2 Saunby Street London North, Ontario N6G 1A1
$718,000
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. (id:49269)
Property Details
| MLS® Number | X13818204 |
| Property Type | Single Family |
| Community Name | North K |
| Community Features | School Bus |
| Easement | Unknown, None |
| Equipment Type | Water Heater |
| Features | Cul-de-sac, Irregular Lot Size, Conservation/green Belt |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater |
| View Type | City View, River View, View Of Water, Direct Water View |
| Water Front Name | Thames River |
| Water Front Type | Waterfront |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Age | 51 To 99 Years |
| Appliances | Dryer, Microwave, Stove, Washer, Refrigerator |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Concrete Block, Shingles |
| Fire Protection | Monitored Alarm |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,100 - 1,500 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Access Type | Year-round Access |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 151 Ft ,6 In |
| Size Frontage | 65 Ft ,8 In |
| Size Irregular | 65.7 X 151.5 Ft ; 49.60 Ft X 88.66 Ft X 22.93 Ft X 39.81 F |
| Size Total Text | 65.7 X 151.5 Ft ; 49.60 Ft X 88.66 Ft X 22.93 Ft X 39.81 F|under 1/2 Acre |
| Surface Water | River/stream |
| Zoning Description | R2-3 (2) |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bathroom | 2.97 m | 3.58 m | 2.97 m x 3.58 m |
| Lower Level | Living Room | 5.92 m | 4.09 m | 5.92 m x 4.09 m |
| Lower Level | Kitchen | 5.29 m | 2.94 m | 5.29 m x 2.94 m |
| Lower Level | Bedroom 4 | 3.27 m | 3.58 m | 3.27 m x 3.58 m |
| Lower Level | Bedroom 5 | 2.98 m | 3.58 m | 2.98 m x 3.58 m |
| Main Level | Living Room | 5.91 m | 3.93 m | 5.91 m x 3.93 m |
| Main Level | Kitchen | 5.66 m | 4.24 m | 5.66 m x 4.24 m |
| Main Level | Bathroom | 2.33 m | 1.99 m | 2.33 m x 1.99 m |
| Main Level | Primary Bedroom | 4.03 m | 4.38 m | 4.03 m x 4.38 m |
| Main Level | Bedroom 2 | 3.58 m | 3.16 m | 3.58 m x 3.16 m |
| Main Level | Bedroom 3 | 3.49 m | 3.16 m | 3.49 m x 3.16 m |
https://www.realtor.ca/real-estate/30316276/2-saunby-street-london-north-north-k-north-k
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September 23 2026 02:51:55
London and St. Thomas Association of REALTORS®
RE/MAX Centre City Realty Inc.