49 CHARLES Street
London North, N6H 1H1·MLS® X13223316·
Listing courtesy of Century 21 First Canadian Corp·Updated 2 days ago
Listing price
$599,900
Est. $2,857/mo
Days on market
Listed Jun 1, 2026
Description
ATTENTION INVESTORS! LOCATION, LOCATION, LOCATION!! BACKING ONTO GREENSPACE!!! Start building equity today with this 5 bedroom, 2 bathroom bungalow with detached garage located in the heart of Oxford Park. This meticulously maintained home has been renovated without losing any of its original character and charm. Gleaming Oak hardwood throughout the main floor living room complimented by dramatic windows and classic French doors. Open concept shaker style eat-in kitchen with ample cabinetry and ceramic tile throughout. Family room features cozy gas fireplace, vaulted ceiling and skylight. Partially finished lower level provides additional storage space. Oversized detached single garage car garage (could be rented for additional income) with parking for 5 cars in the driveway. Fully fenced rear yard backing on West Lions Park; offering splash pad, playground equipment, basketball court, baseball diamond, soccer field and a picnic area. Two bedrooms currently leased for $850/Month until April 30, 2027 to A+ tenants. Updates include vinyl replacement windows, high efficiency furnace, tankless water heater and roof. Located close to all amenities including shopping, great schools, playgrounds, public transit, London Health Sciences Centre and University of Western Ontario. Just a short walk to downtown hosting attractions such as Labatt Park, Victoria Park, Covent Garden Market and Budweiser Gardens. Time to stop thinking about owning income property and finally call yourself an investor. Investment opportunities this lucrative rarely become available!
Property details
Garage
1 car Detached
Basement
Partially Finished, Full
Parking
6 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$8,473
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$645,000
45 Upper Avenue, London North
Sold$399,900
228 South Street, London East
See all 10 comparables
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Market conditions · North N
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
$2,400
Rental yield
4.8%
Est. cash flow
-$1,482
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$145,577
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$618,497
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