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.
Address
36 - 40 Summit Avenue
List Price
$529,888
MLS® Status
New
Property Type
Residential Condo & Other
Type of Dwelling
Condo Townhouse
Style of Home
Stacked Townhouse
Transaction Type
Sale
Area
London North
Sub-Area
North N
Region
Middlesex
Bedrooms
3 + 2
Bedrooms (Total)
5
Rooms Above Grade
8
Rooms Below Grade
3
Bathrooms
3
Floor Area
900-999 Sq. Ft.
Square Foot Source
MPAC
Lot Size Source
MPAC
Parcel Number
088700057
Occupant Type
Tenant
Cross Street
Platt's Lane and Oxford St
Approx. Age
31 - 50 Years
Maint. Fee
$350.00
MLS® Number
X13824274
Listing Brokerage
THRIVE REALTY GROUP INC.
Basement Area
Full
Postal Code
N6H 4S3
Posession Details
Flexible
Parking Places (Total)
1
Parking Spaces
1
Tax Amount
$2,967.00
Tax Year
2025
Property Management Company
Summit Properties
Pets
Yes-with Restrictions
Interior Features
Separate Heating Controls, Separate Hydro Meter, Other
Central Vacuum
No
Family Room
No
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Senior Community
No
Board Or Association
London and St. Thomas Association of REALTORS
Association Fee Includes
Water Included, Common Elements Included
Association Name
LCC
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
None
Balcony Type
None
Construction Materials
Aluminum Siding, Brick
Exposure
South
Fireplace
No
Garage
No
Garage Type
None
Kitchens Total
1
Kitchens Above Grade
1
Laundry Features
Electric Dryer Hookup, Washer Hookup, In Bathroom, In Basement
Legal Level Number
1
Waterfront
No
Locker
None
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Kitchen | 3.07 x 5.71 Meters | |
| Main | Dining Room | 2.47 x 3.22 Meters | |
| Main | Bedroom | 2.48 x 4.31 Meters | |
| Main | Bathroom | 0.62 x 1.66 Meters | 2 Pc Bath |
| Main | Foyer | 1.79 x 2.76 Meters | |
| Upper | Primary Bedroom | 4.97 x 2.93 Meters | |
| Upper | Bedroom 2 | 2.37 x 3.54 Meters | |
| Upper | Bedroom 3 | 2.49 x 3.11 Meters | |
| Upper | Bathroom | 2.06 x 2.26 Meters | 3 Pc Bath |
| Ground | Bedroom 4 | 3.08 x 3.64 Meters | |
| Ground | Bedroom 5 | 4.97 x 3.4 Meters | |
| Ground | Bathroom | 2.06 x 2.13 Meters | 3 Pc Bath |