215 Bernard Avenue
London East, N6A 2M9·MLS® X13164124·
Listing courtesy of Century 21 First Canadian Corp·Updated May 22
Listing price
$614,000
Est. $2,924/mo
Days on market
Listed May 22, 2026
Description
Attention investors, parents of university students, and young families! Welcome to 215 Bernard Avenue, a well-located bungalow in desirable North London just a short walk to Western University and King's University College. Previously operated as a student rental, this property offers flexibility, strong rental appeal, and plenty of space for a variety of living arrangements.Featuring approximately 1,598 sq ft of finished living space, the home offers a practical semi open-concept layout with high ceilings and plenty of natural light throughout. The main floor includes a spacious kitchen with direct access to the backyard deck, a comfortable living room, two bedrooms, a 4-piece bathroom, and a front den that can easily serve as a study, office, or additional lounge area. The basement includes two more bedrooms, a full 3-piece bathroom, a den, and laundry area, providing added functionality for larger families or student tenants.Step outside to enjoy the private backyard, spacious deck, and long driveway with parking for up to three vehicles. Located close to bus routes, Masonville Mall, downtown London, restaurants, grocery stores, and everyday amenities, this property is ideally situated for convenience and future potential.
Property details
Basement
Full, Finished
Parking
3 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London East, ON
Established subdivision east of Masonville surrounded by the Stoney Creek Valley.
Monthly payment estimate
Land transfer tax
Ontario LTT
$8,755
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$643,000
996 Waterloo Street, London East
Sold$585,000
543 Elmdale Avenue, London North
See all 10 comparables
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Market conditions · East B
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$2,456
Rental yield
4.8%
Est. cash flow
-$1,511
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$148,781
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$620,140
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