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Property 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.
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Property Features
Water Heater Owned
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Property Details
Address
7 Summit Avenue
Community
City
Postal Code
N6H 2G5
Property Type
Detached, Detached
Zoning
R2-2
Lot Size
30' x 127'
Taxes
$5,817 (2025
Basement
Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Sutton Group - Select Realty
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