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.
Details
X12738398
Attached/3
$1,149,900
Vacant
None
1 + 1
1 1/2 Storey
5
3
1500-2000 Sqft
0.093 Acres
100+
Detached
Sale
Additional details
Forced Air / Gas
$3168
2025
E 30 FT LT 37 E OF RICHMOND ST LONDON
N/A
N
0.093
Unfinished
Central Air
Fenced Yard,Hospital,Public Transit,School
Municipal
Rooms
Living Room
Main Level
5.09 x 3.26
Kitchen
Main Level
3.62 x 6.5
Bedroom 5
Main Level
3.66 x 3.87
Bedroom 4
Main Level
2.96 x 3.87
Bedroom 3
Main Level
4.1 x 3.86
Bathroom
Main Level
3.11 x 3.77
Bathroom
Main Level
2.82 x 3.88
Primary Bedroom
Second Level
3.48 x 3.44
Bedroom 2
Second Level
3.24 x 3.8
Bathroom
Second Level
3.5 x 3.24
Den
Second Level
2.93 x 3.87
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FAQ
What is the total square footage of the X12738398 - 247 Victoria Street, London East, ON N6A 2C3?
The total square footage of this property is 1500-2000 SqFt.
What schools near to X12738398 - 247 Victoria Street, London East, ON N6A 2C3?