5 Beds 2 Bath

7 Summit Avenue, London North, ON N6H 2G5

London North N6H 2G5 Ontario

MLS: X13004124

$659,000

Added 1 hour ago | For Sale

Listed by: SUTTON GROUP - SELECT REALTY

About Property

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.

Features

  • House Style:Detached
  • Bathrooms:2
  • Land Size: 30.33 X 127.33
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Oxford
  • Basement:Finished , Finished
  • Possession Date:Flexible
  • Annual Property taxes: $5817
  • Bedrooms:5
  • Total Parking Spaces:3
  • Parking Places:3
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X13004124

Level Type Features Dimensions
Main Bedroom 4 10 ft x 13 ft, 6 in
Living Room 18 ft, 4 in x 13 ft, 3 in
Dining Room 11 ft, 2 in x 8 ft
Kitchen 10 ft x 14 ft, 10 in
Second Bedroom 11 ft, 3 in x 10 ft, 11 in
Bedroom 2 10 ft, 7 in x 12 ft, 7 in
Bedroom 3 10 ft x 14 ft, 10 in
Basement Bedroom 5 9 ft, 4 in x 16 ft, 5 in
Common Room 11 ft, 2 in x 14 ft, 4 in
Laundry 8 ft, 6 in x 4 ft, 6 in

No property rooms available.

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