Listed for:Listed 24 days ago
$718,000

2 Saunby Street

London (North K), ON N6G 1A1

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 2 Saunby Street, London, North K

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 2 Saunby Street, London, North K

Summarized Description

  • Exceptional duplex bungalow with strong rental income potential.
  • Fully finished lower level for additional living space.
  • Three spacious bedrooms in each unit.
  • Separate kitchens enhance rental versatility.
  • Prime location near downtown and Western University.
  • Stunning views of the Thames River.
  • Turnkey investment with proven cash flow.
  • Convenient access to amenities and public transit.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$6,166
Land Transfer Tax Fee
$10,835

Rental Items

Rental Equipment
HOT WATER TANK
Under Contract
Hot Water Heater

Basement Type
Full, Finished

Interior Features

Interior Extras
Accessory Apartment, In-Law Capability
View
Bridge, City, Forest, River, Trees/Woods, Water
Security Features
Monitored
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Cul de Sac/Dead End, Greenbelt/Conservation, River/Stream, School Bus Route, Waterfront

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
51-99

Construction

Exterior Finish
Concrete Block, Shingle
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
65.72 ft
Lot Depth
151.53 ft
Lot Shape
Irregular

Inclusions

Inclusions
FRIDGE X2, STOVE X2, MICROWAVE X2, WASHER, DRYER

Exclusions

Exclusions
TENANT'S BELONGINGS

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
6
Washrooms
2
Kitchens
2
Family / bonus room
Yes

Room sizes

  • Bedroom 5—
    Lower level
  • Primary Bedroom—
    Main level
  • Bathroom—
    Lower level
  • Bathroom—
    Main level
  • Bedroom 3—
    Main level
  • Bedroom 2—
    Main level
  • Living Room—
    Main level
  • Kitchen—
    Lower level
  • Bedroom 4—
    Lower level
  • Living Room—
    Lower level
  • Kitchen—
    Main level

Washrooms

  • 3-piece, Main
  • 3-piece, Lower

Municipality
London
Neighbourhood
North K
Main cross streets
Gunn Street
Zoning
R2-3 (2)
Directions
NORTH OFF OXFORD AND EAST OFF OF GUNN STREET
Waterfront
Indirect

MLS® number
X13818204
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-23
Updated on
2026-09-24
Days on market
24 days
Possession date
2026-12-11
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
RE/MAX CENTRE CITY REALTY INC.

Home Market Value

Current home valuation for 2 Saunby Street, London, North K, London, ON. Listed for $718,000

HOMEH Estimate

?

$689,357

Estimated Sales Range

?

$603,941 - $774,773

HOMEH Estimate for 2 Saunby Street, London, North K

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$689,357Low confidence
Based on 6 comparable properties
+ $28,643 (4%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
London, ON
Minimum Down Payment Required:6.5%

5% on first $500K + 10% on $218,000 over $500K

Minimum down payment

$46,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$26,824$20,032$17,088$0
=Total mortgage
$697,436$666,232$627,388$574,400
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,405monthly$3,253monthly$3,063monthly$2,805monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$10,835

Total Land Transfer Tax

$10,835

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4/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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