2 Saunby Street, London North, ON N6G 1A1

About this property

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.

Property facts & features

Property type

Detached

MLS® number

X13818204

Source status

New

Bedrooms

6

Bathrooms

2

Reported interior area

Not provided

Neighbourhood

Not provided

Postal code

N6G 1A1

Parking spaces

6

Garage

None

Lot depth (source units)

151.53

Annual property tax

6165.79

Basement

Full, Finished

Laundry

Not provided

Interior features

Accessory Apartment, In-Law Capability

Exterior features

Not provided

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Location & neighbourhood

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