220 Bernard Avenue · London, N6A 2M8
MLS® X14087654
Listed Oct 16, 2026
Listing courtesy of Sutton Group Preferred Realty INC.·Listing last changed 2 hours ago
Key facts
- Property type
- Detached
- Square footage
- 1,100-1,500 sqft
- Lot size
- 40 × 125 ft
- Parking
- 4 spaces
- Property tax
- $5,398/yr (2025)
Description
Currently rented for $4,250/month through April 30, 2027! This well-located student rental at 220 Bernard Ave offers investors an opportunity to purchase an income-producing property near Western University with a tenant already in place.This solid brick 1.5-storey home features 5 bedrooms plus a den, 3 bathrooms and a single-car garage, providing plenty of space for a student household. The property is conveniently located close to Western University, with easy access to transit, shopping, restaurants and other amenities.The functional layout offers multiple living spaces and bedrooms, while the 1.5-storey design adds character and flexibility. The single-car garage provides valuable parking and storage.With current rental income of $4,250/month and the existing lease secured until April 30, 2027, this is an opportunity to add a turnkey student rental to your portfolio with income already in place. A great location, established rental history and strong proximity to Western make 220 Bernard Ave worth a look.
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Property details
Interior
- Size
- 1,100-1,500 sqft
- Rooms
- 10 rooms
- Bathrooms
- 1 × 4-piece, 1 × 3-piece, 1 × 2-piece
- Basement
- Finished, Full
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, 1 1/2 Storey
- Lot size
- 40 × 125 ft
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Garage
- 1 car Detached
- Parking
- 4 spaces
Fees & taxes
- Property tax
- $5,398/yr (2025)
Estimated value range
$570K to $630K
An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.
Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.
Schools nearbyclosest is Old North Public School, 1.2 km
Elementary
- 8.4
Old North Public School
1.2 km · Grades JK-8
Thames Valley District School Board
- 8.0
St. Kateri Separate School
1.3 km · Grades JK-8
London District Catholic School Board
- 5.7
St Michael Separate School
1.7 km · Grades JK-8
London District Catholic School Board
Secondary
- 6.3
École secondaire catholique Monseigneur-Bruyère
2.5 km · Grades 9-12
Conseil scolaire de district des écolesCatholique
- 6.8
A B Lucas Secondary School
2.6 km · Grades 9-12
Thames Valley District School Board
- 8.0
London Central Secondary School
3.0 km · Grades 9-12
Thames Valley District School Board
Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.
Monthly paymentest. $3,635/mo all in
Monthly payment estimate
Land transfer tax$8,473 on closing
Ontario LTT
$8,473
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Oct 16, 2026
Sold comparables nearby
Sold7 Chalmers Street, London East
Sold960 Richmond Street, London East
See what these 6 homes sold for
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Market conditionsBalanced market in London
6 months of inventory: supply and demand are roughly balanced. Nearby, 6 sales in the last 90 days went for an average of 94.3% of asking.
Avg. sold price
$722,667
Sale-to-list ratio
94.3%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $147,000 household income
Minimum household income required
$147,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
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