Home with brick exterior material, street for 40 Summit Ave #114, London North Ontario N6H 4S3
1 day on Market

40 Summit Ave #114, London North, Ontario N6H 4S3

In the same building:
-
Condo
3 + 2
3
~1000-1199 sqft
$490,000
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Condo
3 + 2
3
~1000-1199 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$449/sqft

Est. Mortgage$2,104/mo

Maintenance fees$350/mo

Tax Amount (2024)$3,351/yr

Days On Market1 day


Description

Welcome to Unit 114-40 Summit Avenue a fresh, modernized 5-bedroom, 2.5-bath townhouse-style condo located in one of Londons most connected and sought-after neighbourhoods. With thoughtful updates, included appliances, and a layout ideal for student housing, this is a turnkey opportunity for investors or owner-occupiers. Just minutes from Western University and steps to public transit, this home is designed for convenience and flexibility. The multi-level layout features carpet-free flooring, a spacious open-concept living/dining area, and a functional kitchen with updated finishes and included appliances. The upper floor offers well-sized bedrooms and a bathroom, while the lower level includes two spacious bedrooms, bathroom, and laundry providing privacy and space for all occupants. The private outdoor space backs onto mature trees and green space, offering a rare sense of privacy and a peaceful place to relax or study outdoors. The well-maintained complex offers a quiet, walkable setting just off Oxford Street near Cherryhill Mall, Costco, grocery stores, and parks. With affordable condo fees of $350/month, and the ability to attract strong rental income, this is an ideal opportunity for investors, parents with university-bound children, or anyone seeking low-maintenance, high-function living in a prime location.


Property Details

Style2-Storey
ViewTrees/Woods
Age of property31-50
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12235030
Community NameWest London
Data SourceTRREB
Listing bySUTTON GROUP - HODGSON REALTY INC.

Features

Heating: Baseboard
Cooling: Other
Basement: Finished

Main Floor

Kitchen

3.07 x 2.49

Dining

3.4 x 3.24

Living

5.04 x 3.49

Walk-Out


Parking

Garage spaces -

Garage type -

Total parking spaces 1


1Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by SUTTON GROUP - HODGSON REALTY INC., Brokerage

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Market Data - West London

Geo Zone Map ThumbnailWest London

Seller's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

16 days

Compared to

2024

10 days

2023

21 days

2022

5 days

New Listings

Past 30 days

13 listings

Compared to

2024

4 listings

2023

10 listings

2022

7 listings

Units sold

Past 30 days

5 units

Compared to

2024

1 unit

2023

10 units

2022

2 units

Median Sold Price

Past 30 days

$585,000

Compared to

2024

$315,000

2023

$588,500

2022

$459,000


Population and Demographics

Overview

Total population 24351
Average household income $83,663

Age (%)

20 to 34
34%
65 and plus
21%
0 to 19
16%
35 to 49
15%
50 to 64
14%

Household composition (%)

Single person
46%
Single family
43%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
69%
Arabic
8%
Mandarin
6%
Spanish
5%
Others
5%
Korean
1%
Urdu
1%
French
1%

House tenancy (%)

Renters
78%
Owners
22%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget