59 SAUNBY STREET N, London, Ontario N6G 1A4

59 SAUNBY STREET N, London, Ontario N6G 1A4

$1,350,000.00

  • 14 bedrooms
  • 5 bathrooms

Excellent investment opportunity in highly desirable and convenient London location, offering multiple income streams and significant rental upside. The property features a legal 4-unit residential building, with each apartment offering 3 bedrooms and 1 living room. Plus, a separate 2-bedroom, 1 living room house on the same property. The property is currently rented at approximately $500 per bedroom per month. Based on current rental demand and comparable accommodations in the area, market rents may be approximately $800 per bedroom per month, subject to market conditions, tenant demand, and applicable regulations. This represents meaningful ... read more

Excellent investment opportunity in highly desirable and convenient London location, offering multiple income streams and significant rental upside. The property features a legal 4-unit residential building, with each apartment offering 3 bedrooms and 1 living room. Plus, a separate 2-bedroom, 1 living room house on the same property. The property is currently rented at approximately $500 per bedroom per month. Based on current rental demand and comparable accommodations in the area, market rents may be approximately $800 per bedroom per month, subject to market conditions, tenant demand, and applicable regulations. This represents meaningful potential for an investor to improve rental income over time through proper management and market positioning. The location is particularly attractive for a student and professional tenants, with a university, shopping, restaurants, public transit, and other amenities nearby. The property's multiple bedrooms, existing residential configuration and separate house provide excellent flexibility for rental income, owner occupancy, or multi-generational living. The property is currently zoned R8-4R3. . A rare opportunity to acquire a multi-unit property with a substantial existing accommodation, strong rental demand, and significant potential to increase income. An excellent option for investors seeking both current rental income and long-term appreciation and redevelopment potential. (id:25417)

  • Listing ID: X13880470
  • Property Type: Multi-family
Property
Lot Size: 50 by 104 FT|under 1/2 Acre
Parking: No Garage
5 Spaces
Building
Type: Multi-family Duplex
Appliances: Refrigerator, Stove, Window Coverings and Water Meter
HVAC: Baseboard Heaters and Fireplace
Electric, Natural Gas
Exterior: Brick
Basement: None
Utilities: Cable and Sanitary Sewer
Location
City: London
Province: Ontario
Rooms Level Dimensions
Bedroom Second level 4.91 m x 3.93 m
Bedroom Second level 3.63 m x 2.77 m
Bedroom Second level 3.63 m x 2.56 m
Bedroom Second level 4.48 m x 3.52 m
Bedroom Second level 3.41 m x 2.71 m
Bedroom Second level 3.38 m x 2.62 m
Bedroom Basement 3.93 m x 2.47 m
Bedroom Basement 4.3 m x 3.08 m
Bedroom Basement 3.9 m x 2.71 m
Bedroom Basement 4.36 m x 3.41 m
Bedroom Main level 4.6 m x 3.47 m
Bedroom Main level 4.36 m x 3.41 m
Bedroom Main level 4.11 m x 3.93 m
Bedroom Main level 3.07 m x 3.05 m

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59 SAUNBY STREET N, London, Ontario N6G 1A4
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This property, located on Saunby Street North in London Ontario, was published on October 9th, 2026. See if this multi-family home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in London convenient.