236 Bernard Avenue
London East, N6A 2M8·MLS® X13499950·
Listing courtesy of Blue Forest Realty INC.·Updated 4 hours ago
Listing price
$639,900
Est. $3,048/mo
Days on market
Listed Jun 29, 2026
Description
Attention investors and Western University parents! This well-maintained property offers an unbeatable location just a 5-minute walk to the gates of Western University and King's University College, making it an excellent opportunity for student housing or a long-term investment. It's also conveniently located near public transit, University Hospital, Masonville Place, shopping, restaurants, and everyday amenities.The bright and functional layout features 5 bedrooms and 2 full bathrooms, providing plenty of space for students or a growing family. The main floor offers a welcoming sunroom, a spacious living room, a kitchen with a peninsula and ample cabinetry, three bedrooms, and a full bathroom. The finished lower level includes two additional bedrooms, a second full bathroom, and a large utility room with plenty of storage space.Outside, enjoy a generous backyard and a private driveway with parking for 3 to 4 vehicles, a valuable feature in this highly sought-after neighbourhood.An exceptional turnkey investment, the property is currently tenanted until May 2027, providing immediate rental income and peace of mind for investors.
Property details
Basement
Full
Parking
3 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 8 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
$9,273
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$780,000
50 Penrith Crescent, London North
Sold$785,000
230 St Bees Close, 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
$2,560
Rental yield
4.8%
Est. cash flow
-$1,564
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$154,646
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$659,737
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