50 IRWIN STREET, London North, Ontario
$1,197,000
- 4 Beds
- 5 Baths
- 3,069 Square Feet
PRIME WESTERN UNIVERSITY LOCATION! 50 Irwin Street is a turnkey legal 5-unit residential multiplex featuring a high-density 11-bedroom layout directly adjacent to Western University. Offered at an attractive 7.0% Cap Rate, the property delivers excellent Gross Operating Income and a 1.60 Debt Coverage Ratio, supported by strong student rental demand and supplemental coin laundry income. Additional income potential exists through the detached garage. Fully tenanted and designed for efficient ownership, and includes separate hydro metering and five dedicated parking spots. This is a compelling opportunity to acquire a cash-flowing asset in London's premier academic rental corridor, offering immediate income, strong debt coverage, and long-term appreciation potential. (id:23309)
- Listing ID: X13769516
- Property Type: Multi-family
Schedule a Tour
Schedule Private Tour
Paul Busnello would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Paul Busnello, who specializes in London North real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Paul Busnello find a property to match your lifestyle.
Listing provided by Rock Star Real Estate Inc., Brokerage
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 50 IRWIN STREET in London Ontario. It was last modified on September 10th, 2026. Contact Paul Busnello to schedule a viewing or to discover other London homes for sale.
































