For Sale: 36-40 Summit Avenue, London, ON - REW
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$529,888
5 bd • 3 ba • 900 - 998 sf • Townhouse

36 - 40 Summit AvenueLondon, ON, N6H 4S3

West London
  • 5 Bed
  • 3 Bath
  • 900 - 998 Sqft
  • Townhouse

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. (id:63626)
Listed by: CHRIS COSTELLO, Broker, THRIVE REALTY GROUP INC.

Home facts and features

Price details
List Price
Gross Taxes for 2025
$2,967
Strata Maintenance Fees
$350 Monthly
Home facts
Bedrooms
5
Full Bathrooms
3
Parking Spaces
1
Parking Details
No Garage
Property Type
Townhouse
Title
Condo/Strata
Exterior Finish
Brick, Aluminum siding
Heating Type
Baseboard heaters, Electric
Basement Details
Full
Features
Separate Electricity Meters, Separate Heating Controls
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
Primary Broker
THRIVE REALTY GROUP INC.
Listing details
Days on REW
1 Day
MLS® Number
X13824274
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Jeanne-Sauvé Public School
  • Public
  • K - 8
Eagle Heights Public School
  • Public
  • JK - 8
University Heights Public School
  • Public
  • JK - 8
St Thomas More School
  • Catholic
  • JK - 8
St Georges Public School
  • Public
  • JK - 8
London Central Secondary School
  • Public
  • 9 - 12
Victoria Public School
  • Public
  • JK - 8
Ryerson Public School
  • Public
  • JK - 8
Kensal Park Public School
  • Public
  • K - 8
St Michael School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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