Homes for Sale in London, Ontario
200 Huron Street
London East, N6A 2J5·MLS® X13576546·
Listing courtesy of Century 21 First Canadian Corp·Updated 3 hours ago
Listing price
$789,900
Est. $3,762/mo
Days on market
Listed Jul 17, 2026
Description
This prime investment opportunity is located at the highly sought-after intersection of Richmond and Huron Street in North London, just steps from Western University, Kings College, Richmond Row, and downtown. This well-maintained, licensed rental property offers an ideal location for student housing and professionals alike. The property features a spacious layout, including 7 bedrooms, a bright and inviting foyer, a generously sized living room, and multiple levels of living space. The upper floor offers 3 well-appointed bedrooms and a 3-piece bathroom, while the main floor includes 2 additional bedrooms, a large living area, and easy access to the kitchen and common spaces. The basement is fully finished with 2 more bedrooms, a 4-piece bathroom, and a separate shower, providing ample space for tenants. Currently, 5 bedrooms are rented for $750 each per month until April 30th, 2027, generating stable income, while the remaining 2 bedrooms are being marketed for $2,400 per month. With a gross annual rental income of $82,800, this property offers substantial return potential. Additional highlights include a large backyard, a driveway for 2 cars, and extra parking access via a rear lane. Located in a high-demand area near bus routes, Western University, and local amenities, this property is a rare opportunity for investors looking to add a high-yield asset to their portfolio
Property details
Basement
Full, Finished
Parking
5 spaces
Type
Detached — 1 1/2 Storey
Heating
Forced Air
AI property estimate
59% confidence · 11 sold homes within 2 km, by price per sq ft
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$12,273
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$500,000
233 BERNARD Avenue, London East
Sold$1,300,000
439 Regent Street, London East
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
$3,160
Rental yield
4.8%
Est. cash flow
-$1,873
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$188,730
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$839,000
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