124-40 Summit Avenue Sold 2 days ago

London, North N, N6H 4S3

$499,000$000000

Description

Listed by BAY STREET GROUP INC..

Welcome to this beautifully renovated home, featuring 3+1 bedrooms, 2.5 bathrooms, and a host of modern upgrades. Perfectly situated near Western University, Cherryhill Village Mall, and Costco, this spacious residence was completely refreshed in 2024. The sleek, modern Ikea kitchen boasts all-new appliances, including a refrigerator, dishwasher, and stove (all 2024), along with chic new cabinetry. The bathrooms, also renovated in 2024, showcase stylish vanities and upgraded shower systems. Freshly painted walls throughout the home are complemented by thoughtfully designed accent walls, adding warmth and character. This property is an excellent investment opportunity, with low condo fees of just $350 per month and a remarkable rental income of $3,750 per month, providing steady and profitable returns. Move-in ready, this home offers the perfect blend of comfort and investment potential. Dont miss your chance to own this exceptional property!

Hot water tank is owned

Location

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  • Address: 124-40 Summit Avenue
  • Neighborhood: North N
  • City: London
  • State: Ontario
  • Postal Code: N6H 4S3

Property Details

  • Property ID: X9350503
  • Property Price: $499,000
  • Style: Condo Townhouse, 2-Storey
  • Sq/Ft: 1000-1199
  • Rooms: 11+1
  • Bedrooms: 3+1
  • Bath: 3
  • Parking Spaces: 1
  • Year Built: 31-50
  • Basement: Finished, Full
  • Den: Y
  • Elevator: N
  • Exterior: Brick
  • Heating: Baseboard
  • Fireplace: N
  • Taxes: $2,737.24 (2024)
  • Bld. Insurance Incl.: Y
  • Condo Corp.: London
  • Condo Corp #: 60
  • Exposure: N
  • Locker: None
  • Parking Type: Exclusive
  • Pets: N
  • Property Manager: LONDON CONDOMINIUM
  • # of stories: 1
  • Parking Incl.: Y
  • Water Incl.: Y
  • Maintenance: 350.00

Room details and dimensions

Statistics for similar Condo Townhouse condos in North N

The graph below compares the average list price and average sale price of condos in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Condo Townhouse condos in North N

The graph below illustrates the average days on market for condos in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Condo Townhouse condos in North N

Property History

This property has been sold 9 times before. To view this property's sale price history please sign in or register:


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  • Contact Manoj Kukreja

    Sales Representative, Re/max Premier Inc., Brokerage
    (647) 576 - 2100

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