New
34
31
$549,900
166 Foster Avenue, London North, ON N6H 2L1
North N
2+1 bd
3 ba
1,100 sf
4
1 weeks on marketMLS® X13741186
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP
North N · N6H 1M3
$459,999
$657 / sq ft2 weeks on market
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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.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 0% of comparable detached listings in North N are asking less.
Based on 12 comparable active detached listings in North N. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $459,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of RE/MAX EXPERTS
$549,900
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Listing courtesy of CENTURY 21 FIRST CANADIAN CORP
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Listing courtesy of EXP REALTY
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Listing courtesy of RE/MAX ICON REALTY
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Listing courtesy of THE AGENCY REAL ESTATE
