7 Summit Avenue, London North, ON N6H 2G5
London North, ON, N6H 2G5 · North N
About this property
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.
Features & Amenities
- Basement: Finished
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Aluminum Siding, Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 2-Storey |
| Bedrooms | 5 |
| Bathrooms | 2 |
| Basement | Finished |
| Garage | None |
| Parking Spaces | 3 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $5,817 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Water Heater Owned
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Aluminum Siding, Brick
- Foundation Details
- Block, Concrete
- Roof
- Asphalt Shingle
- Basement
- Finished
- Approximate Age
- 100+
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 3
- Parking Total
- 3.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 127.33
- Lot Width
- 30.33
Financial & Tax
- Tax Annual Amount
- $5,817
- Tax Year
- 2025
- Tax Assessed Value
- $347,000
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 10
- Kitchens Above Grade
- 1
- Kitchens Total
- 1
- Bedrooms Above Grade
- 5
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Middlesex
- Cross Street
- Oxford
- Directions
- Oxford @ Summit Ave
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
7 Summit Avenue, London North, ON N6H 2G5, London North, ON, N6H 2G5