$529,888
Est. payment $2,346/moCalculate yours
40 Summit Avenue 36, London North, ON N6H 4S3
North, London, ON N6H 4S3
- 3 + 2 Beds
- 3 Baths
- 900 Sq Ft
Listing courtesy of THRIVE REALTY GROUP INC. MLS® X13824274
About this home
Built for income, not for chasing rent. This fully tenanted, furnished 5-bedroom condo townhouse offers a turnkey option for investors looking to add to their rental portfolio, or for parents planning ahead for a child attending Western. Offering approx. 1,496 sq ft across three levels, the layout was designed with shared living in mind. There are five bedrooms, 2.5 bathrooms and in unit laundry. The kitchen includes full size fridge and freezer units, an additional fridge, dishwasher and microwave. Full-size laundry is located on the lower level. Recent updates include luxury vinyl plank flooring throughout the main floor and hallways, new kitchen cabinetry including a large custom pantry unit, ceramic tile backsplash, LED pot lighting, and new stove, dishwasher and microwave in 2026. Bedroom laminate flooring was completed between 2022 and 2024, and kitchen and bathroom plumbing has been updated. Electric baseboard heating is individually controlled by thermostats in each room. The home has a 200-amp electrical panel, updated in 2015. Roof, doors and windows are maintained by the condo corporation giving you peace of mind for the large items. Monthly condo fees are $350 and include water. Furniture is included. Fully tenanted and already set up for shared accommodation, this is an opportunity to step into an established rental property without starting from scratch. Whether you’re growing your portfolio or buying ahead for your student’s years at Western, this one is already working. Numbers available upon request.
Property details
Overview
- Property Type
- Condo Townhouse
- Style
- Stacked Townhouse
- For
- For Sale
- Status
- New
- Approximate Age
- 31-50
- Size
- 900 sqft
Interior
- Bedrooms
- 3 + 2
- Bathrooms
- 3
- Kitchens
- 1
- Basement
- Full
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Aluminum Siding, Brick
Lot & Parking
- Parking
- None garage · 1 total
Financial
- Property Taxes
- $2,967 (2025)
- Condo Fee
- $350/mo
- Fee Includes
- Water Included, Common Elements Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- North
- Cross Street
- Platt's Lane and Oxford St
Listing
- MLS® Number
- X13824274
- Days on Market
- 24
- Listed On
- 2026-09-24
- Possession
- Flexible
- Listed By
- THRIVE REALTY GROUP INC.
Rooms
Features
Interior
- Separate Heating Controls
- Separate Hydro Meter
- Other
- Included
- 2 oversize fridges, electric stove, dishwasher, microwave, washer, dryer, 5 beds, 5 desks, 5 chairs, couch, dining table and chairs
- Excluded
- Tenant Possessions
- Rental items
- Hot Water Tank
Mortgage calculator
Estimated mortgage payment
$2,346 per month
- Principal and interest
- $2,346
- Property tax
- $247
- Condo fees
- $350
- Estimated monthly cost
- $2,943
Your mortgage
- Mortgage amount
- $423,910
- Mortgage insurance
- Not needed
- Interest over 25 years
- $279,958
Cash to close
- Down payment
- $105,978
- Land transfer tax
- $7,073
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $113,051
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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