$634,999
6.82 BTC
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7 Summit Avenue, London
$634,999
PRICE
5
BEDROOMS
2
BATHROOMS
X13004124
MLSID

7 Summit Avenue, London

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.
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Summary

Address
7 Summit Avenue
City
Community
MLSID
X13004124
Property Type
Detached
Property Category
Bedrooms
5
Bathrooms
2
Kitchens
1
Zoning
R2-2
Taxes (Annual)
$5,817.00
Tax Year
2025
Published
April 15, 2026
Days on Market
39 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

Fridge, Stove, washer, dryer

Details

Bathroom 1
4-Piece Second Level
Bathroom 2
4-Piece Basement Level
Basement
Finished
Interior Features
Water Heater Owned
Parking Spaces
3
Parking Total
3
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Aluminum Siding, Brick
Lot Width
30 Feet
Lot Depth
127 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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