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For sale

$659,000

7 Summit Ave, London North, N6H 2G5

5 Beds
Baths

2

3 Parking

1,100-1,500 sqft

Home Overview

Description: 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.
12 days
On Market
Detached
Property Type
$5,817 / Year
Est. Taxes
2-Storey
Style
None
Garage
Finished
Basement

Location & Areas

Commute

7 Summit Ave, London North, N6H 2G5

Home Details

Lot Depth:: 127 Feet
Lot Width:: 30 Feet
Style:: 2-Storey
Exterior Construction:: Alum Siding, Brick
Roof Material:: Asphalt Shingle
Patio/Deck:: -
Driveway:: 3
Swimming Pool:: None

Instant Estimate

$632,988

-$26,012 below list price

Upper range
$702,244
Mid range
$632,988
Lower range
$563,731

Neighbourhood

Jeanne-Sauvé French Immersion PS
215 Wharncliffe Rd N, London, ON N6H 2B6, Canada
Visit schools website
No score available N/A
- English
- Elementary
- Middle
- Grade 1 - 8
6 min walk • 0.52 km away
Eagle Heights PS
284 Oxford St W, London, ON N6H 1S9, Canada
Visit schools website
score 4.5 out of 104.5/10
- English
- Pre-Kindergarten
- Kindergarten
- Elementary
- Middle
- Grade PK - 8
6 min walk • 0.53 km away
Lester B Pearson School for the Arts
795 Trafalgar St, London, ON N5Z 1E6, Canada
Visit schools website
No score available N/A
- English
- Middle
- Grade 4 - 8
53 min walk • 4.45 km away
Sir Frederick Banting SS
125 Sherwood Forest Square, London, ON N6G 2C3, Canada
Visit schools website
score 6.7 out of 106.7/10
- English
- High
- Grade 9 - 12
36 min walk • 3 km away
ÉS Gabriel-Dumont
2463 Evans Blvd, London, ON N6M 0B1, Canada
Visit schools website
score 7.7 out of 107.7/10
- French
- High
- Middle
- Grade 9 - 8
109 min walk • 9.15 km away

Schools nearby

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Listing Brokerage

MLS® Listing: X13004124
Brokerage: SUTTON GROUP - SELECT REALTY

SUTTON GROUP - SELECT REALTY - Disclaimer: The information contained in this listing has not been verified by SUTTON GROUP - SELECT REALTY and should be verified by the buyer.

Data is deemed reliable but not guaranteed accurate by TRREB.

Similar Homes for Sale

Comparable properties in the same area and price range as 7 Summit Ave, London North, N6H 2G5

$785,000

173 Regent St | London East

Detached

5

2

1,500-2,000

$699,900

123 Mill St | London East

Detached

5

2

1,500-2,000

$549,000

71 Briscoe St | London South

Detached

5

3

1,100-1,500

$•,•••,•••

13 Charles St | London North

Detached

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7

2,000-2,500

$•••,•••

117 Wharncliffe Rd | London North

Detached

5

7

1,100-1,500

Neighbourhood

Jeanne-Sauvé French Immersion PS
215 Wharncliffe Rd N, London, ON N6H 2B6, Canada
Visit schools website
No score available N/A
- English
- Elementary
- Middle
- Grade 1 - 8
6 min walk • 0.52 km away
Eagle Heights PS
284 Oxford St W, London, ON N6H 1S9, Canada
Visit schools website
score 4.5 out of 104.5/10
- English
- Pre-Kindergarten
- Kindergarten
- Elementary
- Middle
- Grade PK - 8
6 min walk • 0.53 km away
Lester B Pearson School for the Arts
795 Trafalgar St, London, ON N5Z 1E6, Canada
Visit schools website
No score available N/A
- English
- Middle
- Grade 4 - 8
53 min walk • 4.45 km away
Sir Frederick Banting SS
125 Sherwood Forest Square, London, ON N6G 2C3, Canada
Visit schools website
score 6.7 out of 106.7/10
- English
- High
- Grade 9 - 12
36 min walk • 3 km away
ÉS Gabriel-Dumont
2463 Evans Blvd, London, ON N6M 0B1, Canada
Visit schools website
score 7.7 out of 107.7/10
- French
- High
- Middle
- Grade 9 - 8
109 min walk • 9.15 km away

$659,000

7 Summit Ave, London North, N6H 2G5

Home Overview

Location & Areas

Commute

7 Summit Ave, London North, N6H 2G5

Home Details

Instant Estimate

Neighbourhood

Jeanne-Sauvé French Immersion PS

Eagle Heights PS

Lester B Pearson School for the Arts

Sir Frederick Banting SS

ÉS Gabriel-Dumont

Schools nearby

Similar Homes for Sale

Listing Brokerage

Similar Homes for Sale

Neighbourhood

Jeanne-Sauvé French Immersion PS

Eagle Heights PS

Lester B Pearson School for the Arts

Sir Frederick Banting SS

ÉS Gabriel-Dumont