This well-maintained 4-level back split, built in 1974, presents an exceptional investment opportunity just minutes from Western University. Residential Rental Unit Licence in place until June 2026 and constructed of solid brick and featuring an attached garage, this property has been carefully cared for by its current owners and offers both durability and long-term value.With 6 legal bedrooms, the home is ideally suited for student rental or multi-tenant living, generating an impressive potential income of up to $38,750 per year. Its functional layout provides ample living space with, including 2 kitchen areas, making it attractive to tenants seeking comfort and convenience near campus.Income properties at this price point are becoming increasingly scarce. Whether you're expanding your portfolio or entering the market, this is a fantastic opportunity you won't want to miss.
447 Castlegrove Court N
North K, London North, Middlesex $649,900Make an offer
6 Beds
2 Baths
1100-1500 sqft
Attached
Garage
Parking for 3
North Facing
Zoning: R1-6
- MLS®#:
- X13019190
- Property Type:
- Detached
- Property Style:
- Backsplit 4
- Area:
- Middlesex
- Community:
- North K
- Taxes:
- $5,543.95 / 2025
- Added:
- April 20 2026
- Lot Frontage:
- 38.4
- Lot Depth:
- 116.26
- Status:
- Active
- Outside:
- Brick
- Year Built:
- Basement:
- Finished
- Brokerage:
- THRIVE REALTY GROUP INC.
- Lot :
-
116
38
- Lot Irregularities:
- Lot size irr.
- Intersection:
- Castlegrove Blvd, Castlegrove Crt
- Rooms:
- Bedrooms:
- 6
- Bathrooms:
- 2
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Central Air
- Heating Type:
- Forced Air
- Heating Fuel:
| Cold Room/Cantina | 4.96 x 2.15m Lower Level |
|---|---|
| Family Room | 3.14 x 6.42m Lower Level |
| Dining Room | 1.91 x 3.2m Lower Level |
| Kitchen | 2.91 x 4.41m Lower Level |
| Laundry | 2.92 x 2.51m Lower Level |
| Utility Room | 1.89 x 3.12m Lower Level |
| Foyer | 1.21 x 1.34m Main Level |
| Bedroom | 3.95 x 3.51m Main Level |
| Living Room | 3.93 x 6.39m Main Level |
| Kitchen | 3.95 x 3.41m Eat-in Kitchen Main Level |
| Primary Bedroom | 3.93 x 6.28m Second Level |
| Bedroom 2 | 3.95 x 3.32m Second Level |
| Bathroom | 1.38 x 2.16m 3 Pc Bath Second Level |
| Bedroom 4 | 3.23 x 3.08m Upper Level |
| Bedroom 5 | 3.93 x 3.11m Upper Level |
| Bedroom | 3.29 x 3.11m Upper Level |
| Bathroom | 2.38 x 2.06m 4 Pc Bath Upper Level |
Listing Details
Insights
- Strong Rental Income Potential: With 6 legal bedrooms and the ability to generate up to $38,750 per year, this property is an attractive option for investors looking for reliable cash flow, especially in proximity to Western University.
- Well-Maintained Structure: Built in 1974 and constructed of solid brick, this property has been carefully cared for, ensuring durability and long-term value for potential buyers.
- Residential Rental Unit License: The property comes with a valid rental unit license until June 2026, providing peace of mind for investors and facilitating a smooth transition into rental operations.
Sale/Lease History of 447 Castlegrove Court N
View all past sales, leases, and listings of the property at 447 Castlegrove Court N.Neighborhood Overview
Complete neighborhood profile for 447 Castlegrove Court N
North K home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in North K
Insights for 447 Castlegrove Court N
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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
