For Sale: 6 Gower Street, London, ON - REW
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$599,000
3 + 3 bd • 2 ba • 700 - 1100 sf • House
6 Gower Street
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$599,000
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6 Gower StreetLondon, ON, N6H 2E6

West London
  • 3 + 3 Bed
  • 2 Bath
  • 700 - 1100 Sqft
  • House

About this home

INVESTOR ALERT! INCOME-GENERATING STUDENT RENTAL WITH FUTURE DEVELOPMENT POTENTIAL!Excellent investment opportunity in London! Walking distance to university and public transit.This solid brick corner-lot bungalow offers an attractive combination of established rentalincome, a City of London rental license and potential for future income expansion.Featuring 5 bedrooms, this property is ideally suited for student accommodation. The main flooroffers a spacious eat-in kitchen, bright living room with wood-burning fireplace, 2 generouslysized bedrooms and a 3-piece bathroom. The finished lower level features a separate entrance, 3additional bedrooms, family room, 3-piece bathroom, utility room, laundry and ample storagespace.CITY-LICENSED RENTAL PROPERTY! Previously inspected by the City inspector and Fire Department.Equipped with interconnected, hardwired smoke and carbon monoxide alarms on both levels.PROVEN RENTAL COLLECTIONS:May 2024 - April 2025: $42,535May 2025 - April 2026: $37,270FUTURE DEVELOPMENT POTENTIAL! Following the 2023 City of London zoning by-law changes, theproperty may qualify for a detached garden suite, offering an opportunity to generateadditional rental income, subject to municipal approvals and permits.Additional highlights include a roof replaced in 2024, concrete parking pad and a spaciousbackyard.Whether you are looking to expand your student rental portfolio or maximize returns throughfuture development, this property offers excellent investment potential!DON'T MISS THIS OPPORTUNITY TO OWN AN INCOME-PRODUCING PROPERTY WITH ROOM TO GROW!
Listed by: Santosh R Sanghrajka, Salesperson, ROYAL LEPAGE FLOWER CITY REALTY

Home facts and features

Price details
List Price
$599,000
Get Pre-Approved
Gross Taxes for 2026
$5,060
Home facts
Bedrooms
3 + 3
Full Bathrooms
2
Parking Spaces
4
Parking Details
Private
Property Type
House
Lot Size
37 ft x 120 ft (4440 ft²)
Depth
120.0
Frontage
37.0
Exterior Finish
Brick
Heating Type
Forced Air, Gas
Cooling
Other
Basement Details
Separate Entrance
Community
Agent details
Primary Agent
Primary Broker
ROYAL LEPAGE FLOWER CITY REALTY
Listing details
Days on REW
1 Day
MLS® Number
X14152220
Source
Toronto Real Estate Board
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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 Georges Public School
  • Public
  • JK - 8
London Central Secondary School
  • Public
  • 9 - 12
St Thomas More School
  • Catholic
  • JK - 8
Ryerson Public School
  • Public
  • JK - 8
Victoria Public School
  • Public
  • JK - 8
St Michael School
  • Catholic
  • JK - 8
Catholic Central High School
  • Catholic
  • 9 - 12
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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Call Agent
Salesperson
Santosh R Sanghrajka
Phone:
416-399-2087
Office:
905-564-2100
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