40 Summit Avenue Unit# 80 London, Ontario N6H 4S3

5 Bedroom 3 Bathroom 1507


Maintenance, Landscaping, Water

$300 Monthly

Offers welcome anytime! Turnkey investment opportunities like this awesome west-end townhome are few and far between. Situated only minutes to Western on prime transit routes and walking distance to shopping, schools, and services as well as London Muslim Mosque, this 3+2 bedroom property is ideal for a broad range of potential tenantsstudents and families alikethat will appreciate its absolutely ideal location. Clean, well maintained, and thoroughly updated throughout, there is literally nothing to do except sign a lease with your new renters. Flooring throughout is laminate (bedrooms and principal rooms) or ceramic tile (kitchen and washrooms). The main level offers a large open concept living and dining area that includes walkout access to a rear patio. The kitchen has been completely renovated with new flooring, modern cabinets, tile backsplash, and stainless appliances including an over-the-range microwave to maximize counter space. Upstairs offers 3 nice-sized bedrooms plus updated 4 piece main bath, also renovated with new vanity, fixtures, and lighting. The lower level has two additional bedrooms and a laundry centre, as well as a nicely appointed new 2 piece bath. The decor is neutral with most rooms being freshly painted, and many light fixtures have also been updated recently. This is a well-managed complex with low monthly condo fees ($300) that include water, with potential income up to $3,500/month in the current market. Being close to downtown and restaurants plus Cherryhill Village Mall means there is something here for everyone. Whether youre looking for a solid first income property or are an experienced investor looking to build your portfolio, this is the right property, in the right condition, in the right location to achieve your objectives. (id:20429)

Property Details

MLS® Number 40247127
Property Type Single Family
Amenities Near By Hospital, Park, Public Transit, Schools, Shopping
Communication Type High Speed Internet
Community Features Community Centre
Equipment Type Water Heater
Features Park/reserve, Paved Driveway
Parking Space Total 2
Rental Equipment Type Water Heater


Bathroom Total 3
Bedrooms Above Ground 3
Bedrooms Below Ground 2
Bedrooms Total 5
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1979
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Brick
Foundation Type Poured Concrete
Half Bath Total 1
Heating Fuel Electric
Size Interior 1507
Type Row / Townhouse
Utility Water Municipal Water


Acreage No
Land Amenities Hospital, Park, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Total Text Under 1/2 Acre
Zoning Description R5-6


Second Level 4pc Bathroom Measurements not available
Second Level Bedroom 11'0'' x 8'0''
Second Level Bedroom 13'8'' x 7'8''
Second Level Primary Bedroom 14'0'' x 10'0''
Lower Level 3pc Bathroom Measurements not available
Lower Level Bedroom 16'0'' x 11'0''
Lower Level Bedroom 12'0'' x 11'0''
Main Level 2pc Bathroom Measurements not available
Main Level Dining Room 11'0'' x 6'0''
Main Level Kitchen 10'0'' x 8'0''
Main Level Living Room 19'0'' x 10'8''


Cable Available
Electricity Available



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