Open House this Saturday 12 Noon - 2 pm. Live one level, rent the other - a true mortgage helper near Western. Vacant, TURNKEY, Cash-Positive LEGAL student bungalow - ideal for investors or parents buying for a Western student. Welcome to 4 McDonald Ave, a City of London licensed 4-bedroom bungalow in one of the most reliable student rental pockets near Western University. Located on a quiet dead-end street ending at Essex Park, this is a proven, low-stress rental opportunity. Smart layout = flexibility. Live on one level and rent the other, or fully rent the home. Private lower-level walk-down entrance allows for excellent separation and safety - a powerful mortgage helper. Unbeatable location. Approx. 800-metre walk to Western, or quick access to major transit on Wharncliffe at the end of the street. Strong, proven income. Rented for $850 per room x 4 = $3,400/month + tenants pay utilities - excellent cash flow in a high-demand student market. Low-maintenance ownership with major updates: Some newer windows High-efficiency furnace Central air Roof (2018) Brand-new heat pump (2025). Investor-friendly features: 4 bedrooms Parking for 4 vehicles (potential 5) Easy-care exterior and lot. Location. Income. Legal license. Condition. A rare combination steps from Western - must be seen in person. See you at the open House this Saturday 12 Noon - 2 pm. Come enter the GIFT CARD GIVEAWAY!
Under Contract:
Hot Water Tank-Gas
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Approx. Age:
100+
Total Approx Floor Area:
700-1100
Lot Depth:
80'2"24.4 m
Lot Frontage:
40'1¼"12.2 m
Lot Shape:
Rectangular
Topography:
Flat
Direction Faces:
South
Bedrooms:
4
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
4
Kitchens Above Grade:
1
Rooms Above Grade:
9
Fractional Ownership:
No
Zoning:
R2-3(2)
Assignment:
No
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Poured Concrete
Roof:
Asphalt Shingle
Basement:
Full, Separate Entrance, Walk-Up
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Tandem
Parking Spaces:
5
Total Parking Spaces:
5.0
Family Room:
No
Possession Details:
FLEXIBLE
Lot Irregularities:
40.10 ' x 80.20' x 40.10' x 80.20'
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment:
$231,000
Assessment Year:
2025
Development Charges Paid:
Unknown
Taxes:
$3,872 /
2025
Assessment:
$231,000.00 /
2025
Middlesex
London North
North K
Cul de Sac/Dead End, Hospital, Library, Park, Public Transit, School
Data was last updated February 12, 2026 at 11:15 PM (UTC)
Area Statistics
Listings on market:
266
Avg list price:
$889,000
Min list price:
$379,999
Max list price:
$3,599,000
Avg days on market:
59
Min days on market:
1
Max days on market:
729
These statistics are generated based on the current listing's property type
and located in
London North. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.