50 Irwin Street
London (North K), ON N5G 1C8
- 8+3Bedrooms
- 5Bathrooms
- 7Parking
- 3000–3500Sq Ft
- $11,572Tax
- 49×117 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 50 Irwin Street, London, North K
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
Real estate boards require you to or to see the full details of this property.
*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 50 Irwin Street, London, North K
Summarized Description
- Located near Western University for high rental demand.
- Turnkey 5-unit multiplex with 11 bedrooms.
- Strong cash flow with 7.0% Cap Rate.
- Includes detached garage for additional income.
- Fully tenanted with separate hydro metering.
- Five dedicated parking spots available.
- Immediate income and long-term appreciation potential.
PRIME WESTERN UNIVERSITY LOCATION! 50 Irwin Street is a turnkey legal 5-unit residential multiplex featuring a high-density 11-bedroom layout directly adjacent to Western University. Offered at an attractive 7.0% Cap Rate, the property delivers excellent Gross Operating Income and a 1.60 Debt Coverage Ratio, supported by strong student rental demand and supplemental coin laundry income. Additional income potential exists through the detached garage. Fully tenanted and designed for efficient ownership, and includes separate hydro metering and five dedicated parking spots. This is a compelling opportunity to acquire a cash-flowing asset in London's premier academic rental corridor, offering immediate income, strong debt coverage, and long-term appreciation potential.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $11,572
- Land Transfer Tax Fee
- $20,415
Rental Items
- Rental Equipment
- Water Heater
- Basement Type
- Full
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- None
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 48.80 ft
- Lot Depth
- 117.00 ft
- Lot Size
- 48.80 x 117.00
- Lot Size Code
- 48.80 x 117.00
Inclusions
- Inclusions
- 5 Fridges, 5 Stoves, 5 Dishwashers, 1 Washer, 1 Dryer
Exclusions
- Exclusions
- Tenants' Belongings
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 2
- Parking Spaces
- 5
- Total Garage And Parking Spaces
- 7
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Water
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 8 + 3
- Washrooms
- 5
- Kitchens
- 5
Washrooms
- 4-piece, Main
- 4-piece, Second
- 4-piece, Basement
- Municipality
- London
- Neighbourhood
- North K
- Main cross streets
- Wharncliffe Rd N & Oxford St W
- Zoning
- R2-3(2)
- Directions
- East of Wharncliffe Rd N, North of Saunby St & South of Beaufort St
- Waterfront
- None
- MLS® number
- X13769512
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-09-10
- Updated on
- 2026-09-11
- Days on market
- 39 days
- Possession type
- Flexible
- Co-op commission
- 2.0% + HST
- Seller
- Listed by
- Rock Star Real Estate Inc., Brokerage
Home Market Value
Current home valuation for 50 Irwin Street, London, North K, London, ON. Listed for $1,197,000
HOMEH Estimate
—
Estimated Sales Range
—
HOMEH Estimate for 50 Irwin Street, London, North K
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
For the owner
Is this your home? Track its value.
Get this home's HOMEH Estimate by email once a month, with how many homes are for sale around you.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $697,000 over $500K
$94,700
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $44,050 | $33,396 | $28,489 | $0 |
=Total mortgage | $1,145,290 | $1,110,696 | $1,045,939 | $957,600 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,592monthly | $5,423monthly | $5,107monthly | $4,675monthly |
Land Transfer Tax
$20,415
$20,415
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
Ask HOMEH
New!Hi there!
👋Text or call (416) 301-9001
Recommended for you
Based on homes you've looked at.
No recommended properties found.
Nearby similar homes
No nearby properties found.
More real estate resources
Other homes nearby
Explore this area
Nearby neighbourhoods
No nearby listings available.