15 Charles Street
North N, London North
$574,900
Turnkey, fully licensed bungalow offering 5 furnished bedrooms, 2 full bathrooms, and a partially finished basement with a recreation area. Situated on a large lot in a demand student area near Western University. All 5 rooms currently rented to students on 1-year leasesImmediate cash flow: $3,750/month. Buyer may assume all tenants.Fully furnished and currently for student rental. Steps to major transit routes, shopping, groceries, and Western University-ensuring consistent year-round demand. 480 sq. ft. extension added beyond the original building footprint.
No extras listed.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,455 |
| Lot Size | 47.12 ft x 160.58 ft |
| mls© Number | X13680646 |
| Listed By | HOMELIFE/FUTURE 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%
- $2,943
- Property tax
- $371
- Heat allowance
- $150
- Housing costs
- $3,464 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$107,000
gross annual household income
- Payment at 4%
- $2,419 / mo
- Cash down
- $114,980
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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