$514,900
Available - For Sale
Listing ID: X12341981
40 SUMMIT Aven , London North, N6H 4S3, Middlesex


Welcome to this updated 5-bedroom, 2.5-bath townhouse in North London. 102-40 Summit Ave is a prime opportunity for investors, students, or families seeking a flexible, low-maintenance lifestyle in a highly connected location. Boasting a projected 7.34% cap rate and potential rental income of $3,750/month, this property offers exceptional returns in one of the city's strongest rental markets. Inside, the bright open-concept main floor creates an inviting space for gathering and entertaining. The kitchen, filled with natural light, flows seamlessly into the living area with its durable LVP flooring which is ideal for high-traffic use. Upstairs, the large primary bedroom with double closets provides ample storage, while the additional bedrooms are well-sized and functional. The fully finished lower level adds even more value with two generous bedrooms, a full bathroom, and laundry facilities; perfect for maximizing rental potential or accommodating extended family. Outside, a private patio backs onto mature trees and green space, creating a peaceful retreat to relax or study. With thoughtful updates and a layout ideal for shared living, this turnkey property could deliver both immediate cash flow and long-term appreciation potential. The well-maintained complex is within walking distance to Cherryhill Mall, grocery stores, and parks, with quick access to Western University and all the amenities the area is known for. Opportunities like this don't last! Add a high-performing asset to your portfolio or move into a perfect family home today!
Price $514,900
Taxes: $3713.00
Occupancy: Vacant
Address: 40 SUMMIT Aven , London North, N6H 4S3, Middlesex
Postal Code: N6H 4S3
Province/State: Middlesex
Directions/Cross Streets: Oxford St W/ Summit Ave
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 18.7 11.05
Room 2 Main Dining Ro 11.22 8.3
Room 3 Main Kitchen 10.17 7.97
Room 4 Main Foyer 8.13 5.15
Room 5 Main Bathroom 6.79 2.95
Room 6 Second Primary B 9.97 13.51 Double Closet
Room 7 Second Bedroom 11.22 7.87 Closet
Room 8 Second Bedroom 2 11.41 7.97 Closet
Room 9 Second Bathroom 4.82 7.68
Room 10 Basement Bedroom 3 10.82 16.1 Closet
Room 11 Basement Bedroom 4 13.02 7.18
Room 12 Basement Laundry 7.35 7.64
Room 13 Basement Bathroom 5.28 5.74
Washroom Type No. of Pieces Level
Washroom Type 1 2 Main
Washroom Type 2 3 Second
Washroom Type 3 3 Basement
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 2 Main
Washroom Type 7 3 Second
Washroom Type 8 3 Basement
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Washrooms: 3
Heat Type: Baseboard
Central Air Conditioning: None
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
TEAM GLASSER REAL ESTATE BROKERAGE INC.
Personal Picture
Zannatal Ferdoush
Sales Representative
Dir:
(416) 847-5288
Bus:
(416) 847-5288
 
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At a Glance:
Type: Com - Condo Townhouse
Area: Middlesex
Municipality: London North
Neighbourhood: North N
Style: 2-Storey
Lot Size: x 0.00()
Approximate Age:
Tax: $3,713
Maintenance Fee: $350
Beds: 5
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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