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    For Sale - 2 Saunby Street, London North, Ontario

    Est payment $3,448/mo
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    Views   4
    Time on Jump  23 day

    AI Summary *

    • Well-appointed duplex bungalow with strong multi-unit income potential.
    • Located near downtown London and Western University for easy access.
    • Features three bedrooms on the main level and three in the lower unit.
    • Amazing views of the Thames River and Gibbons Park from the property.
    • Previously generated over $51,000 in annual net income for investors.




    Duplex on the thames river!!! Exceptional investment opportunity with strong multi-unit income potential. This well-appointed duplex bungalow features a fully finished lower level and an outstanding location near downtown london and western university. Residents enjoy convenient access to a wide range of amenities within walking distance, along with nearby public transit at oxford street and western road. The property also borders the thames river and offers beautiful views of the river, gibbons park, and london's iconic thames-oxford railway bridge. The main level features three spacious bedrooms, a full kitchen, and a complete bathroom. The lower unit offers an additional three bedrooms, a separate full kitchen, and a full bathroom-providing versatile rental options and comfortable living space for tenants. Previously generating more than $51,000 in annual net income, based on rental income of approximately $717 per bedroom per month plus utilities, this property is designed for efficient cash flow. Both units are separately metered for hydro, while gas heating and water costs are shared between the tenants. With its rare riverfront setting, flexible layout, and proximity to downtown and western university, this is a unique turnkey investment opportunity offering excellent long-term value. Don't miss your chance to own one of london's most distinctive income properties.
    Listing IDX13818204
    Address2 Saunby Street
    CityLondon North, Ontario
    Price$718,000
    Bed / Bath6 / 2 Full
    StyleBungalow, Detached
    ConstructionConcrete Block, Shingle
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Accessory Apartment, In-Law CapabilityAmenities Cul de Sac/Dead End, Greenbelt/Conservation, River/Stream, School Bus Route, WaterfrontOwnership FreeholdViews Bridge, City, Forest, River, Trees/Woods, WaterWaterfront IndirectBasement Full, FinishedFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: RE/MAX CENTRE CITY REALTY INC.

    * Data is provided courtesy of PROPTX. 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. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    2 Saunby Street
    London North , Ontario
    6 2 $718,000
    Get more info