$718,000
Est. payment $3,179/moCalculate yours
2 Saunby Street, London North, ON N6G 1A1
North, London, ON N6G 1A1
- 6 Beds
- 2 Baths
- 1,100 Sq Ft
Listing courtesy of RE/MAX CENTRE CITY REALTY INC. MLS® X13818204
About this home
DUPLEX ON THE THAMES RIVER!!! Exceptional investment opportunity with strong multi-unit income potential. This well-appointed duplex bungalow features a fully finished lower level and an outstanding location near downtown London and Western University. Residents enjoy convenient access to a wide range of amenities within walking distance, along with nearby public transit at Oxford Street and Western Road. The property also borders the Thames River and offers beautiful views of the river, Gibbons Park, and London’s iconic Thames-Oxford Railway Bridge. The main level features three spacious bedrooms, a full kitchen, and a complete bathroom. The lower unit offers an additional three bedrooms, a separate full kitchen, and a full bathroom-providing versatile rental options and comfortable living space for tenants. Previously generating more than $51,000 in annual net income, based on rental income of approximately $717 per bedroom per month plus utilities, this property is designed for efficient cash flow. Both units are separately metered for hydro, while gas heating and water costs are shared between the tenants. With its rare riverfront setting, flexible layout, and proximity to downtown and Western University, this is a unique turnkey investment opportunity offering excellent long-term value. Don’t miss your chance to own one of London’s most distinctive income properties.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 1,100 sqft
Interior
- Bedrooms
- 6
- Bathrooms
- 2
- Kitchens
- 2
- Basement
- Full, Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Concrete Block, Shingle
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 65.72 x 151.53 Feet
- Parking
- None garage · 6 total
- Zoning
- R2-3 (2)
Financial
- Property Taxes
- $6,166 (2026)
Location
- Neighbourhood
- North
- Cross Street
- Gunn Street
- Direction Faces
- North
Listing
- MLS® Number
- X13818204
- Days on Market
- 25
- Listed On
- 2026-09-23
- Possession
- Flexible
- Listed By
- RE/MAX CENTRE CITY REALTY INC.
Rooms
Features
Interior
- Accessory Apartment
- In-Law Capability
Property
- Cul de Sac/Dead End
- Greenbelt/Conservation
- River/Stream
- School Bus Route
- Waterfront
Pool
- None
- Included
- FRIDGE X2, STOVE X2, MICROWAVE X2, WASHER, DRYER
- Excluded
- TENANT'S BELONGINGS
- Rental items
- HOT WATER TANK
Mortgage calculator
Estimated mortgage payment
$3,179 per month
- Principal and interest
- $3,179
- Property tax
- $514
- Condo fees
- $0
- Estimated monthly cost
- $3,693
Your mortgage
- Mortgage amount
- $574,400
- Mortgage insurance
- Not needed
- Interest over 25 years
- $379,345
Cash to close
- Down payment
- $143,600
- Land transfer tax
- $10,835
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $154,435
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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