Waterfront
Address
2 Saunby Street, London North, ON
Price
$ 718,000
Property Attributes
  • ID#X13818204
  • TypeSingle Family
  • Listing Status New
  • CityLondon North
  • AreaNorth K
  • NeighbourhoodNorth K
  • Postal CodeN6G 1A1
  • StyleBungalow
  • Taxes$ 6165
  • Price$ 718,000
  • Bedrooms6
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1100-1500
  • Lot Size0.25 Acres
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

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.

Price History
9/23/2026 Listed $718,000

General Features

Sewer Sewer
Cooling Central Air
Roof Asphalt Shingle
Architectural Style Bungalow
Pool Features None
Security Features Monitored
Construction Materials Concrete Block,Shingle
Waterview Direct
View Bridge,City,Forest,River,Trees/Woods,Water
Heater Type Forced Air
Parking Spaces 6
Property Subtype Detached
Tax Year 2026
Lot Depth 151.53
PropertyFeatures Cul de Sac/Dead End,Greenbelt/Conservation,River/Stream,School Bus Route,Waterfront
Waterfront Features Not Applicable
County Middlesex
New Construction No
Property Type Residential Freehold
Attached Garage No
Facing Direction North
Garage Y/N No
Status New
City London North
Body of Water Thames River
Disclosures Unknown
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 6165.79
Standard Status Active
Occupancy Type Owner+Tenant
Legal Description PART LOT 15 & 16,PLAN 43(W),DESIGNATED AS PART 1,33R20979 CITY OF LONDON

Interior Features

Interior Amenities Accessory Apartment,In-Law Capability
Basement Full,Finished
Heat Source Gas
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 6
Elevator? No
Total Baths 2
Bedrooms 6
Living Area Range 1100-1500

Exterior Features

Waterfront Indirect
Parking Features Private Double
Total Parking 6.0
Garage Type None
Foundation Details Concrete Block
Spa No
Waterfront Y/N Yes
Covered Spaces 0.0

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in N6G 1A1

Price
AVG $720K
$720K
Taxes
AVG $6,165
$6,165

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