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East B, London East
$597,000
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $4,476 |
| Lot Size | 33.05 ft x 126.07 ft |
| mls© Number | X13494912 |
| Listed By | CENTURY 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.
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 checkInvestment Analysis
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