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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
TEAM GLASSER REAL ESTATE BROKERAGE INC. |
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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: |