2 Ruskin Court
London North, N6G 1S8·MLS® X13220854·
Listing courtesy of Sutton Group Preferred Realty INC.·Updated Jun 2
Listing price
$699,900
Est. $3,333/mo
Days on market
Listed Jun 1, 2026
Description
Looking for a high-demand licensed, student rental near Western University or a smart live-and-rent investment in London? This one checks every box.Welcome to 2 Ruskin Court, a versatile income-generating property perfectly positioned just minutes from Western University. This well-maintained 3-level back-split offers 4 bedrooms, 2 bathrooms, and a self-contained 1-bedroom suite, making it ideal for investors, house hackers, or families looking to offset their mortgage with rental income. Set on a quiet court in a highly desirable rental pocket, this home features consistent tenancy history with strong demand from students and young professionals. The layout provides excellent separation of space, maximizing privacy and rental flexibility.Recent updates include a brand new roof, while the efficient boiler heating system ensures reliable comfort year-round. Outside, the oversized double-wide driveway accommodates up to 6 vehicles, a rare and valuable feature for student housing.Location is everything. Enjoy easy access to public transit, shopping, restaurants, and everyday essentials, all within minutes. The proximity to campus makes this a top choice for renters, helping ensure low vacancy and stable income potential.Whether you're building your portfolio or stepping into your first investment, this is a proven income property in one of London's most reliable rental corridors.
Property details
Basement
Full, Finished
Parking
6 spaces
Type
Detached — Backsplit 3
Heating
Baseboard
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
London North, ON
Residential neighbourhood bordering Western University, popular with faculty and professionals.
Monthly payment estimate
Land transfer tax
Ontario LTT
$10,473
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$626,000
456 Rippleton Road, London North
Sold$620,000
812 SANDCHERRY Street, London North
See all 10 comparables
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Market conditions · North J
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
$2,800
Rental yield
4.8%
Est. cash flow
-$1,688
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$168,287
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$721,597
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