Gallery
50
$514,900

CindySEZ

$504,822

CindySEZ

$504,822

#102 - 40 Summit Avenue, London North
North N
5 Beds
3 Baths

MLS#X12341981

#102 - 40 Summit Avenue, London North

$514,900

North N
5 Beds
3 Baths

MLS#X12341981

CindySEZ

$504,822

CindySEZ

$504,822

Home DetailsFeaturesExterior FeatureRoomsSales History

Welcome to this updated 5-bedroom, 2.5-bath townhouse in North London. 102-40 Summit Ave is a prime opportunity for investors, students, or families seeking a flexible, low-maintenance lifestyle in a highly connected location. Boasting a projected 7.34% cap rate and potential rental income of $3,750/month, this property offers exceptional returns in one of the city's strongest rental markets. Inside, the bright open-concept main floor creates an inviting space for gathering and entertaining. The kitchen, filled with natural light, flows seamlessly into the living area with its durable LVP flooring which is ideal for high-traffic use. Upstairs, the large primary bedroom with double closets provides ample storage, while the additional bedrooms are well-sized and functional. The fully finished lower level adds even more value with two generous bedrooms, a full bathroom, and laundry facilities; perfect for maximizing rental potential or accommodating extended family. Outside, a private patio backs onto mature trees and green space, creating a peaceful retreat to relax or study. With thoughtful updates and a layout ideal for shared living, this turnkey property could deliver both immediate cash flow and long-term appreciation potential. The well-maintained complex is within walking distance to Cherryhill Mall, grocery stores, and parks, with quick access to Western University and all the amenities the area is known for. Opportunities like this don't last! Add a high-performing asset to your portfolio or move into a perfect family home today!

Home Details

Home Details

  • Category

  • Condo

  • Status

  • New

  • Days on Market

  • 32 Days

  • List date

  • 08/13/2025

  • Listing Updated On

  • 08/13/2025

  • Taxes / Year

  • $3,713 / 2024

  • Condo Fees

  • $350

  • Style

  • Condo Townhouse

  • Type

  • 2-Storey

  • #Stories (Build)

  • 1

Features

Features

Beds & Baths

  • Total Beds

  • 5

  • Baths

  • 3

Heating & Cooling

  • Heating Type

  • Baseboard

  • Air Conditioning

  • None

Parking & Garage

  • Total Parking

  • 1

  • Parking Type

  • Surface, Reserved/Assigned

Condo Features

  • Laundry

  • Y

  • Pets allowed

  • Restricted

Neighbourhood Influences

Neighbourhood Influences

Hospital
Place Of Worship
Public Transit
School
Library
Exterior Feature

Exterior Feature

Construction Details

  • Foundation Type

  • Concrete

  • Roof Material

  • Shingles

  • Exterior

  • Aluminum Siding, Brick

Condo Details

  • CCP# / Name

  • 60 / Lcc

Legal

  • Brokerage

  • Team Glasser Real Estate Brokerage Inc.

Rooms

Rooms

Main Floor

  • Bathroom

  • 0.9 / 2.07

  • Dining Room

  • 2.53 / 3.42

  • Living Room

  • 3.37 / 5.7

  • Foyer

  • 1.57 / 2.48

  • Kitchen

  • 2.43 / 3.1

Second

  • Bathroom

  • 2.34 / 1.47

  • Bedroom 2

  • 2.43 / 3.48

  • Primary Bedroom

  • 4.12 / 3.04

  • Bedroom

  • 2.4 / 3.42

Lower Floor

  • Laundry

  • 2.33 / 2.24

  • Bedroom 3

  • 4.91 / 3.3

  • Bedroom 4

  • 2.19 / 3.97

  • Bathroom

  • 1.75 / 1.61

Sales History

Sales History

Active

(32 days on market)

Viewing now

New

2025-08-13

Listed For Sale

$514,900

MLS# X12341981

#102 - 40 Summit Avenue
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Ottawa, ON
K1L 8K4


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