Just Listed
Address
2 Saunby Street, London North (North K), ON
Price
$ 718,000

Your Agent

Alexis Patterson

Sales Representative

905-321-4777


Listing provided by Alexis Patterson, Sales Representative, The Karen Neumann Team

Property Attributes
  • ID#X13818204
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityLondon North (North K)
  • CityLondon North (North K)
  • AreaNorth K
  • NeighbourhoodNorth K
  • Postal CodeN6G 1A1
  • StyleBungalow
  • Price$ 718,000
  • Bedrooms6
  • Bathrooms2
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

DUPLEX ON THE THAMES RIVER!!! Exceptional investment opportunity with strong multi-unit income potential. This well-appointed duplex bungalow features a fully finished lower level and an outstanding location near downtown London and Western University. Residents enjoy convenient access to a wide range of amenities within walking distance, along with nearby public transit at Oxford Street and Western Road. The property also borders the Thames River and offers beautiful views of the river, Gibbons Park, and London's iconic Thames-Oxford Railway Bridge. The main level features three spacious bedrooms, a full kitchen, and a complete bathroom. The lower unit offers an additional three bedrooms, a separate full kitchen, and a full bathroom-providing versatile rental options and comfortable living space for tenants. Previously generating more than $51,000 in annual net income, based on rental income of approximately $717 per bedroom per month plus utilities, this property is designed for efficient cash flow. Both units are separately metered for hydro, while gas heating and water costs are shared between the tenants. With its rare riverfront setting, flexible layout, and proximity to downtown and Western University, this is a unique turnkey investment opportunity offering excellent long-term value. Don't miss your chance to own one of London's most distinctive income properties. (id:7434)

General Features

Features Cul-de-sac, Irregular lot size, Conservation/green belt
Easement Unknown, None
Community Features School Bus
Property Type Single Family
Zoning Description R2-3 (2)
CommunityName North K
Building Age 51 to 99 years
Building Appliances Dryer, Microwave, Stove, Washer, Refrigerator
Building Architectural Style Bungalow
Building Cooling Type Central air conditioning
Location Description Cross Streets: Gunn Street. ** Directions: NORTH OFF OXFORD AND EAST OFF OF GUNN STREET.
Parking Space Total 6
Foundation Type Block
Building Type House
Ownership Type Freehold
Building.StoriesTotal 1

Interior Features

Building Fireplace Present False
Building Heating Type Forced air
Building Heating Fuel Natural gas
Basement Development Finished
Basement Type Full (Finished)
Construction Style Attachment Detached
Living Area Range 1100
Bedrooms 6

Exterior Features

Water Front Name Thames River
Water Front Type Waterfront
ViewType City view, River view, View of water, Direct Water View
Sewer Sanitary sewer
Exterior Finish Concrete Block, Shingles

Room Details

Room Dimensions Level Flooring Details
Bathroom 2.33 m x 1.99 m Main level 1.99 m
Bedroom 2 3.58 m x 3.16 m Main level 3.16 m
Bedroom 3 3.49 m x 3.16 m Main level 3.16 m
Bedroom 4 3.27 m x 3.58 m Lower level 3.58 m
Bedroom 5 2.98 m x 3.58 m Lower level 3.58 m
Kitchen 5.66 m x 4.24 m Main level 4.24 m
Living room 5.91 m x 3.93 m Main level 3.93 m
Primary Bedroom 4.03 m x 4.38 m Main level 4.38 m

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in N6G 1A1

Price
AVG $720K
$720K

Your Agent

Alexis Patterson

Sales Representative

905-321-4777


Listing provided by Alexis Patterson, Sales Representative, The Karen Neumann Team

Listed By
RE/MAX CENTRE CITY REALTY INC.

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