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Listed 1 month ago

25 SAUNBY Street

North K, London North

$759,000

Detached|Bungalow-Raised
3 | 2 | 4
About this home

ATTENTION INVESTORS! Residential Rental Unit License (RRUL) in place, 6-BDRM & 2-4pc-BTH DWELLING. ALL 6 BDRMS RENTED AT $750/MONTH! An outstanding opportunity to add a purposefully designed six-LARGE-bedroom & 2-4pc bathroom raised bungalow to your investment portfolio. Built in 1995, this 2,319 sq. ft. all-brick home offers a thoughtfully designed 3+3 floor plan with an open-concept main level that maximizes space and functionality. Whether you're looking for a student rental, multi-generational living, or long-term investment potential, this property offers exceptional flexibility. Featuring 6 oversized bdrms and 2 spacious 4-pc bthrms, every bdrm easily accommodates a queen-size bed, desk, dresser, and additional furniture. The 3 lower-level bdrms feature large windows, creating bright, comfortable living spaces. Open-concept main level features a spacious living rm, separate dining area, and generously sized, bright eat-in kitchen, creating an inviting space for everyday living, entertaining, or shared accommodations. Recent improvements include new laminate flooring throughout most of the home, freshly painted interiors, carpet-free living spaces, a 6-month-old air conditioner, and furnace (2015). The durable all-brick exterior and low-maintenance lot with minimal grass to cut make this an easy property to own and maintain. The home's practical layout also offers excellent potential for future wheelchair accessibility, adding long-term versatility. Minutes from Western University, King's University College, University Hospital, downtown London, shopping, restaurants, parks, and public transit, this property is ideally positioned to attract strong rental demand while also appealing to future owner-occupants. Whether you're expanding your investment portfolio, purchasing for university-bound students, or planning for future family use, 25 Saunby St combines generous room sizes, a thoughtfully designed layout, and low-maintenance ownership.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,465
Lot Size26.24 ft x 150.56 ft
mls© NumberX13597898
Listed ByRE/MAX TWIN CITY REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,885
Property tax
$455
Heat allowance
$150
Housing costs
$4,490 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $151,800
25-yr amortization

Income needed

$138,000

gross annual household income

Payment at 4%
$3,194 / mo
Cash down
$151,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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