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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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40 Summit Avenue #36 London
For SaleLondon North

40 Summit Avenue #36 London, Condo Townhouse for Sale

MLS® X13824274

London, ON

44 days on market
$529,888
Show on Map
Show on Map
5Beds
3Baths
950Sqft
1Parking
Pet Friendly
Condo Townhouse

Overview· 40 Summit Avenue #36 London

MLS® #X13824274

Built for income, not for chasing rent. This fully tenanted, furnished 5-bedroom condo townhouse offers a turnkey option for investors looking to add to their rental portfolio, or for parents planning ahead for a child attending Western. Offering approx. 1,496 sq ft across three levels, the layout was designed with shared living in mind. There are five bedrooms, 2.5 bathrooms and in unit laundry. The kitchen includes full size fridge and freezer units, an additional fridge, dishwasher and microwave. Full-size laundry is located on the lower level. Recent updates include luxury vinyl plank flooring throughout the main floor and hallways, new kitchen cabinetry including a large custom pantry unit, ceramic tile backsplash, LED pot lighting, and new stove, dishwasher and microwave in 2026. Bedroom laminate flooring was completed between 2022 and 2024, and kitchen and bathroom plumbing has been updated. Electric baseboard heating is individually controlled by thermostats in each room. The home has a 200-amp electrical panel, updated in 2015. Roof, doors and windows are maintained by the condo corporation giving you peace of mind for the large items. Monthly condo fees are $350 and include water. Furniture is included. Fully tenanted and already set up for shared accommodation, this is an opportunity to step into an established rental property without starting from scratch. Whether you're growing your portfolio or buying ahead for your student's years at Western, this one is already working. Numbers available upon request.

Inclusions

2 oversize fridges, electric stove, dishwasher, microwave, washer, dryer, 5 beds, 5 desks, 5 chairs, couch, dining table and chairs

Exclusions

Tenant Possessions

Broker

THRIVE REALTY GROUP INC.

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Walk Score®74Very WalkableVery Walkable
Transit Score®64Good TransitGood Transit
Bike Score®71Very BikeableVery Bikeable
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Safety—Crime data covers Toronto onlyCrime data covers Toronto only
Pet Friendly100Pets are Welcome

Highlights & Amenities· 40 Summit Avenue #36 London

Source: MLS® listing data
40 Summit Avenue #36 London

Condo Townhouse

40 Summit Avenue #36 London

London North

Built

31-50

Type

Condo Townhouse

Basement

Full

Parking

None (1)

Property Tax

~$2,967/yr

Heating

Baseboard

Laundry

Electric Dryer Hookup, Washer Hookup, In Bathroom, In Basement

Buying Essentials

Maintenance Fee

$350/mo

Fee Includes

Water · Common Elements

Square Feet

950 sqft

Parking

None (1)

Locker

None

Finances

List Price

$529,888

Price per SQFT

$558/sqft

Property Tax

~$2,967/yr

Property Specs

Property Type

Condo Townhouse

MLS Size

950 sqft

Age of Building

31-50

Exposure

South

Outdoor Space

None

Basement

Full

Living & Amenities

Laundry

Electric Dryer Hookup, Washer Hookup, In Bathroom, In Basement

Heating Type

Baseboard

Features

Separate Heating Controls · Separate Hydro Meter · Other

Policies & Utilities

Pets Allowed

Yes-with Restrictions

Neighbourhood

London North

Corp #

LCC 60

Property Manager

Summit Properties

Listed On

Sep 24, 2026

Price & Listing History

Days on Market

Current: 44 days

0306090120+

Rooms

Room information is not available for this listing.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$2,131/mo
Property Tax$247/mo
Total Monthly$2,379

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0