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MLS® X13880470
London, ON
Excellent investment opportunity in highly desirable and convenient London location, offering multiple income streams and significant rental upside. The property features a legal 4-unit residential building, with each apartment offering 3 bedrooms and 1 living room. Plus, a separate 2-bedroom, 1 living room house on the same property. The property is currently rented at approximately $500 per bedroom per month. Based on current rental demand and comparable accommodations in the area, market rents may be approximately $800 per bedroom per month, subject to market conditions, tenant demand, and applicable regulations. This represents meaningful potential for an investor to improve rental income over time through proper management and market positioning. The location is particularly attractive for a student and professional tenants, with a university, shopping, restaurants, public transit, and other amenities nearby. The property's multiple bedrooms, existing residential configuration and separate house provide excellent flexibility for rental income, owner occupancy, or multi-generational living. The property is currently zoned R8-4R3. . A rare opportunity to acquire a multi-unit property with a substantial existing accommodation, strong rental demand, and significant potential to increase income. An excellent option for investors seeking both current rental income and long-term appreciation and redevelopment potential.
Inclusions
All existing appliances and fixtures belonging to the seller and located at property, including fridges, stoves. All existing window covering, light fixtures and permanently installed equipment are included, as currently installed.
Exclusions
Tenants' personal belongings and personal property. Any items belonging to tenants are excluded. Any items specifically excluded in the Agreement of purchase and sale are excluded from this inclusion.
Broker
RIGHT AT HOME REALTY
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Duplex
59 Saunby Street N London
London North
Built
51-99
Type
Duplex
Basement
Half
Parking
None (5)
Property Tax
~$9,187/yr
Heating
Baseboard
Buying Essentials
Facing Direction
North
Parking
None (5)
Finances
List Price
$1,350,000
Property Tax
~$9,187/yr
Property Specs
Property Type
Duplex
Age of Building
51-99
Basement
Half
Living & Amenities
Heating Type
Baseboard
Features
Water Meter
Policies & Utilities
Neighbourhood
London North
Listed On
Oct 8, 2026
School
Days on Market
Current: 30 days
15.1 x 11.4
172 sqft
14.3 x 11.2
160 sqft
13.5 x 12.9
174 sqft
10.1 x 10.0
101 sqft
16.1 x 12.9
208 sqft
11.9 x 9.1
108 sqft
11.9 x 8.4
100 sqft
14.7 x 11.5
170 sqft
11.2 x 8.9
99 sqft
11.1 x 8.6
95 sqft
12.9 x 8.1
104 sqft
14.1 x 10.1
143 sqft
12.8 x 8.9
114 sqft
14.3 x 11.2
160 sqft
Rooms
14
Listed Room Area
1,908 sqft
Source
Estimated from MLS room dimensions
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