$569,900
4.78 BTC
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Map
4 Mcdonald Avenue, London
$569,900
PRICE
4
BEDROOMS
2
BATHROOMS
X12715296
MLSID

4 Mcdonald Avenue, London

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.
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Summary

Address
4 Mcdonald Avenue
City
Community
MLSID
X12715296
Property Type
Detached
Property Category
Bedrooms
4
Bathrooms
2
Kitchens
1
Zoning
R2-3(2)
Taxes (Annual)
$3,872.00
Tax Year
2025
Published
January 20, 2026
Days on Market
8 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

Fridge, Stove, Washer , Dryer.

Details

Property Features
Cul de Sac/Dead End, Hospital, Library, Park, Public Transit, School
Basement
Full, Separate Entrance, Walk-Up
Exterior Features
Deck, Porch, Year Round Living
Interior Features
Floor Drain, In-Law Capability, Water Heater
Parking Spaces
5
Parking Total
5
Parking Features
Tandem
Architectural Style
Bungalow
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
40 Feet
Lot Depth
80 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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