40 Summit Ave

Unit 110

London | North N | N6H 4S3
  • 3 + 1
  • 3
  • 1

$499,000

Est. Mtg $1,692 /mo
  • Days on market

    52

  • Status

    New

Listing Broker ROYAL LEPAGE SIGNATURE REALTY
Since listed: 1 views

Home details

MLS #:

X9385844

Property type:
Condo Townhouse
Style:
2-Storey
Taxes:
$2,615
Possession:
VACANT
Locker:
None
View:
N
Maintenance:
$350
Management:
Summit Properties
SQFT:
1600-1799

Description


40 Summit Ave, 110, London, Ontario is a Condo Townhouse property in London and in the North N community in the N6H 4S3 postal code


Attention First Time Buyers & Investors! Welcome to 40 Summit Ave #110 a newly updated 3-bedroom+1, 3-bathroom condo townhouse, perfect for families or investors. The main and Lower floor boasts New Vinyl flooring, an open-concept living and dining space, and a modern kitchen featuring New Quartz countertops, sleek cabinetry, and stainless steel appliances. Step through onto your Patio which Backs onto a tranquil green space, perfect for outdoor relaxation. The second floor offers three spacious bedrooms and renovated 4-piece bath. The finished basement includes 1 bedroom, a full bath, laundry, and a large Rec room for a 5th bedroom with the ability to add an Egress Window. This well-maintained complex features low condo fees, nearly 1700 sqft of living space. Conveniently located near Western University, shopping, schools, and transit routes. Excellent student Rental Potential @ approx. 800-900/room! Don't Miss out!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-10 2024-10 $499,000 $499,000 New X9385844
2024-09 2024-10 $524,500 $524,500 Ter X9350321
2018-08 2024-02 $269,900 $257,000 Sld X7753313
2014-07 2024-01 $189,000 $189,000 Ter X7434327
2002-05 2024-02 $99,900 $99,000 Sld X7740712
1991-01 2024-02 $118,900 $117,500 Sld X7733238
1987-10 2024-02 $79,900 $79,500 Sld X7732247

Comparables

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sold Date Address List Price sold Price DOM
2024-10 40 Summit Ave, 124 $499,000 $487,000 43
2024-09 505 Proudfoot Lane, 23 $455,000 $450,000 66
2024-07 499 Teeple Terr, 7 $539,000 $537,500 9
2024-06 505 Proudfoot Lane, 3 $509,900 $507,000 14
2024-04 505 Proudfoot Lane, 20 $519,900 $510,000 54
2024-04 505 Proudfoot Lane, 28 $539,900 $520,000 24
2023-10 40 SUMMIT Ave, 106 $499,900 $480,000 70
2023-05 40 SUMMIT Ave, 18 $499,900 $490,000 79
2023-04 40 SUMMIT Ave, 88 $567,900 $558,000 20
2022-11 505 PROUDFOOT Lane, 1 $564,900 $521,000 20

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Condo Townhouse

Sale activity

London :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

London :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 40 Summit Ave - 110

Based on available 3rd party data

$2394

Approximate costs per month

Mortgage
$1692 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$217 p/m
Maintenance
$350 p/m

Amenities:

Features:

  • Place Of Worship
  • Public Transit
  • School
Listing Broker ROYAL LEPAGE SIGNATURE REALTY
Data Source: TRREB

Payment calculator

$2259 monthly. In association with: TD Bank
%
  • Principal and Interest
    1692 /mo
  • Property Taxes
    $217 /mo
  • Yearly Condo Fees
    $350

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Raymond Chin, Realtor

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