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40 Summit Ave
Unit 124
London | North N | N6H 4S3- 3 + 1
- 3
- 0
Ask: $525,000 $499,000
-
Days on market
18
-
Status
Pc
Home details
- MLS #:
X9350503
- Property type:
- Condo Townhouse
- Style:
- 2-Storey
- Taxes:
- $2,737
- Possession:
- flexible
- Locker:
- None
- View:
- N
- Maintenance:
- $350
- Management:
- LONDON CONDOMINIUM
- SQFT:
- 1000-1199
Description
40 Summit Ave, 124, London, Ontario is a Condo Townhouse property in London and in the North N community in the N6H 4S3 postal code
Welcome to this beautifully renovated home, featuring 3+1 bedrooms, 2.5 bathrooms, and a host of modern upgrades. Perfectly situated near Western University, Cherryhill Village Mall, and Costco, this spacious residence was completely refreshed in 2024. The sleek, modern Ikea kitchen boasts all-new appliances, including a refrigerator, dishwasher, and stove (all 2024), along with chic new cabinetry. The bathrooms, also renovated in 2024, showcase stylish vanities and upgraded shower systems. Freshly painted walls throughout the home are complemented by thoughtfully designed accent walls, adding warmth and character. This property is an excellent investment opportunity, with low condo fees of just $350 per month and a remarkable rental income of $3,750 per month, providing steady and profitable returns. Move-in ready, this home offers the perfect blend of comfort and investment potential. Dont miss your chance to own this exceptional property!.
Extras
Hot water tank is owned.
History
Sign in for full access| List Date | End Date | List Price | End Price | Status | MLS # |
| 2024-09 | 2024-09 | $525,000 | $499,000 | Pc | X9350503 |
| 2020-04 | 2024-02 | $370,000 | $365,000 | Sld | X7777813 |
| 2016-02 | 2024-01 | $169,900 | $169,900 | Sld | X7605654 |
| 2016-01 | 2024-01 | $189,900 | $189,900 | Ter | X7438595 |
| 2012-07 | 2024-01 | $175,000 | $161,360 | Sld | X7561286 |
| 2006-03 | 2024-01 | $136,900 | $133,800 | Sld | X7498548 |
| 1998-06 | 2024-02 | $69,900 | $65,000 | Sld | X7726175 |
| 1992-04 | 2024-02 | $12,480 | $12,480 | Lsd | X7734066 |
Comparables
Sign in for full access| sold Date | Address | List Price | sold Price | DOM |
| 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 :
Municipality activity All Property Types
Sale activity
London :
Estimated running costs for 40 Summit Ave - 124
Based on available 3rd party data
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
- $228 p/m
- Maintenance
- $350 p/m
Amenities:
Features:
Payment calculator
-
Principal and Interest
1692 /mo
-
Property Taxes
$228 /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 Brokerage
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