41 GUNN Street
London North, N6G 1C6·MLS® X13173276·
Listing courtesy of Royal Lepage Triland Realty·Updated 2 days ago
Listing price
$524,900
Est. $2,500/mo
Days on market
Listed May 26, 2026
Description
Welcome to this charming and well-located 2-bedroom home, ideally situated just minutes from Western University and downtown London. Nestled on a unique lot backing onto beautiful greenspace and the Thames River, this property offers a rare combination of urban convenience and natural privacy. The main level features a spacious living area, a well-appointed kitchen with ample cabinetry and island, and a dining area perfect for family meals or entertaining. A newly updated 3 piece bathroom, with glass shower, is also on the main floor. The upper level offers a bright and spacious primary bedroom highlighted by beautiful cathedral ceilings, creating an open and airy retreat. This level also features a well-appointed 5-piece bathroom complete with a relaxing soaker tub and a large walk-in shower. An additional bedroom completes the upper floor, making it ideal for family, guests, or a home office setup. The fully finished lower level features a large living area, utility room with a workbench, and separate door with walk-up access to the backyard. Step outside to discover one of the true highlights of this property - a private backyard retreat backing directly onto greenspace and steps from the Thames River. Whether you're enjoying your morning coffee, hosting summer gatherings, or simply taking in the tranquil surroundings, this outdoor space offers exceptional serenity. Walking distance to London Waldorf School, Western University, Thames Valley Parkway and biking trail, parks, public transit, and all the amenities of downtown, this property is perfect for first-time buyers, investors, or a family looking to enjoy a quiet setting without sacrificing convenience. Don't miss your opportunity to own a home in one of London's most accessible and scenic locations!
Property details
Basement
Full
Parking
2 spaces
Type
Detached — 2-Storey
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$6,973
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$304,000
706 Nelson Street, London East
Sold$437,000
672 Elias Street, London East
See all 10 comparables
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Market conditions · North K
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$2,100
Rental yield
4.8%
Est. cash flow
-$1,328
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$128,535
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$514,927
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