Sold

40 Summit Ave Unit# 124, London, Ontario N6H 4S3

$499,000 $487,000

40 Summit Ave Unit# 124, London, Ontario N6H 4S3 is Sold and has a listing price of 499,000. The property is located in the West London neighbourhood. It's been on the website for 233 Days.

  • Condo Townhouse
    Property Type
  • Residential
    Building Type
  • 3
    Bedrooms
  • 3
    Bathrooms
  • 1
    Parking Spaces
  • MLS ID: 27417617
  • Office Name BAY STREET GROUP INC.
Property Description

Welcome to this beautifully renovated home, featuring 3+1 bedrooms, 2.5 bathrooms, and a host of modern upgrades. Perfectly situated near Western University, Cherryhill Village Mall, and Costco, this spacious residence was completely refreshed in 2024. The sleek, modern Ikea kitchen boasts all-new appliances, including a refrigerator, dishwasher, and stove (all 2024), along with chic new cabinetry. The bathrooms, also renovated in 2024, showcase stylish vanities and upgraded shower systems. Freshly painted walls throughout the home are complemented by thoughtfully designed accent walls, adding warmth and character. This property is an excellent investment opportunity, with low condo fees of just $350 per month and a remarkable rental income of $3,750 per month, providing steady and profitable returns. Move-in ready, this home offers the perfect blend of comfort and investment potential. Dont miss your chance to own this exceptional property!

Property Details
  • Bedrooms: 3
  • MLS ID: 27417617
  • Bathrooms: 3
  • Price: $499,000
  • Transaction Types: Sold
  • Ref ID: 27417617
  • Year Built: N/A
  • Approx Sqft: 1000-1199
  • Bonus Room: 1
  • Dir / Cross St: Oxford St &Wharncliffe Rd
  • Status: U
  • Tax Year: 2024
  • Approx Age: 31-50
  • Rooms: 1
  • Maintenance: 350
  • Municipality District: London
  • Building Type: Residential
  • Property Type: Condo Townhouse
  • Property Type: All Houses
  • Property Sub Category: Att/row/twnhouse
Price History
List Date MLS ID List Price Status End Date Closed Price
09/16/2024 X9350503 $499,000 Sold 10/29/2024 $487,000
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Bedroom - Second 4.19 m x 2.97 m
Bedroom 2 - Second 4.14 m x 2.31 m
Bedroom 3 - Second 3.27 m x 2.36 m
Bathroom - Second 2.46 m x 1.86 m
Bathroom - Basement 1.86 m x 1.69 m
Laundry room - Basement 2 m x Measurements not available
Family room - Basement 6.01 m x 3.81 m
Bedroom - Basement 4.8 m x 3.27 m
Kitchen - Ground 2.97 m x 2.36 m
Dining room - Ground 3.27 m x 1.75 m
Living room - Ground 5.71 m x 3.22 m
Bathroom - Ground 1.26 m x 0.85 m
Neighborhood Stats
West London
  • $621,480 Average List Price
    based on 1 year
  • 3 New Listings
    based on 30 days
  • 32 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.17 % Up
  • Sold (12mo) 84
  • Rented (12mo) 28

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    75.96%
  • Commercial
    13.4%
  • Condo
    10.64%
Additional Details
Extras

Hot water tank is owned

  • Heat Type Baseboard
  • Heat Source Electric
  • Style 2-storey
  • Washroom Type1: 1
  • Basement2 Full
  • Parking Spaces: 1
  • Exterior Brick
  • Total Parking Spaces: 1
  • Water Included Y
  • Basement Finished
  • Kitchen Y
  • Parking Y
  • Family Room: Y
  • Area Code: 42
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 2
  • Washrooms Type 3 # Pcs: 3
  • Washrooms Type 4 # Pcs: N/A
  • Washrooms Type 5 # Pcs: N/A
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: N/A
  • Washrooms Type 5: N/A
  • Taxes: $2,737
  • Sold Date: 28/10/2024
  • Last Status Sld
  • Original Price: $525,000
  • Sold Price: $487,000
  • Addl Monthly Fees: $0
  • Days On Market2: 43
  • Type: .t.
  • % Listing Price: 98
  • Possession Remarks: flexible
  • Listing Entry Date: 15/09/2024 23:01:49
  • First Open House Date:
  • Possession Date: 14/10/2024 00:00:00
  • Condo Registry Office: London
  • Locker: None
  • Property Mgmt Co: LONDON CONDOMINIUM
  • Building Insurance Included: Y
  • Condo Corp#: 60
  • Agent Name: YONGBIN ZHAO
  • Closed Date: 21/01/2025
  • Last Updated: 29/10/2024 08:21:05
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