For Sale
Just Listed
7 Summit Avenue
North N, London North, ON
$659,000
5Bd
2Ba
1,300+sqft
3Parking
30.33 x 127.33 ftlot
$507/sqft
DetachedMLS# X13004124Listed 2026-04-150 DOM
Heating
Water Heater Owned
Cooling
Central Air
Basement
Finished
Just listed! New listings in London North often receive offers within the first week.
About this home
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.
Garage
Rooms
Main Floor
| Bedroom 4 | 3.05 × 4.11 m | |
| Living Room | 5.59 × 4.04 m | |
| Dining Room | 3.40 × 2.44 m | |
| Kitchen | 3.05 × 4.52 m |
Second Floor
| Bedroom | 3.43 × 3.33 m | |
| Bedroom 2 | 3.23 × 3.84 m | |
| Bedroom 3 | 3.05 × 4.52 m |
Basement
| Bedroom 5 | 2.84 × 5.00 m | |
| Common Room | 3.40 × 4.37 m | |
| Laundry | 2.59 × 1.37 m |
Features
- Water Heater Owned
- Finished
- Central Air
- 2-Storey
Financials
Annual Taxes
$5,817
Estimated Rental Income
Entire property$4,500 – $7,000/mo
Basement apartment$1,800 – $2,500/mo
Rental yield8.2% – 12.7%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — London North
Days on market0 days
Buyer's MarketSeller's Market
Based on active listings in London North. Data updates daily.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
56
/ 100
Walk Score
Somewhat Walkable
47
/ 100
Transit Score
Some Transit
42
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
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. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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