4 Beds 2 Bath

4 Mcdonald Avenue, London North, ON N6G 1B1

London North N6G 1B1 Ontario

MLS: X12715296

$569,900

Added 20 hours ago | For Sale

Listed by: Exit Integrity Realty Inc.

About Property

OPEN HOUSE This Saturday 10am - Noon. Vacant TURNKEY, Cash-Positive LEGAL Student Rental Steps from Western! Welcome to 4 McDonald Ave - a City of London legally licensed 4-bedroom bungalow in one of Western University's most reliable student rental pockets. Located on a quiet dead-end street ending at Essex Park, this is the kind of low-stress, high-demand rental investors chase. Just a short 800 metre walk to Western or hop on the major transit route at Wharncliffe at the end of the street - unbeatable convenience for students. Strong Income Potential. Currently achieving approximately $850 / room x 4 bedrooms = $3,400/month, with current tenants paying utilities - delivering excellent cash flow in a proven student market where this home has been rented successfully for years. Major Capital Updates = Low Maintenance Ownership: Newer windows, High-efficiency furnace, Central air, Roof replaced 2018 and a Brand new heat pump (2025) for added efficiency Investor-Friendly Layout: 4 spacious bedrooms Private lower-level walk-down entrance (ideal for safety & tenant separation) Parking for 4 vehicles (potential for 5) Easy-care exterior and lot. This is a must-see in person. The condition and layout will not disappoint. Location. Cash Flow. Low Maintenance. Legal License. A rare combination near Western University.

Features

  • House Style:Detached
  • Bathrooms:2
  • Land Size: 40.1 X 80.2
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:North on Wharncliffe past Oxford, First left after the Bridge.
  • Basement:Full,Separate Entrance,Walk-Up , Full,Separate Entrance,Walk-Up
  • Possession Date:FLEXIBLE
  • Annual Property taxes: $3872
  • Bedrooms:4
  • Total Parking Spaces:5
  • Parking Places:5
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:X12715296

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