7 Summit Avenue London North, Ontario N6H 2G5
$659,000
Prime investment opportunity in a high-demand central location, just a short walk/direct bus to Western University. This licensed rental property offers a total total of 5 bedrooms, making it ideal for student housing.The home features a functional layout with spacious living areas, kitchen and bathrooms, and has been well maintained throughout. Situated on a generous lot with a partially fenced yard, the property also includes a detached garage/storage shed and parking for up to 3 vehicles.Currently tenanted until April 30, 2027 with occupants in place since 2023, providing stable income. Rents are below current market levels, offering significant upside potential for future revenue growth. All major appliances are included.Whether you're looking for a turnkey investment, a student rental. Located within walking distance to amenities, transit. (id:61499)
Property Details
| MLS® Number | X13004124 |
| Property Type | Single Family |
| Community Name | North N |
| ParkingSpaceTotal | 3 |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 5 |
| BedroomsTotal | 5 |
| Age | 100+ Years |
| Appliances | Water Heater, Water Meter, Dryer, Stove, Washer, Refrigerator |
| BasementDevelopment | Finished |
| BasementType | N/a (finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Aluminum Siding, Brick |
| FoundationType | Block, Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1100 - 1500 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 127 Ft ,3 In |
| SizeFrontage | 30 Ft ,3 In |
| SizeIrregular | 30.3 X 127.3 Ft |
| SizeTotalText | 30.3 X 127.3 Ft |
| ZoningDescription | R2-2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.43 m | 3.33 m | 3.43 m x 3.33 m |
| Second Level | Bedroom 2 | 3.23 m | 3.84 m | 3.23 m x 3.84 m |
| Second Level | Bedroom 3 | 3.05 m | 4.52 m | 3.05 m x 4.52 m |
| Basement | Bedroom 5 | 2.84 m | 5 m | 2.84 m x 5 m |
| Basement | Laundry Room | 2.59 m | 1.37 m | 2.59 m x 1.37 m |
| Main Level | Bedroom 4 | 3.05 m | 4.11 m | 3.05 m x 4.11 m |
| Main Level | Living Room | 5.59 m | 4.04 m | 5.59 m x 4.04 m |
| Main Level | Dining Room | 3.4 m | 2.44 m | 3.4 m x 2.44 m |
| Main Level | Kitchen | 3.05 m | 4.52 m | 3.05 m x 4.52 m |
https://www.realtor.ca/real-estate/29610965/7-summit-avenue-london-north-north-n-north-n
Interested?
Contact us for more information
Jason Stern
Salesperson
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. 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 trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 15 2026 10:22:17
Sutton Group - Select Realty