
Unit 114, 40 Summit Avenue
London (North N), ON N6H 4S3
- 3+2Bedrooms
- 3Bathrooms
- 1Parking
- 1000–1199Sq Ft
- $3,571Tax
- $350/moCondo Fee
- Estimated Value:$484,000See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 114, 40 Summit Avenue, London, North N
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About Unit 114, 40 Summit Avenue, London, North N
Welcome to Unit 114-40 Summit Avenue a fresh, modernized 5-bedroom, 2.5-bath townhouse-style condo located in one of Londons most connected and sought-after neighbourhoods. With thoughtful updates, included appliances, and a layout ideal for student housing, this is a turn key opportunity for investors or owner-occupiers. Just minutes from Western University and steps to public transit, this home is designed for convenience and flexibility. The multi-level layout features carpet-free flooring, a spacious open-concept living/dining area, and a functional kitchen with updated finishes and included appliances. The upper floor offers well-sized bedrooms and a bathroom, while the lower level includes two spacious bedrooms, bathroom, and laundry providing privacy and space for all occupants. The private outdoor space backs onto mature trees and green space, offering a rare sense of privacy and a peaceful place to relax or study outdoors. The well-maintained complex offers a quiet, walkable setting just off Oxford Street near Cherryhill Mall, Costco, grocery stores, and parks. With affordable condo fees of $350/month, and the ability to attract strong rental income, this is an ideal opportunity for investors, parents with university-bound children, or anyone seeking low-maintenance, high-function living in a prime location. Note: Some photos have been virtually staged to help visualize the home's possibilities.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,571
- Land Transfer Tax Fee
- $5,973
Condo/Maintenance Fee
- Maintenance Fee
- $350 /month
Included In Maintenance Fee
- Common Elements Included
Rental Items
- Rental Equipment
- Water heater
- Under Contract
- Hot Water Heater
- Basement Type
- Finished
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- In-Suite Laundry, Laundry Room
- Laundry Level
- Main Level
- Interior Extras
- Storage
- View
- Trees/Woods
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- None
- Exterior Extras
- Patio
Building
- Building Type
- Condo Townhouse
- Building Style
- 2-Storey
- Approx Age
- 31-50
- Condo Corp Number
- 60
Construction
- Exposure
- North West
- Exterior Finish
- Brick, Aluminum Siding
- Roof
- Shingles
- Foundation Details
- Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- Fridge, stove, dishwasher, microwave, washer, dryer
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Type
- Owned
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Baseboard
- Air Conditioning
- Other
- Bedrooms
- 3 + 2
- Washrooms
- 3
- Kitchens
- 1
Room sizes
- Kitchen—Main level
- Dining Room—Main level
- Living Room—Main level
- Bedroom—Upper level
- Bedroom—Upper level
- Bedroom—Upper level
- Bedroom—Lower level
- Bedroom—Lower level
Washrooms
- 2-piece, Main
- 4-piece, Upper
- 3-piece, Lower
- Municipality
- London
- Neighbourhood
- North N
- Main cross streets
- Oxford St W/ Summit Ave
- Zoning
- R5-6
- Directions
- West on Oxford St W, turn right on Summit Avenue.
- MLS® number
- X12329887
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-11-24
- Listed on
- 2025-08-06
- Days on market
- 110 days
- Possession type
- Other
- Co-op commission
- 2
- Seller
- Listed by
- SUTTON GROUP - HODGSON REALTY INC.
Home Market Value
Current home valuation for Unit 114, 40 Summit Avenue, London, North N, London, ON. Listed for $474,900
HOMEH Estimate
$484,000
Estimated Sales Range
$425,920 - $542,080
HOMEH Estimate for Unit 114, 40 Summit Avenue, London, North N
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$23,745
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $18,046 | $13,250 | $11,303 | $0 |
=Total mortgage | $469,201 | $440,660 | $414,968 | $379,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,291monthly | $2,152monthly | $2,026monthly | $1,855monthly |
Land Transfer Tax
$5,973
$5,973
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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