










274 Tamblyn Drive
North K, London North
$749,000
Exceptional Opportunity Just Steps From Western University! Whether You're An Investor, Parent Looking To Invest While Your Student Attends University, Or A Buyer Seeking A Home With Excellent Income Potential, This Beautifully Maintained Property Offers Outstanding Flexibility. Featuring Two Self-Contained Living Spaces, Each With 2 Bedrooms And 1 Bathroom, This Turnkey Home Provides Multiple Options For Owner Occupancy Or Investment. Currently Generating Approximately $900 Per Bedroom (Utilities Included), With Existing Tenants In Place Until April 2027, It Offers Immediate Income And Future Flexibility. Beautifully Updated Throughout With Carpet-Free Flooring In The Main Unit, Modern Kitchens Featuring Quartz Countertops, And Large Windows That Fill The Home With Natural Light. All High-Quality Furnishings Are Included, Making This A True Turnkey Opportunity. Outside, Enjoy A Fully Fenced Backyard Complete With A Spacious Deck, Top Of The Line Cedar Log Storage Shed, And A Double-Car Garage. Situated On A Desirable Corner Lot With No Sidewalk To Maintain, And Just Minutes To Western University, Transit, Shopping, Restaurants, And Everyday Amenities, This Is A Rare Opportunity To Own A Move-In-Ready Property In One London's Most Sought-After Rental Locations. 3 Units Are Currently Rented, With The Owner Using The 4th. Other Room Could Also Be Rented For $900+.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,112 |
| Lot Size | 30.56 metres x 44.27 metres |
| mls© Number | X13539554 |
| Listed By | RE/MAX WEST REALTY INC. |
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%
- $3,834
- Property tax
- $426
- Heat allowance
- $150
- Housing costs
- $4,410 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$136,000
gross annual household income
- Payment at 4%
- $3,152 / mo
- Cash down
- $149,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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