51 SUMMIT AVE, London, Ontario N6H 2G5

For Sale

$419,900 CAD
  • 6 Beds
  • 2 Baths
  • Residential
Open House
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Property Summary for 51 SUMMIT AVE

Type
Residential
Style
2 Storey
MLS® Number
271023
Basement
Walkout
Neighborhood
West London
Postal Code
N6H 2G5

Description for 51 SUMMIT AVE

If you don’t like the idea of buying a house that starts paying you immediately, you might want to click next. If you’re looking for an unmatched turnkey income property, read on. Located off Oxford Street near Platt’s Lane, this townhome can serve students at Western or Fanshawe. Extensively reno’d, everything looks new. The open main level includes tons of living and dining space plus access to a balcony, and the large kitchen has new cabinets, flooring and stainless appliances. Plus there’s no carpet to be found: all flooring is newer laminate and ceramic. Besides offering walkout access to a courtyard, the lower level also has a kitchenette. With laundry on the main floor students can have defined spaces. 6 beds, 2.5 baths and zero condo fees (freehold!) make this an awesome income opportunity. 5 of the 6 bedrooms are rented at $2,465/month total until April '21 with the potential to add another tenant at $535/month. This unit is located close to everything by foot (Cherryhill Mall) or transit, and is a can’t miss opportunity for an awesome rental property that starts paying instantly!\r
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Listing provided by Point2 Agent

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Lindsay Reid, Broker

Lindsay Reid, Broker

Royal LePage Triland Realty, Brokerage

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