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2 Saunby Street, London North, ON N6G 1A1

London North, N6G 1A1

$718,000
6
Bedrooms
2
Bathrooms

About This Home

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.

Facts & Features

MLS® Number X13818204
Price $718,000
Property Type Detached
Style Bungalow
Bedrooms 6 above grade, 0 below grade
Bathrooms 2
Lot Size 65.72 ft × 151.53 ft
Parking Total 6
Garage / Covered Spaces 0
Annual Property Taxes $6,166
City London North
Listing Brokerage RE/MAX CENTRE CITY REALTY INC.

Location

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Based on this home's list price of $718,000.

20.0% down payment

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Justin Skrypnyk
Justin Skrypnyk
Real Estate Broker
Sutton Group Chapman Realty Inc., Brokerage

This listing is courtesy of RE/MAX CENTRE CITY REALTY INC.. Justin Skrypnyk can arrange a private showing or answer questions as your buyer's representative.

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2 Saunby Street, London North, ON N6G 1A1

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