232 Bernard Avenue , London East
Excellent Turn-Key Investment Opportunity Walking Distance to Western University! Welcome to this solid, income-generating brick home located on a quiet, tree-lined street just minutes from the University of Western Ontario. This spacious 5 bedroom plus den, 3 bathroom property is fully leased to 6 students at $925 inclusive/month each, generating a strong monthly rental income of $5,550, with leases in place through May 2026, and it holds a rental license through the City of London - perfect for investors seeking long-term, stable cash flow. Inside, you'll find a well-maintained home with numerous updates, including new windows (2019), updated electrical, new roof, and new laminate flooring in the kitchen. The main and upper levels feature classic hardwood flooring throughout, offering both character and durability. The oversized eat-in kitchen is well-equipped with two fridges and a freezer to accommodate shared student living. The detached garage offers additional storage options. This is a fantastic opportunity to secure a low-maintenance, fully rented investment property in one of Londons most desirable student rental locations. Whether you're a seasoned investor or just getting started, this property offers strong financials, great location, and peace of mind with solid leases in place.
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232 Bernard Avenue, London East, ON N6A 2M8
Source: Ontario school information and student demographics - grade 3 and 6 EQAO student achievements for reading, writing and mathematics, grade 9 EQAO academic and applied student achievements, grade 10 OSSLT student achievement | Open Government Licence - Ontario
Disclaimer: The property is not necessarily in the boundary of the schools shown above. There may be other, closer schools available that are not listed in the source, or the property can be in the boundary of farther schools that are not shown on this map. This tool is designed to provide the viewer an overview of the ratings of nearby public schools, and does not suggest association to school boundaries. To view all schools and boundaries please visit the respective district school board's website.
For further information and school ranking visit Fraser Institution and EQAO.
Based on last 90 days transactions for Detached Properties in the East B community.
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232 Bernard Avenue is a Residential Property located in the city of London East. 232 Bernard Avenue has been listed For Sale at $849,000 since May 14 2025. This Detached has 6 bedrooms, 3 bathrooms and is 2000-2500 sqft. Situated in East B neighbourhood , with the nearest intersection being Richmond Street.
Listing Brokerage: BLUE FOREST REALTY INC.