News of the 62nd murder in the capital this year broke on the same day three others were injured in stabbings, as a 24-hour wave of violence swept London.
The man was found in Finsbury Park with several stab wounds as medics tried to save him in the early hours of this morning.
Police, air ambulance and paramedics were called to the scene in north London at around 3am.
They first found a 21-year-old with stab wounds. He was taken to hospital with non-life threatening injuries and later discharged.
The 20-year-old man was then found nearby and despite efforts to save him, he died at the scene.
The news comes as a leading trauma surgeon predicted a summer of "carnage" in the Times if alarming rates of youth violence continue across the capital.
Martin Griffiths said treating children with knife and gunshot wounds had become “the bread and butter” of his work at the Royal London Hospital in east London.
He said that the warmer weather would further inflame violence among young Londoners and that the severity and frequency of attacks had reached a level he would expect in South Africa or the US.
Police also found a man collapsed on London Road, Morden, on Thursday. The 32-year-old was taken to hospital, where he died the next day.
The victim was involved in a street fight with a man before his death, police said. A 31-year-old man was arrested on suspicion of murder on Friday and remains in custody.
The capital has been plagued with violent crime with 62 people now murdered in London since the beginning of 2018.
Violence struck again yesterday evening as police were called to Enfield at around 5pm to reports that an 18-year-old man had been stabbed in Fotheringham Road.
Air ambulance and paramedics were called to the scene and the teen was taken to an East London Hospital for treatment and his condition is not thought to be life threatening.
An hour later, police and ambulances were called to a fight between two men on Upper Tooting Road.
Both men were suffering from stab wounds, but currently their condition is unknown. The road remains cordon off as police conduct an investigation.
So far no arrests have been made for yesterday's stabbings in Tooting and Enfield.
The Finsbury Park stabbing took place in Labour leader Jeremy Corbyn's constituency and just yards from his home.
Mayor of London Sadiq Khan said it was "another life unnecessarily lost".
Posting on Twitter he said: "Deeply saddened by the news that a young man was stabbed to death in Finsbury Park last night, another life unnecessarily lost to violent crime on our streets."
In a full statement on Facebook he added: "My thoughts are with his family and friends.
"I have spoken to the Metropolitan Police, Islington Council and the local Member of Parliament."
Police said the 21-year-old has been arrested on suspicion of murder, possession of an offensive weapon and affray. He remains in custody at a north London police station.
A police spokeswoman said: "Police were called at around 0300hrs on Saturday, 21 April, to reports of a male stabbed at Seven Sisters Road.
"Officers and London's Air Ambulance attended the scene.
"A 21-year-old make was found at the scene suffering from stab wounds.
"A short distance away a second man, aged 20, was found suffering stab injuries in Roth Walk, N7. Despite the efforts of medics, he was sadly pronounced dead at the scene at 03.43hrs.
"Next of kin have been informed. Formal identification is yet to take place.
"A post-mortem examination will be held in due course.
"The 21-year-old man was taken to hospital for treatment before being discharged. He has subsequently been arrested on suspicion of murder, possession of an offensive weapon and affray. He remains in custody at a north London police station."
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