$639,900 - 236 Bernard Avenue, London East
Detached for Sale in London East
Popular ListingNeighbourhood: East B
- MLS Number
- X13499950
- Property Type
- Detached
- Status
- active
- Days on Site
- 8
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- London East
- Listing Brokerage
- BLUE FOREST REALTY INC.
Attention investors and Western University parents! This well-maintained property offers an unbeatable location just a 5-minute walk to the gates of Western University and King's University College, making it an excellent opportunity for student housing or a long-term investment. It's also conveniently located near public transit, University Hospital, Masonville Place, shopping, restaurants, and everyday amenities.The bright and functional layout features 5 bedrooms and 2 full bathrooms, providing plenty of space for students or a growing family. The main floor offers a welcoming sunroom, a spacious living room, a kitchen with a peninsula and ample cabinetry, three bedrooms, and a full bathroom. The finished lower level includes two additional bedrooms, a second full bathroom, and a large utility room with plenty of storage space.Outside, enjoy a generous backyard and a private driveway with parking for 3 to 4 vehicles, a valuable feature in this highly sought-after neighbourhood.An exceptional turnkey investment, the property is currently tenanted until May 2027, providing immediate rental income and peace of mind for investors. Some updates include, eavestroughs with gutter guard 2025, Range hood and Stove 2024, dryer 2026, basement toilet 2025, vinyl floors in sunroom 2024.
Estimate your monthly payments for this property
Estimated Payment
$3,283.02/mo
Includes CMHC insurance ($17,853)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover East B
East B is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in East B
- •Convenient location in London East
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
East B offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
236 Bernard Avenue, London East
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $914/sqft, this property is priced in line with current London East market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Detached Home Advantages
Detached homes in London East are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in London East.
About East B
I know East B well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: London East properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,666 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.