36 - 40 Summit Avenue, London North, ON N6H 4S3
North N, London North · Near Platt's Lane and Oxford St · View map
About this home
Built for income, not for chasing rent. This fully tenanted, furnished 5-bedroom condo townhouse offers a turnkey option for investors looking to add to their rental portfolio, or for parents planning ahead for a child attending Western. Offering approx. 1,496 sq ft across three levels, the layout was designed with shared living in mind. There are five bedrooms, 2.5 bathrooms and in unit laundry. The kitchen includes full size fridge and freezer units, an additional fridge, dishwasher and microwave. Full-size laundry is located on the lower level. Recent updates include luxury vinyl plank flooring throughout the main floor and hallways, new kitchen cabinetry including a large custom pantry unit, ceramic tile backsplash, LED pot lighting, and new stove, dishwasher and microwave in 2026. Bedroom laminate flooring was completed between 2022 and 2024, and kitchen and bathroom plumbing has been updated. Electric baseboard heating is individually controlled by thermostats in each room. The home has a 200-amp electrical panel, updated in 2015. Roof, doors and windows are maintained by the condo corporation giving you peace of mind for the large items. Monthly condo fees are $350 and include water. Furniture is included. Fully tenanted and already set up for shared accommodation, this is an opportunity to step into an established rental property without starting from scratch. Whether you're growing your portfolio or buying ahead for your student's years at Western, this one is already working. Numbers available upon request.
The home
- Type
- Condo townhouse
- Style
- Stacked Townhouse
- Square footage
- 900-999 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 2
- Bathrooms
- 3
- Kitchens
- 1
- Rooms
- 8
- Basement
- Full
- Faces
- South
- Level
- 1
- Laundry
- Electric Dryer Hookup, Washer Hookup, In Bathroom, In Basement
- Approximate age
- 31-50 years
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $350.00/mo
- Fee includes
- Water, Common Elements
- Complex
- LCC 60
- Property management
- Summit Properties
- Pets
- Allowed, with restrictions
- Exterior
- Aluminum Siding, Brick
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Fireplace
- No
Garage & parking
- Total parking
- 1
Taxes & other
- Property taxes
- $2,967/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Platt's Lane and Oxford St
- Neighbourhood
- North N
More
- Price per sq ft
- ~$558 (at 950 sq ft)
- MLS® number
- X13824274
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The home and its surroundings
- Separate Heating Controls
- Separate Hydro Meter
Included in the maintenance fee
- Water
- Common Elements
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
40 Summit Avenue, London North, ON N6H 4S3
North N, London North · Near Platt's Lane and Oxford St
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Listing history for 40 Summit Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 36 - 40 Summit Avenue
Answers come straight from this home’s MLS® listing.
How much is 36 - 40 Summit Avenue listed for, and what would it cost each month?
36 - 40 Summit Avenue is listed for $529,888. With 20% down ($105,978), the mortgage payment would be roughly $2,137 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $2,735 a month, all in. That figure is an illustration, not a quote.
Is 36 - 40 Summit Avenue freehold or a condo, and is there a monthly fee?
36 - 40 Summit Avenue is a condo townhouse in North N, London North. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $350.00 a month. The listing says it covers water, common elements. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does 36 - 40 Summit Avenue have?
36 - 40 Summit Avenue has 3 bedrooms, plus 2 more bedrooms in the basement, and 3 bathrooms. The listing gives the style as stacked townhouse.
Does 36 - 40 Summit Avenue have a garage and parking?
The listing does not show a garage. In total the listing counts 1 parking space.
Does 36 - 40 Summit Avenue have a finished basement?
The listing describes the basement as full. It counts 2 bedrooms on that level.
What style of home is 36 - 40 Summit Avenue?
36 - 40 Summit Avenue is a condo townhouse. A condo townhouse is a townhouse in a condominium complex: you own the home and share the upkeep of the grounds and exterior through a monthly fee.
How big is 36 - 40 Summit Avenue?
The listing puts the home between 900 and 999 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is 36 - 40 Summit Avenue heated and cooled?
Heating is baseboard (electric). The listing does not show air conditioning.
What are the property taxes for 36 - 40 Summit Avenue?
Property taxes are $2,967 a year (2025), or about $247 a month.
Are pets allowed at 36 - 40 Summit Avenue?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is 36 - 40 Summit Avenue?
36 - 40 Summit Avenue is in the North N community of London North. The nearest main intersection is Platt's Lane and Oxford St. The postal code is N6H 4S3.
Is 36 - 40 Summit Avenue still for sale?
Yes. It is an active listing (MLS® X13824274). Listings here update from the board through the day and come down once a home sells.
What are similar condos near 36 - 40 Summit Avenue asking?
Similar condos for sale nearby right now include 45 - 1241 Beaverbrook Avenue at $499,900 (2+1 bed), 72 - 1241 Beaverbrook Avenue at $499,900 (2+2 bed) and 136 - 1960 Dalmagarry Road at $529,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 40 Summit Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 36 - 40 Summit Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar condos nearby
More condos for sale near North N, picked by style, size and price.
Condo townhouse$499,90045 - 1241 Beaverbrook Avenue, London North2+1 bed · 3 bath · North NCourtesy of: KELLER WILLIAMS LIFESTYLESView home →
Condo townhouse$499,90072 - 1241 Beaverbrook Avenue, London North2+2 bed · 3 bath · North NCourtesy of: PC275 REALTY INC.View home →
Condo townhouse$529,900136 - 1960 Dalmagarry Road, London North3 bed · 3 bath · North ECourtesy of: SUTTON GROUP PREFERRED REALTY INC.View home →Courtesy of: THRIVE REALTY GROUP INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.