Salehian.com 647-325-5000

40 Summit Avenue 36

North N, London North, N6H 4S3

$529,888

Photo 1 of 33Photo 2 of 33Photo 3 of 33Photo 4 of 33Photo 5 of 33Photo 6 of 33Photo 7 of 33Photo 8 of 33Photo 9 of 33Photo 10 of 33Photo 11 of 33Photo 12 of 33Photo 13 of 33Photo 14 of 33Photo 15 of 33Photo 16 of 33Photo 17 of 33Photo 18 of 33Photo 19 of 33Photo 20 of 33Photo 21 of 33Photo 22 of 33Photo 23 of 33Photo 24 of 33Photo 25 of 33Photo 26 of 33Photo 27 of 33Photo 28 of 33Photo 29 of 33Photo 30 of 33Photo 31 of 33Photo 32 of 33Photo 33 of 33
  • 3+2 bedrooms
  • 3 bathrooms
  • 1 parking
  • 900-999 sq ft

Listed 26 days ago · 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.

Details

Type
Condo Townhouse
Style
Stacked Townhouse
Age
31-50 years
Size
900-999 sq ft
Basement
Full
Garage
None
Kitchens
1
Property tax
$2,967 (2025)
Maintenance fee
$350/month
Neighbourhood
North N
Municipality
London North
Price per sq ft
$558 (58% above condo townhouses in London North, $353)

Interior

Bedrooms
3 above ground + 2 below
Bathrooms
1 × 3-piece (upper), 1 × 3-piece (main), 1 × 3-piece (ground)
Rooms
8 above ground + 3 below
Family room or den
No
Fireplace
No
Laundry
Electric Dryer Hookup, Washer Hookup, In Bathroom, In Basement
Features
Separate Heating Controls, Separate Hydro Meter

Heating, cooling and services

Heating
Baseboard, Electric

Building and exterior

Style
Stacked Townhouse
Exterior
Aluminum Siding, Brick
Age
31-50 years

Parking

Total parking
1

Condo

Monthly fee
$350
Fee includes
Water Included, Common Elements Included
Exposure
South
Pets
Yes-with Restrictions
Property manager
Summit Properties

More

Possession
Flexible
Cross street
Platt's Lane and Oxford St

Rooms

RoomLevelSizeFeatures
KitchenMain3.07 × 5.71 m (10'1" × 18'9")
Dining RoomMain2.47 × 3.22 m (8'1" × 10'7")
BedroomMain2.48 × 4.31 m (8'2" × 14'2")
BathroomMain0.62 × 1.66 m (2' × 5'5")2 Pc Bath
FoyerMain1.79 × 2.76 m (5'10" × 9'1")
Primary BedroomUpper4.97 × 2.93 m (16'4" × 9'7")
Bedroom 2Upper2.37 × 3.54 m (7'9" × 11'7")
Bedroom 3Upper2.49 × 3.11 m (8'2" × 10'2")
BathroomUpper2.06 × 2.26 m (6'9" × 7'5")3 Pc Bath
Bedroom 4Ground3.08 × 3.64 m (10'1" × 11'11")
Bedroom 5Ground4.97 × 3.4 m (16'4" × 11'2")
BathroomGround2.06 × 2.13 m (6'9" × 7')3 Pc Bath

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 10 cafés and restaurants, 8 parks, 2 pharmacies. Nearest grocery: Metro (550 m). Nearest park: Empress Avenue Park (150 m).

Schools nearby

Elementary

  • Jeanne-Sauvé Public School
    EQAO: Gr 6 reading 97%, math 58%    8 min walk
  • Eagle Heights Public School
    EQAO: Gr 6 reading 90%, math 50%    9 min walk
  • University Heights Public School
    EQAO: Gr 6 reading 79%, math 74%    17 min walk
  • St. Thomas More Catholic School Catholic
    EQAO: Gr 6 reading 84%, math 40%    1.8 km

Secondary

  • London Central Secondary School
    EQAO: Gr 9 math 81%, literacy test 91%    2.0 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N6H

Owners / renters
46% / 54%
Median household income
$71,000
Average age
42
Children under 15
15%
Homes
40% detached, 44% high-rise
Commute by transit
8%
Population
44,215

Languages spoken most at home besides English: Arabic 3.8%, Mandarin 3.1%, Spanish 2.8%, Korean 1.1%.

Safety

Crime Severity Index for London police: 73 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown London: 2 km. Transit times · Driving times

Noise 1 source nearby

  • 🚆 Rail line (Windsor Subdivision)300 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by THRIVE REALTY GROUP INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Similar homes nearby

See more in London North