Gurvinder Nokwal REALTOR®
For Sale Detached 2 days on market

$599,900

Est. payment $2,656/moCalculate yours

220 Bernard Avenue, London East, ON N6A 2M8

East, London, ON N6A 2M8

  • 5 Beds
  • 3 Baths
  • 1 Garage
  • 1,100 Sq Ft
Map

Listing courtesy of SUTTON GROUP PREFERRED REALTY INC. MLS® X14087654

About this home

Currently rented for $4,250/month through April 30, 2027! This well-located student rental at 220 Bernard Ave offers investors an opportunity to purchase an income-producing property near Western University with a tenant already in place.This solid brick 1.5-storey home features 5 bedrooms plus a den, 3 bathrooms and a single-car garage, providing plenty of space for a student household. The property is conveniently located close to Western University, with easy access to transit, shopping, restaurants and other amenities.The functional layout offers multiple living spaces and bedrooms, while the 1.5-storey design adds character and flexibility. The single-car garage provides valuable parking and storage.With current rental income of $4,250/month and the existing lease secured until April 30, 2027, this is an opportunity to add a turnkey student rental to your portfolio with income already in place. A great location, established rental history and strong proximity to Western make 220 Bernard Ave worth a look.

Property details

Overview

Property Type
Detached
Style
1 1/2 Storey
For
For Sale
Status
New
Size
1,100 sqft

Interior

Bedrooms
5
Bathrooms
3
Kitchens
1
Basement
Finished, Full

Building & Systems

Heating
Forced Air (Gas)
Cooling
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
40 x 125 Feet
Parking
Detached garage · 4 total
Zoning
R1-5

Financial

Property Taxes
$5,398 (2025)

Location

Neighbourhood
East
Cross Street
Richmond
Direction Faces
North

Listing

MLS® Number
X14087654
Days on Market
2
Listed On
2026-10-16
Possession
Flexible
Listed By
SUTTON GROUP PREFERRED REALTY INC.

Rooms

Room Level Dimensions
Bedroom 2 Second 11′ 7″ × 10′ 2″
Bedroom 4 Basement 10′ 8″ × 10′ 3″
Bedroom 3 Second 11′ 7″ × 10′ 2″
Bedroom 5 Basement 10′ 8″ × 10′ 3″
Living Room Main 17′ 7″ × 11′ 3″
Bedroom Main 10′ 6″ × 11′ 3″
Kitchen Main 11′ 3″ × 11′ 3″

Features

Interior

  • Storage

Pool

  • None
Included
Fridge, stove, washer, dryer, all as-is
Excluded
Tenants belongings
Rental items
Water Heater

Mortgage calculator

Minimum for this price: $34,990 (5.83%)

Amortization, years

Estimated mortgage payment

$2,656 per month

Principal and interest
$2,656
Property tax
$450
Estimated monthly cost
$3,106

Your mortgage

Mortgage amount
$479,920
Mortgage insurance
Not needed
Interest over 25 years
$316,948

Cash to close

Down payment
$119,980
Land transfer tax
$8,473
Total, before legal fees
$128,453
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

220 Bernard Avenue, London East, ON N6A 2M8 East, London, ON N6A 2M8
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$599,900 220 Bernard Avenue, London East, ON N6A 2M8
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