Home with brick exterior material, street for 40 Summit Ave #114, London North Ontario N6H 4S3
43 days 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

Property Estimate

Days on market43 days

Estimated valueNot available

Price/Sqft$449/sqft

Monthly cost

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+2

Properties sold*

$575K

Median sold price*

*Based on last 30 days

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. Note: Some photos have been virtually staged to help visualize the home's possibilities.


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

Market Data - West London

Geo Zone Map ThumbnailWest London

Balanced Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

35 days

Compared to

2024

68 days

2023

26 days

2022

21 days

New Listings

Past 30 days

3 listings

Compared to

2024

13 listings

2023

6 listings

2022

7 listings

Units sold

Past 30 days

2 units

Compared to

2024

2 units

2023

4 units

2022

4 units

Median Sold Price

Past 30 days

$398,500

Compared to

2024

$575,000

2023

$543,530

2022

$534,950


Population and Demographics

Overview

Total population 24351
Average household income $83,663

Age (%)

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

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