For saleMLS® X13824274
40 Summit Avenue, Unit 36
London, N6H 4S3
$529,888
- Bedrooms
- 3 + 2
- Bathrooms
- 3
- Interior
- 900-999 ft²
- Type
- Condo townhouse
About this home
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. 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.
Property details
- Property type
- Condo Townhouse
- Ownership
- Condominium
- Style
- Stacked Townhouse
- Age
- 31-50 years
- Property taxes
- $2,967 (2025)
- Condo fees
- $350 a month
- Fees include
- Water Included, Common Elements Included
- Heating
- Baseboard, Electric
- Basement
- Full
- Parking
- 1 space
- Time on market
- 39 days on market
Features
Inside
- Separate Heating Controls
- Separate Hydro Meter
Outside
- Aluminum Siding
- Brick
Rooms
Measurements are deemed reliable but not guaranteed.
| Room | Level | Size | Details |
|---|---|---|---|
| Kitchen | Main | 10' 1" × 18' 9" | |
| Dining Room | Main | 8' 1" × 10' 7" | |
| Bedroom | Main | 8' 2" × 14' 2" | |
| Bathroom | Main | 2' × 5' 5" | 2 Pc Bath |
| Foyer | Main | 5' 10" × 9' 1" | |
| Primary Bedroom | Upper | 16' 4" × 9' 7" | |
| Bedroom 2 | Upper | 7' 9" × 11' 7" | |
| Bedroom 3 | Upper | 8' 2" × 10' 2" | |
| Bathroom | Upper | 6' 9" × 7' 5" | 3 Pc Bath |
| Bedroom 4 | Ground | 10' 1" × 11' 11" | |
| Bedroom 5 | Ground | 16' 4" × 11' 2" | |
| Bathroom | Ground | 6' 9" × 7' | 3 Pc Bath |
Location
Thinking about the area? Read my guide to London.
Estimate your payment
20% down. The minimum on this price is $27,989.
Your monthly payment
$2,346
- Mortgage amount
- $423,910
- Interest over the amortization
- $279,958
An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.








