102 - 40 Summit Avenue, London North (North N) ON

About 102 - 40 Summit Avenue

Welcome to this updated 5-bedroom, 2.5-bath townhouse in North London. 102-40 Summit Ave is a prime opportunity for investors, students, or families seeking a flexible, low-maintenance lifestyle in a highly connected location. Boasting a projected 7.34% cap rate and potential rental income of $3,750/month, this property offers exceptional returns in one of the city s strongest rental markets. Inside, the bright open-concept main floor creates an inviting space for gathering and entertaining. The kitchen, filled with natural light, flows seamlessly into the living area with its durable LVP flooring which is ideal for high-traffic use. Upstairs, the large primary bedroom with double closets provides ample storage, while the additional bedrooms are well-sized and functional. The fully finished lower level adds even more value with two generous bedrooms, a full bathroom, and laundry facilities; perfect for maximizing rental potential or accommodating extended family. Outside, a private patio backs onto mature trees and green space, creating a peaceful retreat to relax or study. With thoughtful updates and a layout ideal for shared living, this turnkey property could deliver both immediate cash flow and long-term appreciation potential. The well-maintained complex is within walking distance to Cherryhill Mall, grocery stores, and parks, with quick access to Western University and all the amenities the area is known for. Opportunities like this don t last! Add a high-performing asset to your portfolio or move into a perfect family home today! (id:56071). Get more information on 102 - 40 Summit Avenue

Property Features

Appliances:  Water Heater
Features:  Dry, In suite Laundry
Rental Equipment:  
Directions:  Oxford St W/ Summit Ave
Zoning Description:  R5-6
Interior Size:  900 - 999 sqft
Community Features:  Pet Restrictions
Lot:  
Exterior Finish:  Aluminum siding, Brick
Water:  ,
Heating / Cooling:   Electric /
Age: 
Foundation: Concrete
Basement:  N/A (Finished) Finished

Rooms & Sizes

Primary Bedroom Second level 3.04 m x 4.12 m	Bedroom Second level 3.42 m x 2.4 m	Bedroom 2 Second level 3.48 m x 2.43 m
Bathroom Second level 1.47 m x 2.34 m	Bedroom 4 Basement 3.97 m x 2.19 m	Laundry room Basement 2.24 m x 2.33 m
Bathroom Basement 1.61 m x 1.75 m	Bedroom 3 Basement 3.3 m x 4.91 m	Living room Main level 5.7 m x 3.37 m
Dining room Main level 3.42 m x 2.53 m	Kitchen Main level 3.1 m x 2.43 m	Foyer Main level 2.48 m x 1.57 m
Bathroom Main level 2.07 m x 0.9 m