$886,875
$999,000
11.2%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
6 Baths
SOLD DATE : 04/24/2025
Key Details
Sold Price $886,875
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision North N
MLS Listing ID X11937002
Sold Date 04/24/25
Style 2-Storey
Bedrooms 5
Annual Tax Amount $7,031
Tax Year 2024
Property Sub-Type Detached
Property Description
Don't miss this rare chance to own a purpose-built luxury student rental in one of Ontario's fastest-growing university towns. Recently renovated with a spacious two-storey addition, this fully licensed and city-permitted property is ideally located near transit, including a quick one-bus route to Western University, downtown, shopping and more. Featuring five generously sized bedrooms, each with its own private bathroom, plus a powder room on the main floor, this property is consistently in high demand among students. The open-concept layout includes two common areas and a modern kitchen with stainless steel appliances, creating a functional and stylish living space. With a flawless five-year track record of 100 percent occupancy due to its prime location and premium features, this property offers a strong 5 percent cap rate, combining stability, growth potential and unmatched desirability in the London market.
Location
Province ON
County Middlesex
Community North N
Area Middlesex
Rooms
Family Room No
Basement Finished
Kitchen 1
Interior
Interior Features Water Heater Owned
Cooling Central Air
Exterior
Parking Features Private Double
Pool None
Roof Type Unknown
Lot Frontage 42.49
Lot Depth 104.5
Total Parking Spaces 2
Building
Foundation Unknown
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