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41 GUNN Street

London North, N6G 1C6·MLS® X13173276·

Listing courtesy of Royal Lepage Triland Realty·Updated 2 days ago

For sale
1 / 35
2Beds
2Baths
700-1,100Sqft
100+Year Built

Listing price

$524,900

Est. $2,500/mo

Days on market

19

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

$514,927At Market
$483,433$546,421

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Downtown London

London North, ON

Urban core with condos, restaurants, and transit access.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,500
Property tax$569
Insurance (est.)$109
Utilities (est.)$250
Total monthly$3,428

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

May 26, 2026Listed
$524,900

Sold comparables nearby

706 Nelson Street, London EastSold

$304,000

706 Nelson Street, London East

2 bd·1 ba·1,100-1,500 sqft
672 Elias Street, London EastSold

$437,000

672 Elias Street, London East

3 bd·1 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · North K

Buyer's marketBalancedSeller's market

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

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$128,535

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$514,927

At Market

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