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50 IRWIN Street in London North for sale

Asking price
$1,197,000
Estimate (Sep 10)
$1,159,155
MLS #:
X13769512
Type:
Multiplex, 2-Storey
Approx. SQFT:
3000-3500
Basement:
Full
8+3 8+3
2 48.8 x 117 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 New N/A N/A N/A
PRIME WESTERN UNIVERSITY LOCATION! 50 Irwin Street is a turnkey legal 5-unit residential multiplex featuring a high-density 11-bedroom layout directly adjacent to Western University. Offered at an attractive 7.0% Cap Rate, the property delivers excellent Gross Operating Income and a 1.60 Debt Coverage Ratio, supported by strong student rental demand and supplemental coin laundry income. Additional income potential exists through the detached garage. Fully tenanted and designed for efficient ownership, and includes separate hydro metering and five dedicated parking spots. This is a compelling opportunity to acquire a cash-flowing asset in London's premier academic rental corridor, offering immediate income, strong debt coverage, and long-term appreciation potential.

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  • Date Listed: Thursday, September 10, 2026
  • Listing Brokerage: Rock Star Real Estate Inc., Brokerage - Disclaimer: The information contained in this listing has not been verified by Rock Star Real Estate Inc., Brokerage and should be verified by the buyer.
  • City: London North

    More 8 bedrooms homes for sale in London North

  • Neighbourhood: North K
  • Major Intersection: Wharncliffe Rd N & Oxford St W
  • Full Address: 50 IRWIN Street, London North, N5G 1C8, Canada, ON, Canada
  • Amenities:
  • Taxes: $11,571.64 (2026)

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