$759,000
London North
25 SAUNBY Street, London North (North K), Ontario, N6G1A2
This 6-bedroom, 2-bathroom home in London North is for sale offering roughly 1,300 sq ft of space.
ATTENTION INVESTORS! Residential Rental Unit License (RRUL) in place! 6 LARGE BEDROOMS, 2 FULL BATHROOMS & ALL 6 BEDROOMS RENTED AT $750/MONTH, generating $4,500 in GROSS MONTHLY RENTAL INCOME! NEWLY INSTALLED GERMAN GALVANIZED METAL ROOF WITH A 50-YEAR WARRANTY! An outstanding opportunity to add this purposefully designed 6-bedroom raised bungalow to your investment portfolio. Built in 1995, this 2,319 sq. ft. all-brick home offers a functional 3+3 bedroom layout with spacious, open-concept living areas. Ideal for student rentals, multi-generational living, or long-term investment. All 6 oversized bedrooms comfortably accommodate a queen-size bed, desk, dresser, and additional furniture. The 3 lower-level bedrooms feature large windows, creating bright, comfortable living spaces. The main level offers a generous living room, separate dining area, and spacious eat-in kitchen, ideal for shared accommodations. Recent improvements include a brand new German galvanized metal roof, new laminate flooring throughout most of the home, fresh interior paint, carpet-free living spaces, and a new air conditioner (6 months old). Furnace (2015). The durable all-brick exterior, long-lasting metal roof, and low-maintenance lot with minimal grass to cut offer practical advantages for investors. The versatile layout also presents potential for future wheelchair accessibility. Conveniently located minutes from Western University, King's University College, University Hospital, downtown London, shopping, restaurants, parks, and public transit. Whether expanding your rental portfolio, purchasing for university-bound students, or planning for future family use, 25 SAUNBY STREET DELIVERS SPACE, LOCATION, RENTAL INCOME & SIGNIFICANT RECENT IMPROVEMENTS! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 104 days on market, against an average age of 51 days across the listings currently for sale in this city
This 6-bed single family in London North (North K) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $759,000, about 7.9× the local median household income of $96,000.
Carrying it typically needs a household income of about $148,259 (20% down, 25-yr amortization, stress-tested) — roughly 54% above the area median.
Source: Statistics Canada, 2021 Census (FSA N6G)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.