$1,299,900
290 HURON STREET
Beds
11
Baths
6.1
Sqft
—
Year
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Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Stop searching. This is the one.Nestled in the heart of Old North - one of London's most coveted and consistently high-demand neighbourhoods - this 11-bedroom, 5-bathroom income property delivers exactly what serious investors are looking for: stability, scale, and zero headaches.One cheque. Every month. That's it.Currently leased to a reputable organization under long-term agreements, this property offers the kind of reliable, institutional-grade tenancy that lets you sleep at night. No chasing rent. No turnover chaos. Just consistent cash flow from a fully occupied, professionally maintained asset.The current owner has spared no expense - a newly added basement kitchen expands the property's multi-unit versatility, while thoughtful upgrades throughout reflect a genuine commitment to long-term quality. This isn't a flip. This is a property that's been cared for.And the location? Steps from Western University, in a neighbourhood where rental demand never sleeps - drawing students, medical residents, professionals, and institutional tenants year-round. Fully licensed with the City of London - compliance handled, peace of mind included. Turnkey operation - upgraded, tenanted, and income-producing from day one. Prime Old North address -character, curb appeal, and enduring desirability. Whether you're expanding your portfolio or planting your flag in one of Ontario's strongest university markets, this is the asset that checks every box.Opportunities like this don't wait. Neither should you. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- East B
- Common interest
- Freehold
- Lot dimensions
- 81.5 x 114.3 FT
- Bedrooms
- 11 above grade
- Parking
- 8 total
- Stories
- 3
- On market
- Apr 8, 2026
- Status changed
- Apr 13, 2026
- Annual tax
- $14,384 (2026)
- Zoning
- R1-5(3)
- Photos
- 34
- MLS#
- X12972802
- Area
- LONDON_EAST_(EAST_B)
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Cash on cash
-11.56%
Cap rate
3.58%
GRM
16.7
Break-even rent
$9,137
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for London East (East B). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.