447 CASTLEGROVE COURT N

London North (North K), ON N6G1L2

This well-maintained 4-level back split, built in 1974, presents an exceptional investment opportunity just minutes from Western University. Residential Rental Unit Licence in place until June 2026 and constructed of solid brick and featuring an attached garage, this property has been carefully cared for by its current owners and offers both durability and long-term value.With 6 legal bedrooms, the home is ideally suited for student rental or multi-tenant living, generating an impressive potential income of up to $38,750 per year. Its functional layout provides ample living space with, including 2 kitchen areas, making it attractive to tenants seeking comfort and convenience near campus.Income properties at this price point are becoming increasingly scarce. Whether you're expanding your portfolio or entering the market, this is a fantastic opportunity you won't want to miss. (id:31684)

Listing courtesy of: MICHAEL VANDERVLOET of THRIVE REALTY GROUP INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.