Detached House for sale at 7 Summit Avenue, London North, Ontario, N6H 2G5 - North N - MLS: X13004124

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7 Summit Avenue

London North, Ontario, N6H 2G5 - North N

$659,000

Neighbourhood

North N
Major Intersection

Oxford

Listed Since: 4 day(s)
Last update: today

Overview

Property Type

Detached, 2-Storey
Bedrooms

5
Bathrooms

2
Basement

Finished
Kitchen

1
Total Parking

3
Lot Size

30.33x127.33 (Feet)
Taxes

$5,817.00 (2025)
Type

Freehold

Property Description

Property description for 7 Summit Avenue, London North

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.

Listed by SUTTON GROUP - SELECT REALTY

Property details

MLS #

X13004124
Sq. Ft

1100-1500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

100+
Pool

None
Drive

n/a
Garage

None
Total Parking

3
Family Room

N
Den

N
Exterior

Alum Siding
Fireplace

N
Roof

Asphalt Shingle
Foundation

Block, Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X13004124
Sq. Ft

1100-1500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

100+
Pool

None
Drive

n/a
Garage

None
Total Parking

3
Family Room

N
Den

N
Exterior

Alum Siding
Fireplace

N
Roof

Asphalt Shingle
Foundation

Block, Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Br

3.43 x 3.33 ft 2nd level
2nd Br

3.23 x 3.84 ft 2nd level
3rd Br

3.05 x 4.52 ft 2nd level
4th Br

3.05 x 4.11 ft Main level
Living

5.59 x 4.04 ft Main level
Dining

3.4 x 2.44 ft Main level
Kitchen

3.05 x 4.52 ft Main level
5th Br

2.84 x 5.0 ft Bsmt level
Common Rm

3.4 x 4.37 ft Bsmt level
Laundry

2.59 x 1.37 ft Bsmt level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Detached in North N

Active listings

Average Selling Price of a Detached

March 2026

$605,400

Last 3 Months

$656,700

Last 12 Months

$614,440

March 2025

$886,875

Last 3 Months LY

$488,958

Last 12 Months LY

$557,235

Change

-32%

Change

34%

Change

10%

Number of Detached Sold

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

400%

Change

300%

Change

25%

How many days Detached takes to sell (DOM)

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

-43%

Change

87%

Change

17%

Average Selling price

Inventory Graph

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Down Payment ($)

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Closing Cost Calculator

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Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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