Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
1 / 0
Listed 2 months ago

274 Tamblyn Drive

North K, London North

$749,000

Detached|Bungalow
2 | 2 | 6
About this home

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+.

Extras

No extras listed.

Visit this home

Pick a time that works for you.

No upcoming open houses.

Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$5,112
Lot Size30.56 metres x 44.27 metres
mls© NumberX13539554
Listed ByRE/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.

Down payment20% · $149,800
25-yr amortization

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 check

Investment Analysis

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

Values and trends

Nearby listings

Comparable sales

  • No similar listings found.