#7- 51 Summit Ave
SOLD | $419,900
About the Property
If you don’t like the idea of buying a house that starts paying you immediately, you might want to click next. If you’re looking for an unmatched turnkey income property, read on. Located off Oxford Street near Platt’s Lane, this townhome can serve students at Western or Fanshawe. Extensively reno’d, everything looks new. The open main level includes tons of living and dining space plus access to a balcony, and the large kitchen has new cabinets, flooring and stainless appliances. Plus there’s no carpet to be found: all flooring is newer laminate and ceramic. Besides offering walkout access to a courtyard, the lower level also has a kitchenette. With laundry on the main floor students can have defined spaces. 6 beds, 2.5 baths and zero condo fees (freehold!) make this an awesome income opportunity. 5 of the 6 bedrooms are rented at $2,465/month total until April ’21 with the potential to add another tenant at $535/month. This unit is located close to everything by foot (Cherryhill Mall) or transit, and is a can’t miss opportunity for an awesome rental property that starts paying instantly!
MLS#: 271023
Lindsay Reid, Broker
Royal LePage Triland Realty, Brokerage
Independently Owned & Operated
519-672-9880
lindsayreid@royallepage.ca
www.theCommunityTeam.ca
Details on awards and award levels can be found at www.royallepage.ca. Info presented herein deemed to be correct but not proven, for marketing purposes only. Info and dimensions (approx) should be verified. Independently Owned & Operated. Not intended to solicit clients under contract with another brokerage.
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Price: $419,900
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Number of Bedrooms: 6
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Number of Bathrooms: 2.5
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Type of Property: Attached/Row (FREEHOLD)
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Neighbourhood: West London
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Taxes: $2,922/ 2019
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Parking: 2 Spots/ Front Yard
Interior Features: Fire Alarm System, Main Floor Laundry, Multiple Kitchens, Smoke Detector
Basement: Full/ Fully Finished/ Walk-Out
Heat Primary/Sec: Forced Air-Gas
HVAC: None
Under Contract/Rental Items: Hot Water Tank
Lot Irregularities: 124.48 ft x 17.57 ft x 124.63 ft x 17.57 ft
Exterior Finish: Brick, Vinyl Siding
Exterior Features: Balcony, Patio(s)
Site Influences: Park, Place of Worship, Playground Nearby, Public Transit, Schools, Shopping Nearby
Inclusions: Dishwasher, Dryer, Refrigerator, Stove, Washer, Built-in Microwave second fridge in kitchen, fridge in lower level, common area furniture
Exclusions: Tenants Belongings