




14 Beds
5 Baths
C$1,350,000
59 Saunby Street N, London North ON, N6G 1A4
Property typeMulti-family
Overview
Active
New
Listed Oct 9, 2026
Updated 2 days ago
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.
Additional information
- MLS® ID
- X13880470
Interior Features
- Bedrooms
- 14
- Bathrooms
- 5
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.12 Acres
Other Property Details
- Taxes
- $9,187
- Tax Frequency
- Annually
- View
- Yes
- 55+/Senior Community
- No
Courtesy of Listed by , RIGHT AT HOME REALTY,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
©2026 Toronto Real Estate Board. All rights reserved.
Data last updated 3:11 AM UTC, 10/10/2026