Living (5.97 × 3.3)
Level: Main
244 Edinburgh St
North N, London North, Ontario N6H 1M3
Description
INVESTORS, RUN THE NUMBERS ON THIS ONE. Offered at $459,999, 244 Edinburgh has 5 bedrooms with potential rents of approximately $750 per room, putting potential gross rental income at $3,750 per month or $45,000 per year.For an investor looking for a student rental, the combination of price, bedroom count and location makes this one worth a serious look. With Western students as a natural tenant pool and convenient access to transit and everyday amenities, the property is well positioned for the student rental market.It's also an interesting option for parents with a child attending Western. Instead of paying rent for the next several years, consider owning the property, giving your student a place to live and renting the remaining bedrooms to help offset the carrying costs.At the asking price, the projected $45,000 in annual gross rent represents approximately a 9.8% gross yield before expenses.Five bedrooms. $3,750 in potential monthly rent. $459,999 asking price.If you've been looking for a London investment property where the numbers actually give you something to work with, 244 Edinburgh is it.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13723076
- Board
- TRREB MLS®
- Days on market
- Tax
- $3,229
- Size
- 700-1100 sqft
- Lot
- 33 × 127.02 Feet
- Parking
- None, 4 Parking
Listing History
Buy/Sell history for 244 Edinburgh St, London North, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $459,999 | N/A | For Sale | X13723076 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- North N
- Municipality
- London North
Inside
- Bedrooms
- 2+3
- Bathrooms
- 2
- Bathroom Detail
- 1, 4pc, Main
- Bathroom Detail
- 1, 3pc, Lower
- Basement Type
- Full
- Kitchens
- 1
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Building
- Size
- 700-1100 sqft
- Construction
- Vinyl Siding
Parking
- Driveway
- Pvt Double
- Garage Type
- None
- Add. Parking
- 4
- Total Parking
- 4
Land
- Sewer
- Sewers
- Lot Size
- 33 × 127.02 Feet
- Lot Size Code
- Feet
Additional
- Year built
- 51-99
- Foundation
- Concrete
- Roof
- Metal
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
- Extras
- Fridge, Stove, Washer & Dryer
Rooms (8)
Kitchen (2.36 × 2.97)
Level: Main
Primary (3.94 × 3.3)
Level: Main
Br (2.9 × 2.77)
Level: Main
2nd Br (4.09 × 2.39)
Level: Lower
3rd Br (2.95 × 2.54)
Level: Lower
4th Br (3.45 × 2.49)
Level: Lower
Utility (3.25 × 3.81)
Combined W/Laundry
Level: Lower
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
13 records read 6 on record nearby 7 checked, none on recordRead 2026-10-28
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m6 test or monitoring holes also recorded.
- Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (44 records). It changes with the season and from spot to spot.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
Province of Ontario open data
Around the home
- Nearest rail line: 800 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Corporation of the City of London — Greenway Pollution Control Centre, 1.5 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by London Hydro Inc.
- Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, NFTC, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$2,109
- Down payment$92,000
- Mortgage amount$367,999
- Total interest$264,701
- Total cost$724,700
Cash flow analysis
$2,109
Total monthly payment
$2,378
Break-even down payment
100%
Cash flow-$2,378
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$459,999
$459,999
CAD
Estimated market value
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