Sold for:Sold Nov 24, 2025
$474,900

Unit 114, 40 Summit Avenue

London (North N), ON N6H 4S3

Condo Townhouse SoldNot available

Property not available for sale or for rent.

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Sale & Price History for Unit 114, 40 Summit Avenue, London, North N

2025-08-06
2025-11-24
Sold
Price
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MLS#
x12329887
2025-06-19
2025-08-07
Terminated
Price
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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 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.

$484,000High confidence
Based on 3 comparable properties
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:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$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
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Land Transfer Tax

Provincial

$5,973

Total Land Transfer Tax

$5,973

Around this home

5/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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