
802 WATERLOO Street
London, Ontario
6 bed • 3 bath • Single Family
Rare Investment Opportunity: Legal 6-Bedroom Licensed Student Rental. Step into a turn-key investment with this stunning yellow brick century home. Perfectly situated and fully licensed with the city, this rare 6-bedroom property offers the ideal blend of historic charm and modern functionality. Whether you are looking to expand your portfolio or start strong, this house is a standout in the student rental market. Interior Highlights includes spacious living: A unique layout featuring two separate common living rooms-one on the main floor and one in the finished basement-plus an additional sun-filled common room overlooking the backyard. Sun-Drenched Bedrooms: Oversized windows throughout flood the home with natural light. The upstairs includes a standout bedroom with its own private walkout and deck. A large, spacious eat-in kitchen serves as the heart of the home, perfect for group living. Finished Basement with separate entrance: Features a large recreation room, laundry room, and an additional bedroom, providing a perfect separate zone for tenants. Major Updates & Exterior: Peace of Mind: Significant capital improvements include a new main sewer line, new front steps, and the replacement of most main floor and upstairs windows. Outdoor Oasis: A sliding door leads to a wrap-around deck and a beautiful, private backyard filled with perennial gardens. Storage: A solid 8x12 shed in the backyard provides ample storage for tenants. Current Status: One reliable, long-term tenant remains, with the other five bedrooms vacant and ready for you to set your own market rents! Don't miss out on this rare, licensed, and updated yellow brick gem. This property is built for performance and longevity!
Price History
Schools
Elementary
- St Georges Public School0.1 km
Public · Thames Valley DSB · 275 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 81% met the provincial standard
- St Michael Separate School0.7 km
Catholic · London District Catholic School Board · 425 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 53% met the provincial standard
- Old North Public School0.7 km
Public · Thames Valley DSB · 465 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 86% met the provincial standard
Secondary
- London Central Secondary School1.1 km
Public · Thames Valley DSB · 955 students
Grade 10 literacy: 91% met the provincial standard
- Catholic Central High School1.5 km
Catholic · London District Catholic School Board · 1310 students
Grade 10 literacy: 89% met the provincial standard
- H B Beal Secondary School1.7 km
Public · Thames Valley DSB · 1525 students
Grade 10 literacy: 79% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N6A
- Population
- 13,810
- Private dwellings
- 9,768
- Median age
- 34
- Average household size
- 1.8
- Median household income
- $61,200
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in London · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of single family properties in London over the last 12 months.
Location
Mortgage Calculator
$129,980
Estimated Monthly Payment
$3,193
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,193/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $162/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?