7 Summit Avenue, London North, Ontario N6H 2G5 (29610965)
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:53015)
Property Details
| MLS® Number | X13004124 |
| Property Type | Single Family |
| Community Name | North N |
| Parking Space Total | 3 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Age | 100+ Years |
| Appliances | Water Heater, Water Meter, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Aluminum Siding, Brick |
| Foundation Type | Block, Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 127 Ft ,3 In |
| Size Frontage | 30 Ft ,3 In |
| Size Irregular | 30.3 X 127.3 Ft |
| Size Total Text | 30.3 X 127.3 Ft |
| Zoning Description | 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
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April 15 2026 10:22:17
London and St. Thomas Association of REALTORS®
Sutton Group - Select Realty
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Nicole Bartlett, Sales Representative, Coldwell Banker Star Real Estate, Brokerage
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