Salehian.com 647-325-5000

59 Saunby Street N

North K, London North, N6G 1A4

$1,350,000

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  • 14 bedrooms
  • 5 bathrooms
  • 5 parking
  • 5000 + sq ft

Listed 11 days ago · MLS® X13880470

About this home

Excellent investment opportunity in highly desirable and convenient London location, offering multiple income streams and significant rental upside. The property features a legal 4-unit residential building, with each apartment offering 3 bedrooms and 1 living room. Plus, a separate 2-bedroom, 1 living room house on the same property. The property is currently rented at approximately $500 per bedroom per month. Based on current rental demand and comparable accommodations in the area, market rents may be approximately $800 per bedroom per month, subject to market conditions, tenant demand, and applicable regulations. This represents meaningful potential for an investor to improve rental income over time through proper management and market positioning. The location is particularly attractive for a student and professional tenants, with a university, shopping, restaurants, public transit, and other amenities nearby. The property's multiple bedrooms, existing residential configuration and separate house provide excellent flexibility for rental income, owner occupancy, or multi-generational living. The property is currently zoned R8-4R3. . A rare opportunity to acquire a multi-unit property with a substantial existing accommodation, strong rental demand, and significant potential to increase income. An excellent option for investors seeking both current rental income and long-term appreciation and redevelopment potential.

Details

Type
Duplex
Style
Other
Age
51-99 years
Size
5000 + sq ft
Lot
50 × 104 ft
Basement
Half
Garage
None
Kitchens
5
Property tax
$9,187 (2025)
Neighbourhood
North K
Municipality
London North

Interior

Bedrooms
14 above ground
Bathrooms
2 × 4-piece (second), 3 × 4-piece (main)
Rooms
20 above ground
Family room or den
No
Fireplace
No
Features
Water Meter

Heating, cooling and services

Heating
Baseboard, Electric
Water and sewer
Sewer

Building and exterior

Exterior
Brick
Roof
Asphalt Rolled, Asphalt Shingle
Foundation
Concrete
Age
51-99 years
Faces
North
Outdoor
Privacy

Parking

Total parking
5
Driveway and parking
Private

Lot

Size
50 × 104 ft (rectangular)
Acreage
< .50

More

Possession
Flexible
Nearby
School
Cross street
Close to Wharncliffe Rd. N.

Rooms

RoomLevelSizeFeatures
BedroomMain4.6 × 3.47 m (15'1" × 11'5")
BedroomMain4.36 × 3.41 m (14'4" × 11'2")
BedroomMain4.11 × 3.93 m (13'6" × 12'11")
BedroomMain3.07 × 3.05 m (10'1" × 10')
BedroomSecond4.91 × 3.93 m (16'1" × 12'11")
BedroomSecond3.63 × 2.77 m (11'11" × 9'1")
BedroomSecond3.63 × 2.56 m (11'11" × 8'5")
BedroomSecond4.48 × 3.52 m (14'8" × 11'7")
BedroomSecond3.41 × 2.71 m (11'2" × 8'11")
BedroomSecond3.38 × 2.62 m (11'1" × 8'7")
BedroomBasement3.93 × 2.47 m (12'11" × 8'1")
BedroomBasement4.3 × 3.08 m (14'1" × 10'1")
BedroomBasement3.9 × 2.71 m (12'10" × 8'11")
BedroomBasement4.36 × 3.41 m (14'4" × 11'2")

Listed by RIGHT AT HOME REALTY.

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

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