Property Description
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:63357)
Property Details
- Property Type
- Detached
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,720 sqft
- Above Grade Area
- 870 sqft
- Below Grade Area
- 850 sqft
- Year Built
- 1926
- Stories
- 1.0
- Status
- Active
Location & Neighborhood
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