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:15069)
| 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 |
| 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 |
| 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) |
| 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'' |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/29272195/4-mcdonald-avenue-london
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