102 - 40 SUMMIT Avenue

London

102 - 40 SUMMIT Avenue
102 - 40 SUMMIT Avenue
102 - 40 SUMMIT Avenue
+47
5
 bed
3
 bath
1
 parking
900 - 999
 sqft
Condo Townhouse
$514,900
For Sale
5 days
 on site
$514,900
Click to open the pre-gallery to get the direction
Maintenance fees
$350.00
Locker
None
Exposure
E
Possession
Immediate
Price per sqft
$515 - $572
Taxes
$3,713 (2024)
Outdoor space
-
Age of building
-
See what's nearby
Description
Welcome to this updated 5-bedroom, 2.5-bath townhouse in North London. 102-40 Summit Ave is a prime opportunity for investors, students, or families seeking a flexible, low-maintenance lifestyle in a highly connected location. Boasting a projected 7.34% cap rate and potential rental income of $3,750/month, this property offers exceptional returns in one of the city's strongest rental markets. Inside, the bright open-concept main floor creates an inviting space for gathering and entertaining. The kitchen, filled with natural light, flows seamlessly into the living area with its durable LVP flooring which is ideal for high-traffic use. Upstairs, the large primary bedroom with double closets provides ample storage, while the additional bedrooms are well-sized and functional. The fully finished lower level adds even more value with two generous bedrooms, a full bathroom, and laundry facilities; perfect for maximizing rental potential or accommodating extended family. Outside, a private patio backs onto mature trees and green space, creating a peaceful retreat to relax or study. With thoughtful updates and a layout ideal for shared living, this turnkey property could deliver both immediate cash flow and long-term appreciation potential. The well-maintained complex is within walking distance to Cherryhill Mall, grocery stores, and parks, with quick access to Western University and all the amenities the area is known for. Opportunities like this don't last! Add a high-performing asset to your portfolio or move into a perfect family home today!
Broker: TEAM GLASSER REAL ESTATE BROKERAGE INC.
MLS®#: X12341981
Property details
Neighbourhood:
London
Parking:
Yes
Parking type:
Owned
Property type:
Condo Townhouse
Heating type:
Baseboard
Style:
2-Storey
Ensuite laundry:
Yes
MLS Size:
900-999 sqft
Listed on:
Aug 13, 2025
Show all details
Rooms
NameSizeFeatures
Bathroom
6.8 x 3.0 ft
Bathroom
4.8 x 7.7 ft
Laundry
7.3 x 7.6 ft
Show all
Instant estimate:
orto view instant estimate
$20,293
higher than listed price
i
High
$556,644
Mid
$535,193
Low
$515,360
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Included in Maintenance Fees

Water
68 - 1478 Adelaide Street N N
1/46
$524,000
61 days
68 - 1478 Adelaide Street N N
2+1BD
3BA
2 Parking
900-999 sqft
Maint. Fee $360
MLS#: X12227582
KELLER WILLIAMS LIFESTYLES
61 days

About 102 - 40 SUMMIT Avenue

Located at 102 - 40 Summit Avenue, this London condo is available for sale. It has been listed at $514900 since August 2025. This 900-999 sqft condo has 5 beds and 3 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this condo.

Getting around the area will require a vehicle, as there are no nearby transit stops.