36 - 40 Summit Avenue, London North
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. (id:1945)
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Property details for 36 - 40 Summit Avenue, London North
- Type
- Townhouse
- Bedrooms
- 5
- Bathrooms
- 3
- Basement
- Full
- Parking
- No Garage
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Exterior
- Brick, Aluminum siding
- Ownership
- Condo/Strata
- Annual Taxes
- $2,967 (2025)
- Condo Fee
- $350 / Monthly
Nearby Listings Stat
Estimated price and comparable properties near 36 - 40 Summit Avenue
Active Listings
4
Min Price
$529,888
Max Price
$699,900
Avg Price
$609,922
Days on Market
95
days
Sold Listings
2
Min Sold Price
$699,900
Max Sold Price
$1,399,000
Avg Sold Price
$1,049,450
Days until Sold
100
days
Neighbourhood Census Data
London, Ontario
Population
682
Median Age
26.2
Median Income
$17,088
Housing Tenure
Owners 9%
Renters 91%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 2,630.2/km²
Avg Shelter Cost: $1,576/mo
Owners with Mortgage: 83.3%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 56.9%
English only: 90.4%
English and French: 6.7%
Neither: 3%
Median Household Income: $29,952
Median Employment Income: $13,856
Price History
Listed
September 24, 2026
by THRIVE REALTY GROUP INC.
Current Price
$529,888
Type
Townhouse
For Sale
