244 Edinburgh Street, London North, ON N6H 1M3
North N, London North · Near Riverside Dr · View map
About this home
INVESTORS, RUN THE NUMBERS ON THIS ONE. Offered at $459,999, 244 Edinburgh has 5 bedrooms with potential rents of approximately $750 per room, putting potential gross rental income at $3,750 per month or $45,000 per year.For an investor looking for a student rental, the combination of price, bedroom count and location makes this one worth a serious look. With Western students as a natural tenant pool and convenient access to transit and everyday amenities, the property is well positioned for the student rental market.It's also an interesting option for parents with a child attending Western. Instead of paying rent for the next several years, consider owning the property, giving your student a place to live and renting the remaining bedrooms to help offset the carrying costs.At the asking price, the projected $45,000 in annual gross rent represents approximately a 9.8% gross yield before expenses.Five bedrooms. $3,750 in potential monthly rent. $459,999 asking price.If you've been looking for a London investment property where the numbers actually give you something to work with, 244 Edinburgh is it.
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 700-1100 sq ft
- Bedrooms
- 2
- Basement bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 4
- Basement
- Full, Finished
- Lot size
- 33 x 127 ft
- Faces
- South
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
- Parking features
- Private Double
Taxes & other
- Property taxes
- $3,229/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- Riverside Dr
- Neighbourhood
- North N
More
- Price per sq ft
- ~$511 (at 900 sq ft)
- Listed
- Aug 28, 2026 · 45 days ago
- MLS® number
- X13723076
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The home and its surroundings
- Carpet Free
- In-Law Capability
- Primary Bedroom - Main Floor
- Ventilation System
- Water Heater
- Water Heater Owned
- Water Meter
- Patio
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
244 Edinburgh Street, London North, ON N6H 1M3
North N, London North · Near Riverside Dr
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Listing history for 244 Edinburgh Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 244 Edinburgh Street
Answers come straight from this home’s MLS® listing.
How much is 244 Edinburgh Street listed for, and what would it cost each month?
244 Edinburgh Street is listed for $459,999. With 20% down ($92,000), the mortgage payment would be roughly $1,856 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,125 a month, all in. That figure is an illustration, not a quote.
Is 244 Edinburgh Street freehold or a condo, and is there a monthly fee?
244 Edinburgh Street is a bungalow in North N, London North. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 244 Edinburgh Street have?
244 Edinburgh Street has 2 bedrooms, plus 3 more bedrooms in the basement, and 2 bathrooms.
Does 244 Edinburgh Street have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 244 Edinburgh Street have a finished basement?
The listing describes the basement as full, finished. It counts 3 bedrooms on that level. Finished basement space is usually not counted in the square footage shown.
What style of home is 244 Edinburgh Street?
244 Edinburgh Street is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.
How big is 244 Edinburgh Street, and what is the lot size?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 33 x 127 ft.
How is 244 Edinburgh Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 244 Edinburgh Street?
Property taxes are $3,229 a year (2026), or about $269 a month.
Where is 244 Edinburgh Street?
244 Edinburgh Street is in the North N community of London North. The nearest main intersection is Riverside Dr. The postal code is N6H 1M3.
How long has 244 Edinburgh Street been on the market?
244 Edinburgh Street was listed on August 28, 2026. It has been on the market for 45 days. It is an active listing (MLS® X13723076). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 244 Edinburgh Street asking?
Similar bungalow-style homes for sale nearby right now include 9 FORWARD Avenue at $499,000 (2+1 bed), 45 - 1241 Beaverbrook Avenue at $499,900 (2+1 bed) and 72 - 1241 Beaverbrook Avenue at $499,900 (2+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 244 Edinburgh Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 244 Edinburgh Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near North N, picked by style, size and price.
Bungalow$499,0009 FORWARD Avenue, London North2+1 bed · 2 bath · North NCourtesy of: SUTTON-HEADWATERS REALTY INC.View home →
Condo bungalow$499,90045 - 1241 Beaverbrook Avenue, London North2+1 bed · 3 bath · North NCourtesy of: KELLER WILLIAMS LIFESTYLESView home →
Condo bungalow$499,90072 - 1241 Beaverbrook Avenue, London North2+2 bed · 3 bath · North NCourtesy of: PC275 REALTY INC.View home →Courtesy of: CENTURY 21 FIRST CANADIAN CORP
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*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.