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Price Change$614,900

215 Bernard Avenue

East B, London East

$597,000

Detached|Bungalow
2 | 2 | 3
About this home

Attention investors, parents of university students, and young families! Welcome to 215 Bernard Avenue, a well-located bungalow in desirable North London just a short walk to Western University and King's University College. Previously operated as a student rental, this property offers flexibility, strong rental appeal, and plenty of space for a variety of living arrangements.Featuring approximately 1,598 sq ft of finished living space, the home offers a practical semi open-concept layout with high ceilings and plenty of natural light throughout. The main floor includes a spacious kitchen with direct access to the backyard deck, a comfortable living room, two bedrooms, a 4-piece bathroom, and a front den that can easily serve as a study, office, or additional lounge area. The basement includes two more bedrooms, a full 3-piece bathroom, a den, and laundry area, providing added functionality for larger families or student tenants.Step outside to enjoy the private backyard, spacious deck, and long driveway with parking for up to three vehicles. Located close to bus routes, Masonville Mall, downtown London, restaurants, grocery stores, and everyday amenities, this property is ideally situated for convenience and future potential.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$4,476
Lot Size33.05 ft x 126.07 ft
mls© NumberX13494912
Listed ByCENTURY 21 FIRST CANADIAN CORP

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,056
Property tax
$373
Heat allowance
$150
Housing costs
$3,579 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $119,400
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,512 / mo
Cash down
$119,400

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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