NEW! Buy and sell safely with virtual options - Learn More
About the Listing 10004700 -
Excellent investment opportunity in highly desirable and convenient London location, offering multiple income streams and significant rental upside. The property features a legal 4-unit residential building, with each apartment offering 3 bedrooms and 1 living room. Plus, a separate 2-bedroom, 1 living room house on the same property. The property is currently rented at approximately $500 per bedroom per month. Based on current rental demand and comparable accommodations in the area, market rents may be approximately $800 per bedroom per month, subject to market conditions, tenant demand, and applicable regulations. This represents meaningful potential for an investor to improve rental income over time through proper management and market positioning. The location is particularly attractive for a student and professional tenants, with a university, shopping, restaurants, public transit, and other amenities nearby. The property's multiple bedrooms, existing residential configuration and separate house provide excellent flexibility for rental income, owner occupancy, or multi-generational living. The property is currently zoned R8-4R3. . A rare opportunity to acquire a multi-unit property with a substantial existing accommodation, strong rental demand, and significant potential to increase income. An excellent option for investors seeking both current rental income and long-term appreciation and redevelopment potential.
Listing Highlights for 59 Saunby St N
Interior Details
- Bedrooms: 14
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Electric
- Fireplaces:
- Floor:
- Basement: Half
- Other: Water Meter,5 Kitchens
- Water: Water System
Exterior Details
- Garage Capacity: 1 car
- Roof: Asphalt Rolled,Asphalt Shingle
- Others: Privacy,School
- Sewer: Sewer
- Parking Features: Private,No Garage
Financial Details
- Tax Amount: $9,187
- Taxes w/Assessments: N/A
- Tax/Property ID: 082470040
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
59 Saunby St N London, ON N6G 1A4
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of
