Home with brick exterior material, street for 7 Summit Ave, London North Ontario N6H 2G5
18 hours on Market

7 Summit Ave, London North, Ontario N6H 2G5

Detached
5
2
~1100-1500 sqft
$659,000
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Detached
5
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market18 hours

Estimated valueNot available

Price/Sqft$519/sqft

Monthly cost

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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.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~1100-1500 SqFt
Lot Size3,861 SqFt(127.33 x 30.33)
Parking Spaces3
MLS ®NumberX13004124
Community NameWest London
Data SourceTRREB
Listing bySUTTON GROUP - SELECT REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished

Main Floor

4th Br

3.05 x 4.11

Living

5.59 x 4.04

Dining

3.4 x 2.44

Kitchen

3.05 x 4.52


Features

Lot size: 3,861 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Apr 16, 2026
ListedActive
$659,000
18 hours on market
history photo preview16
Listing by trreb®
Property listed by SUTTON GROUP - SELECT REALTY, Brokerage
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Market Data - West London

Geo Zone Map ThumbnailWest London

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

24 days

Compared to

2025

29 days

2024

6 days

2023

40 days

New Listings

Past 30 days

8 listings

Compared to

2025

18 listings

2024

15 listings

2023

10 listings

Units sold

Past 30 days

8 units

Compared to

2025

7 units

2024

4 units

2023

9 units

Median Sold Price

Past 30 days

$561,490

Compared to

2025

$750,000

2024

$715,000

2023

$646,000


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