Br (3.47 × 4.6)
Level: Main
59 Saunby St
North K, London North, Ontario N6G 1A4
Description
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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13880470
- Board
- TRREB MLS®
- Days on market
- Tax
- $9,187
- Size
- 5000 + sqft
- Lot
- 50 × 104 Feet
- Parking
- None, 5 Parking
Listing History
Listing activity for 59 Saunby St, London North, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,350,000 | N/A | For Sale | X13880470 |
Property Details
Property
- Property Type
- Duplex
- Style
- Other
- Community
- North K
- Municipality
- London North
Inside
- Bedrooms
- 14
- Bathrooms
- 5
- Bathroom Detail
- 2, 4pc, 2nd
- Bathroom Detail
- 3, 4pc, Main
- Basement Type
- Half
- Kitchens
- 5
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Baseboard
Building
- Size
- 5000 + sqft
- Construction
- Brick
Parking
- Driveway
- Private
- Garage Type
- None
- Add. Parking
- 5
- Total Parking
- 5
Land
- Sewer
- Sewers
- Lot Size
- 50 × 104 Feet
- Lot Size Code
- Feet
Additional
- Year built
- 51-99
- Foundation
- Concrete
- Roof
- Asphalt Rolled, Asphalt Shingle
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
- Extras
- All existing appliances and fixtures belonging to the seller and located at property, including fridges, stoves. All existing window covering, light fixtures and permanently installed equipment are included, as currently installed.
Rooms (14)
Br (3.41 × 4.36)
Level: Main
Br (3.93 × 4.11)
Level: Main
Br (3.05 × 3.07)
Level: Main
Br (3.93 × 4.91)
Level: 2nd
Br (2.77 × 3.63)
Level: 2nd
Br (2.56 × 3.63)
Level: 2nd
Br (3.52 × 4.48)
Level: 2nd
Br (2.71 × 3.41)
Level: 2nd
Br (2.62 × 3.38)
Level: 2nd
Br (2.47 × 3.93)
Level: Bsmt
Br (3.08 × 4.3)
Level: Bsmt
Br (2.71 × 3.9)
Level: Bsmt
Br (3.41 × 4.36)
Level: Bsmt
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
13 records read 6 on record nearby 7 checked, none on recordRead 2026-10-28
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m15 test or monitoring holes also recorded.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 9.2 km
Province of Ontario open data
Around the home
- Nearest rail line: 30 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is The University of Western Ontario — Main Campus, 2.3 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by London Hydro Inc.
- Wired internet 50/10 Mbps or faster is listed at a household 60 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, NFTC, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Falcon Internet Services, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$6,189
- Down payment$270,000
- Mortgage amount$1,080,000
- Total interest$776,700
- Total cost$2,126,700
Cash flow analysis
$6,189
Total monthly payment
$6,955
Break-even down payment
100%
Cash flow-$6,955
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$1,350,000
$1,350,000
CAD
Estimate unavailable
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