4 Bedroom
2 Bathroom
1,720 ft2
Bungalow
Forced Air, Heat Pump
Landscaped
$569,900
OPEN HOUSE This Saturday 10am - Noon. Vacant TURNKEY, Cash-Positive LEGAL Student Rental Steps from Western! Welcome to 4 McDonald Ave — a City of London legally licensed 4-bedroom bungalow in one of Western University’s most reliable student rental pockets. Located on a quiet dead-end street ending at Essex Park, this is the kind of low-stress, high-demand rental investors chase. Just a short 800 metre walk to Western or hop on the major transit route at Wharncliffe at the end of the street — unbeatable convenience for students. Strong Income Potential. Currently achieving approximately $850 / room x 4 bedrooms = $3,400/month, with current tenants paying utilities — delivering excellent cash flow in a proven student market where this home has been rented successfully for years. Major Capital Updates = Low Maintenance Ownership: Newer windows, High-efficiency furnace, Central air, Roof replaced 2018 and a Brand new heat pump (2025) for added efficiency Investor-Friendly Layout: • 4 spacious bedrooms • Private lower-level walk-down entrance (ideal for safety & tenant separation) • Parking for 4 vehicles (potential for 5) • Easy-care exterior and lot. This is a must-see in person. The condition and layout will not disappoint. Location. Cash Flow. Low Maintenance. Legal License. A rare combination near Western University. (id:50976)
Open House
This property has open houses!
Starts at:
10:00 am
Ends at:
11:59 am
Come enter our draw for a $200 gift card giveaway!
Property Details
|
MLS® Number
|
40799629 |
|
Property Type
|
Single Family |
|
Amenities Near By
|
Airport, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
|
Community Features
|
Community Centre, School Bus |
|
Features
|
Cul-de-sac, Paved Driveway |
|
Parking Space Total
|
5 |
|
Structure
|
Porch |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
2 |
|
Bedrooms Below Ground
|
2 |
|
Bedrooms Total
|
4 |
|
Appliances
|
Dryer, Refrigerator, Stove, Washer |
|
Architectural Style
|
Bungalow |
|
Basement Development
|
Finished |
|
Basement Type
|
Full (finished) |
|
Constructed Date
|
1926 |
|
Construction Style Attachment
|
Detached |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air, Heat Pump |
|
Stories Total
|
1 |
|
Size Interior
|
1,720 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Land
|
Access Type
|
Road Access, Highway Nearby |
|
Acreage
|
No |
|
Land Amenities
|
Airport, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
|
Landscape Features
|
Landscaped |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
80 Ft |
|
Size Frontage
|
40 Ft |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
R2-3(2) |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Lower Level |
4pc Bathroom |
|
|
Measurements not available |
|
Lower Level |
Bedroom |
|
|
13'3'' x 9'7'' |
|
Lower Level |
Bedroom |
|
|
22'3'' x 9'0'' |
|
Main Level |
4pc Bathroom |
|
|
Measurements not available |
|
Main Level |
Bedroom |
|
|
9'4'' x 8'9'' |
|
Main Level |
Bedroom |
|
|
10'0'' x 9'2'' |
|
Main Level |
Kitchen |
|
|
11'5'' x 10'3'' |
|
Main Level |
Dining Room |
|
|
9'0'' x 8'0'' |
|
Main Level |
Living Room |
|
|
14'0'' x 11'5'' |
Utilities
https://www.realtor.ca/real-estate/29272195/4-mcdonald-avenue-london
