Just listed! New listings in London East often receive offers within the first week.
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, 4bedrooms are rented for $4,500 per month until April 30th, 2027, generating stable income, while the remaining 3 bedrooms are being marketed for $2,400 per month. With a gross annual rental income of $82,800, this property offers substantial return potential. 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.
*Estimates based on comparable rentals in the area. Actual income may vary.
Based on active listings in London East. Data updates daily.
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
How walkable, bikeable, and transit-friendly this neighbourhood is.
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MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
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