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Renanza Realty
For sale

2 SAUNBY STREET

London North (North K), Ontario

MLS® X13818204

$718,000

Status
Active
Property type
House
MLS® number
X13818204
Bedrooms
6
Bathrooms
2
Year built
—

Listing 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.

Property summary

MLS® number
X13818204
Property type
Single Family
Building type
House
Title
Freehold
Land size
65.7 x 151.5 FT ; 49.60 ft x 88.66 ft x 22.93 ft x 39.81 f
Annual property taxes
$6,165.79
Parking
6 spaces · No Garage
Days on market
4 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, Full
Appliances
Washer, Refrigerator, Stove, Dryer, Microwave
Exterior features
Concrete Block, Shingles
Lot features
Cul-de-sac, Irregular lot size, Conservation/green belt
Community features
School Bus
View
City view, River view, View of water, Direct Water View
Waterfront
Waterfront
Architectural style
Bungalow

What would this home cost you?

Based on the $718,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,341 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX CENTRE CITY REALTY INC., LONDON.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.