Description

 Price: $ 634,999.00 MLS^®: X13004124         Location : 7 Summit Avenue, London North, ON N6H 2G5

Prime investment opportunity in a high-demand central location, just a short walk/direct bus to Western University. This licensed & FULLY RENTED rental property offers a total total of 5 bedrooms, making it ideal for student housing.The home features a functional layout with spacious living areas, kitchen and bathrooms, and has been well maintained throughout. Situated on a generous lot with a partially fenced yard, the property also includes a detached garage/storage shed and parking for up to 3 vehicles.Currently tenanted until April 30, 2027 with occupants in place since 2023, providing stable income. Rents are below current market levels, offering significant upside potential for future revenue growth. All major appliances are included.Whether you're looking for a turnkey investment, a student rental. Located within walking distance to amenities, transit.

Location Description

Oxford

Property Details

• Community: North N
• Property Type: Tenant/Residential Freehold
• Bedrooms: 5
• Bath: 2
• Garages: None

Building Features

• Foundation Type: Block-Concrete
• Construction Material: Aluminum Siding-Brick
• Total Parking Space: 3

Features

• Heating: Forced Air Gas
• Sewer: Sewer ,