Detached House for sale at 244 Edinburgh Street, London North, Ontario, N6H 1M3 - North N - MLS: X13723076

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244 Edinburgh Street

London North, Ontario, N6H 1M3 - North N

$459,999

Neighbourhood

North N
Major Intersection

Riverside Dr

Listed Since: 1 day(s)
Last update: today

Overview

Property Type

Detached, Bungalow
Bedrooms

2 + 3
Bathrooms

2
Basement

Full + Finished
Kitchen

1
Total Parking

4
Lot Size

33x127.02 (Feet)
Taxes

$3,229.00 (2026)
Type

Freehold

Property Description

Property description for 244 Edinburgh Street, London North

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.

Listed by CENTURY 21 FIRST CANADIAN CORP

Property details

MLS #

X13723076
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

51-99
Pool

None
Drive

Pvt Double
Garage

None
Total Parking

4
Family Room

N
Den

N
Exterior

Vinyl Siding
Fireplace

N
Roof

Metal
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

Lower
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X13723076
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

51-99
Pool

None
Drive

Pvt Double
Garage

None
Total Parking

4
Family Room

N
Den

N
Exterior

Vinyl Siding
Fireplace

N
Roof

Metal
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

Lower
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

3.3 x 5.97 ft Main level
Kitchen

2.97 x 2.36 ft Main level
Primary

3.3 x 3.94 ft Main level
Br

2.77 x 2.9 ft Main level
2nd Br

2.39 x 4.09 ft Lower level
3rd Br

2.54 x 2.95 ft Lower level
4th Br

2.49 x 3.45 ft Lower level
Utility

3.81 x 3.25 ft Lower level

Combined W/Laundry

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Detached in North N

Active listings

Average Selling Price of a Detached

July 2026

$770,063

Last 3 Months

$684,819

Last 12 Months

$607,903

July 2025

$785,000

Last 3 Months LY

$658,746

Last 12 Months LY

$572,009

Change

-2%

Change

Number of Detached Sold

July 2026

Last 3 Months

Last 12 Months

July 2025

Last 3 Months LY

Last 12 Months LY

Change

700%

Change

20%

Change

50%

How many days Detached takes to sell (DOM)

July 2026

Last 3 Months

Last 12 Months

July 2025

Last 3 Months LY

Last 12 Months LY

Change

96%

Change

32%

Change

52%

Average Selling price

Inventory Graph

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Closing Cost Total for this property

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First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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