Kitchen (3.5 × 4.2)
Window · Vinyl Floor
Level: Main
6 Gower St
North N, London North, Ontario N6H 2E6
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!
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X14152220
- Board
- TRREB MLS®
- Days on market
- Tax
- $5,060
- Size
- 700-1100 sqft
- Lot
- 37 × 120 Feet
- Parking
- None, 4 Parking
Listing History
Listing activity for 6 Gower St, London North, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $599,000 | N/A | For Sale | X14152220 |
Property Details
Property
- Property Type
- Detached
- Style
- Bungalow
- Community
- North N
- Municipality
- London North
Inside
- Bedrooms
- 3+3
- Bathrooms
- 2
- Bathroom Detail
- 1, 3pc, Main
- Bathroom Detail
- 1, 3pc, Lower
- Basement Type
- Sep Entrance
- Kitchens
- 1
Utilities
- Water
- Municipal
- Cooling
- Other
- Heating Type
- Forced Air
Building
- Size
- 700-1100 sqft
- Construction
- Brick
Parking
- Driveway
- Private
- Garage Type
- None
- Add. Parking
- 4
- Total Parking
- 4
Land
- Sewer
- Sewers
- Lot Size
- 37 × 120 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Y
- Pool
- None
- Den
- N
- Family room
- N
- Extras
- Stove, 2 refrigerators in kitchen, washer dryer in basement
Rooms (8)
Living (3.5 × 5.15)
Window · hardwood floor · Fireplace
Level: Main
2nd Br (3.56 × 3.71)
Window · Closet · hardwood floor
Level: Main
3rd Br (2.56 × 3.9)
Window · Closet · hardwood floor
Level: Main
Common Rm (3.0 × 3.35)
Window · Broadloom
Level: Bsmt
Br (2.59 × 3.9)
Window · Closet · Broadloom
Level: Bsmt
Br (3.44 × 3.84)
Window · Closet · Broadloom
Level: Bsmt
Br (2.98 × 3.3)
Window · Broadloom
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 7 on record nearby 6 checked, none on recordRead 2026-11-06
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m2 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: 9.5 km
Province of Ontario open data
Around the home
- Nearest rail line: 230 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
- 1 recorded oil, gas or salt well within 250 mFrom Ontario’s petroleum well records, which include old and plugged wells.
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Corporation of the City of London — Greenway Pollution Control Centre, 2.2 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 this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 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
$2,746
- Down payment$119,800
- Mortgage amount$479,200
- Total interest$344,600
- Total cost$943,600
Cash flow analysis
$2,746
Total monthly payment
$3,168
Break-even down payment
100%
Cash flow-$3,168
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$599,000
$599,000
CAD
Estimate unavailable
Similar active listings
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.