$1,149,900
10.32 BTC
Photos
247 Victoria Street, London
$1,149,900
PRICE
5
BEDROOMS
3
BATHROOMS
X12738398
MLSID

247 Victoria Street, London

Stop chasing contractors and start collecting cheques with this fully stabilized, high-yield luxury property. In an environment often limited to value-add projects and high-maintenance buildings, 247 Victoria St. stands alone as a premier investment vehicle grossing $79,500.00 per year. This is the ultimate "set-and-forget" asset for the sophisticated buyer, featuring a signed 2-year lease at $6,625.00/month beginning May 2026. Located in the heart of prestigious Old North, this home is perfectly positioned to capture the highest tier of the rental market, just steps from St. Joseph's Hospital and minutes from Western University and Fanshawe's downtown campus. Forget the burden of high condo fees and thin walls; this is five bedrooms of meticulously re-modeled luxury designed for zero capital expenditure for years to come. Every detail of this renovation has been handled with precision, from the waterproofed basement and ample garage storage to the rare 3-car driveway, a massive competitive advantage in this historic pocket. Residents enjoy the perfect balance of a peaceful residential setting and immediate proximity to the transit, cafes, and nightlife of Richmond Row. This is a rare opportunity to acquire a stabilized, low-overhead asset in London's most desirable rental corridor. If you are looking to add immediate, premium cash flow to your portfolio without the traditional landlord headaches, look no further. Investment opportunities of this caliber are a rarity in the current market. Book your private showing today and secure your position in the top 1% of the London rental market.
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Summary

Address
247 Victoria Street
City
Community
MLSID
X12738398
Property Type
Detached
Property Category
Bedrooms
5
Bathrooms
3
Kitchens
1
Taxes (Annual)
$3,168.00
Tax Year
2025
Published
January 29, 2026
Days on Market
1 Days
Possession Type
Immediate
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Inclusions

3 Bar stools, TV in living room, Sectional couch in living room, Window coverings, Washer/dryer, 2 Refrigerators, Stove, Dishwasher, Owned on demand HW heater

Details

Property Features
Fenced Yard, Hospital, Public Transit, School
Security Features
Carbon Monoxide Detectors
Bathroom 1
3-Piece Main Level
Bathroom 2
3-Piece Second Level
Basement
Unfinished
Interior Features
Auto Garage Door Remote, Floor Drain, On Demand Water Heater, Water Heater Owned
Parking Spaces
3
Parking Total
3
Parking Features
Private
Architectural Style
1 1/2 Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Size
0 Acres
Lot Width
30 Feet
Lot Depth
132 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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