Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

7 Summit Avenue, London North, ON N6H 2G5 (Oxford)
$ 634999 - MLS : X13004124

From Our Gallery

Description

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.

Location Description

Oxford

Property Detail

Community: North N
Property Type: Tenant/Residential Freehold
Bedrooms: 5
Bath: 2
Garages: None
Annual Property Taxes : $ 5817

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Block-Concrete
Counstruction Material : Aluminum Siding-Brick
Total Parking Space : 3
Parking Type : None

Amenities

Heating : Forced AirGas
Sewer : Sewer ,

Listing Contracted With: SUTTON GROUP - SELECT REALTY

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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