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About the Listing 371303 -
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-piece bathroom, 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, a 4-piece bathroom, and a separate shower, providing ample space for tenants. Currently, 5 bedrooms are rented for $750 each per month until April 30th, 2027, generating stable income, while the remaining 2 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
Listing Highlights
Status
Active
Days on Site
0
Property Type
Residential
MLS ®
X13576546
Year Built
Total Square Footage
1,500
Lot/Acreage
0.12
Interior Details
- Bedrooms: 7
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full,Finished
- Other: Water Heater
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Asphalt Shingle
- Others: Deck,Year Round Living,Arts Centre,Library,Park,Public Transit,Ravine,Rec./Commun.Centre
- Sewer: Sewer
- Parking Features: Available,Private Triple,No Garage
Financial Details
- Tax Amount: $6,119
- Taxes w/Assessments: N/A
- Tax/Property ID: 080800048
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
200 Huron St London, ON N6A 2J5
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