London & Area Real Estate Listings
7 Summit Avenue
N6H2G5
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. (id:62344)
Property Specification
| MLS Number | X13004124 |
| Total Bedrooms | 5 |
| Basement | Finished, N/A |
| Cooling | Central air conditioning |
| Heating | Forced air, Natural gas |
| Fireplace | Array |
| Stories | 2 |
| Parking Spaces | 3 |
| Sewage | Sanitary sewer |
| Room 1 - Second level level | Bedroom |
| Room 2 - Second level level | Bedroom 2 |
| Room 3 - Second level level | Bedroom 3 |
| Room 4 - Main level level | Bedroom 4 |
| Room 5 - Main level level | Living room |
| Room 6 - Main level level | Dining room |
| Room 7 - Main level level | Kitchen |
| Room 8 - Basement | Bedroom 5 |
| Room 9 - Basement | Laundry room |
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Disclaimer
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.
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