view of front of house featuring brick siding, a front yard, and a wooden deck Features: downspout, deck, stoop, satellite dish, brick siding, lawn, shake shingle siding More Photos

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    For Sale - 7 Summit Avenue, London North, Ontario

    Est payment $3,049/mo
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    Views   3
    Time on Jump  74 day

    AI Summary *

    • Prime location just a short walk to Western University.
    • Fully rented property with stable income until April 2027.
    • Five bedrooms ideal for student housing or rental investment.
    • Generous lot with a partially fenced yard and garage.
    • Potential for revenue growth with below market rents.




    Prime investment opportunity in a high-demand central location, just a short walk/direct bus to western university. This licensed & fully rented 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.
    Listing IDX13004124
    Address7 Summit Avenue
    CityLondon North, Ontario
    Price$634,999
    Bed / Bath5 / 2 Full
    Style2-Storey, Detached
    ConstructionAluminum Siding, Brick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Water Heater OwnedOwnership FreeholdBasement FinishedFoundation Block, ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Agency:  SUTTON GROUP - SELECT REALTY

    * 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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    7 Summit Avenue
    London North , Ontario
    5 2 $634,999
    Get more info