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236 Bernard Avenue

London East, N6A 2M8·MLS® X13499950·

Listing courtesy of Blue Forest Realty INC.·Updated 4 hours ago

For sale
1 / 35
3Beds
2Baths
700-1,100Sqft
100+Year Built

Listing price

$639,900

Est. $3,048/mo

Days on market

1

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

$659,737Above Market
$621,343$698,131

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Stoneybrook

London East, ON

Established subdivision east of Masonville surrounded by the Stoney Creek Valley.

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,048
Property tax$693
Insurance (est.)$133
Utilities (est.)$250
Total monthly$4,124

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

Jun 29, 2026Listed
$639,900

Sold comparables nearby

50 Penrith Crescent, London NorthSold

$780,000

50 Penrith Crescent, London North

3 bd·3 ba·2,000-2,500 sqft
230 St Bees Close, London NorthSold

$785,000

230 St Bees Close, London North

3 bd·3 ba·1,500-2,000 sqft

See all 10 comparables

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Market conditions · East B

Buyer's marketBalancedSeller's market

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

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$154,646

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$659,737

Above Market

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