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$599,000
Ontario,London North (North N)
For Sale Active
6 GOWER STREET, London North (North N), Ontario N6H2E6
  • 6
  • 2
  • 700 - 1100Square Feet
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Basic Details
Description

INVESTOR ALERT! INCOME-GENERATING STUDENT RENTAL WITH FUTURE DEVELOPMENT POTENTIAL!Excellent investment opportunity in London! Walking distance to university and public transit.This solid brick corner-lot bungalow offers an attractive combination of established rentalincome, a City of London rental license and potential for future income expansion.Featuring 5 bedrooms, this property is ideally suited for student accommodation. The main flooroffers a spacious eat-in kitchen,

bright living room with wood-burning fireplace, 2 generouslysized bedrooms and a 3-piece bathroom. The finished lower level features a separate entrance, 3additional bedrooms, family room, 3-piece bathroom, utility room, laundry and ample storagespace.CITY-LICENSED RENTAL PROPERTY! Previously inspected by the City inspector and Fire Department.Equipped with interconnected, hardwired smoke and carbon monoxide alarms on both levels.PROVEN RENTAL COLLECTIONS:May 2024 – April 2025: $42, 535May 2025 – April 2026: $37, 270FUTURE DEVELOPMENT POTENTIAL! Following the 2023 City of London zoning by-law changes, theproperty may qualify for a detached garden suite, offering an opportunity to generateadditional rental income, subject to municipal approvals and permits.Additional highlights include a roof replaced in 2024, concrete parking pad and a spaciousbackyard.Whether you are looking to expand your student rental portfolio or maximize returns throughfuture development, this property offers excellent investment potential!DON’T MISS THIS OPPORTUNITY TO OWN AN INCOME-PRODUCING PROPERTY WITH ROOM TO GROW! (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X14152220
  • Price: $599,000
  • Bedrooms: 6
  • Bathrooms: 2
  • Square Footage: 700 - 1100 Sqft
  • Status: Active
  • Office Name: ROYAL LEPAGE FLOWER CITY REALTY
  • Property Sub Type: Single Family
  • Office Key: 272995
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Basement: N/A, Separate entrance
  • Parking: No Garage
  • Architectural Style: Bungalow
  • Exterior Features: Brick
  • Flooring: Carpeted, Hardwood, Vinyl
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, London North (North N), N6H2E6
  • Street: Gower
  • Street Number: 6
  • Street Suffix: Street
  • Longitude: W82° 43' 55.1''
  • Latitude: N42° 59' 28.6''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 37 x 120 FT
  • Stories: 1.0
Financial
  • Tax Annual Amount: 5060
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Listing updated: 2026-11-10 05:24:51
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Listing Information
  • List Agent Key: 2129963
  • List Office Key: 272995
  • Modification Timestamp: 2026-11-05T16:15:28Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-11-05T16:08:42Z
Powered by REALTOR.ca
Listing updated: 2026-11-10 05:24:52
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