244 Edinburgh Street
London (North N), ON N6H 1M3
- 2+3Bedrooms
- 2Bathrooms
- 0Garage
- 700–1100Sq Ft
- $3,229Tax
- 33×127 ftLot Size
Estimated Value:$426,505See Free Estimate Report
Sale & Price History for 244 Edinburgh Street, London, North N
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 244 Edinburgh Street, London, North N
Summarized Description
- Five bedrooms ideal for student rentals.
- Potential monthly rent of $3,750.
- Located near Western University.
- Projected 9.8% gross yield before expenses.
- Great investment opportunity for parents.
- Convenient access to transit and amenities.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,229
- Land Transfer Tax Fee
- $5,675
- Basement Type
- Full, Finished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Carpet Free, In-Law Capability, Primary Bedroom - Main Floor, Ventilation System, Water Heater, Water Heater Owned, Water Meter
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Patio
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- Bungalow
- Approx Age
- 51-99
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Metal
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 33.00 ft
- Lot Depth
- 127.02 ft
Inclusions
- Inclusions
- Fridge, Stove, Washer & Dryer
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 2 + 3
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Room—Lower level
- Bedroom 2—Lower level
- Bedroom—Main level
- Living Room—Main level
- Bedroom 3—Lower level
- Bedroom 4—Lower level
- Primary Bedroom—Main level
- Utility Room—Lower level, Combined w/Laundry
- Kitchen—Main level
Washrooms
- 4-piece, Main
- 3-piece, Lower
- Municipality
- London
- Neighbourhood
- North N
- Main cross streets
- Riverside Dr
- Zoning
- R1-7
- Directions
- Take Riverside Dr, turn right onto Woodward Ave, turn left onto Edinburgh St, property will be on the left.
- MLS® number
- X13723076
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-08-28
- Updated on
- 2026-08-28
- Days on market
- 52 days
- Possession type
- Flexible
- Co-op commission
- 2% + HST
- Seller
- Listed by
- CENTURY 21 FIRST CANADIAN CORP
Home Market Value
Current home valuation for 244 Edinburgh Street, London, North N, London, ON. Listed for $459,999
HOMEH Estimate
$426,505
Estimated Sales Range
$336,939 - $516,071
HOMEH Estimate for 244 Edinburgh Street, London, North N
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$23,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $17,480 | $12,834 | $10,948 | $0 |
=Total mortgage | $454,479 | $426,833 | $401,947 | $367,999 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,219monthly | $2,084monthly | $1,963monthly | $1,797monthly |
Land Transfer Tax
$5,675
$5,675
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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