400 per month. Last year it was rented for $74,000 per year. Additional highlights include a large backyard, a driveway for 2 cars, and extra parking access via a rear lane. Located in a high-demand area near bus routes, Western University, and local amenities, this property is a rare opportunity for investors looking to add a high-yield asset to their portfolio. Don't miss out on this exceptional chance.
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Property Features
Arts Centre, Library, Park, Public Transit, Ravine, Rec./Commun.Centre, None, Water Heater, Available, Private Triple
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Property Details
Address
200 Huron Street
Community
City
Postal Code
N6A 2J5
Property Type
Detached, Detached
Zoning
R1-5
Lot Size
30' x 178'
Taxes
$6,119 (2025
Basement
Full, Finished
Exterior
Deck, Year Round Living
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
None
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Listing contracted with Century 21 First Canadian Corp
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