The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Looking for a high-demand licensed, student rental near Western University or a smart live-and-rent investment in London? This one checks every box. Welcome to 2 Ruskin Court, a versatile income-generating property perfectly positioned just minutes from Western University. This well-maintained 3-level back-split offers 4 bedrooms, 2 bathrooms, and a self-contained 1-bedroom suite, making it ideal for investors, house hackers, or families looking to offset their mortgage with rental income. Set on a quiet court in a highly desirable rental pocket, this home features consistent tenancy history with strong demand from students and young professionals. The layout provides excellent separation of space, maximizing privacy and rental flexibility.Recent updates include a brand new roof, while the efficient boiler heating system ensures reliable comfort year-round. Outside, the oversized double-wide driveway accommodates up to 6 vehicles, a rare and valuable feature for student housing.Location is everything. Enjoy easy access to public transit, shopping, restaurants, and everyday essentials, all within minutes. The proximity to campus makes this a top choice for renters, helping ensure low vacancy and stable income potential.Whether you're building your portfolio or stepping into your first investment, this is a proven income property in one of London's most reliable rental corridors.
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Age Groups
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Owners vs Renters
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
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Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,071/mo
Mortgage (principal + interest)$2,618
Property taxFrom listing: $5,432/yr$453
Minimum $44,990 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$139,980
Ontario land transfer taxProvincial brackets, no first-time refund$10,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$153,253
First-time buyers can get up to $4,000 back on Ontario land transfer tax. London North has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
