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MLS® X13723076
London, ON
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.
Inclusions
Fridge, Stove, Washer & Dryer
Broker
CENTURY 21 FIRST CANADIAN CORP
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Detached
244 Edinburgh Street London
London North
Built
51-99
Type
Detached
Basement
Full, Finished
Parking
None (4)
Property Tax
~$3,229/yr
Heating
Forced Air
Buying Essentials
Square Feet
900 sqft
Facing Direction
South
Parking
None (4)
Finances
List Price
$459,999
Price per SQFT
$511/sqft
Property Tax
~$3,229/yr
Property Specs
Property Type
Detached
MLS Size
900 sqft
Age of Building
51-99
Basement
Full, Finished
Living & Amenities
Heating Type
Forced Air
Features
Carpet Free · In-Law Capability · Primary Bedroom - Main Floor · Ventilation System · Water Heater · Water Heater Owned · Water Meter
Policies & Utilities
Neighbourhood
London North
Listed On
Aug 28, 2026
Days on Market
Current: 71 days
10.8 x 19.6
212 sqft
9.7 x 7.7
75 sqft
10.8 x 12.9
140 sqft
9.1 x 9.5
86 sqft
7.8 x 13.4
105 sqft
8.3 x 9.7
81 sqft
8.2 x 11.3
92 sqft
Combined w/Laundry
12.5 x 10.7
133 sqft
Rooms
8
Listed Room Area
924 sqft
Source
Estimated from MLS room dimensions
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