244 Edinburgh Street

North N, London, N6H 1M3
FOR SALE
$459,999
244 Edinburgh Street, London
244 Edinburgh Street
244 Edinburgh Street
244 Edinburgh Street
244 Edinburgh Street
244 Edinburgh Street
244 Edinburgh Street
244 Edinburgh Street
244 Edinburgh Street
244 Edinburgh Street
244 Edinburgh Street
244 Edinburgh Street
244 Edinburgh Street
244 Edinburgh Street
244 Edinburgh Street
244 Edinburgh Street
244 Edinburgh Street
244 Edinburgh Street
244 Edinburgh Street
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2 + 3
BEDROOMS
2
BATHROOMS
1
KITCHENS
4 + 3
ROOMS
X13723076
MLSID
Contact Us
Property Description
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.
Property Features
Carpet Free, In-Law Capability, Primary Bedroom - Main Floor, Ventilation System, Water Heater, Water Heater Owned, Water Meter, Private Double
Property Details
Address
244 Edinburgh Street
Community
City
Postal Code
N6H 1M3
Property Type
Detached, Detached
Zoning
R1-7
Lot Size
33' x 127'
Taxes
$3,229 (2026
Basement
Full, Finished
Exterior
Patio
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
Listing contracted with Century 21 First Canadian Corp
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BEDS
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FOR SALE
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