London North N6G 1B1 Ontario
MLS: X12715296
Added 7 days ago | For Sale
Listed by: Exit Integrity Realty Inc.
Open House this Saturday 12 Noon - 2 pm. Live one level, rent the other - a true mortgage helper near Western. Vacant, TURNKEY, Cash-Positive LEGAL student bungalow - ideal for investors or parents buying for a Western student. Welcome to 4 McDonald Ave, a City of London licensed 4-bedroom bungalow in one of the most reliable student rental pockets near Western University. Located on a quiet dead-end street ending at Essex Park, this is a proven, low-stress rental opportunity. Smart layout = flexibility. Live on one level and rent the other, or fully rent the home. Private lower-level walk-down entrance allows for excellent separation and safety - a powerful mortgage helper. Unbeatable location. Approx. 800-metre walk to Western, or quick access to major transit on Wharncliffe at the end of the street. Strong, proven income. Rented for $850 per room x 4 = $3,400/month + tenants pay utilities - excellent cash flow in a high-demand student market. Low-maintenance ownership with major updates: Some newer windows High-efficiency furnace Central air Roof (2018) Brand-new heat pump (2025). Investor-friendly features: 4 bedrooms Parking for 4 vehicles (potential 5) Easy-care exterior and lot. Location. Income. Legal license. Condition. A rare combination steps from Western - must be seen in person. See you at the open House this Saturday 12 Noon - 2 pm. Come enter the GIFT CARD GIVEAWAY!