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49 CHARLES Street

London North, N6H 1H1·MLS® X13223316·

Listing courtesy of Century 21 First Canadian Corp·Updated 2 days ago

For sale
1 / 43
5Beds
2Baths
1,500-2,000Sqft
Year Built

Listing price

$599,900

Est. $2,857/mo

Days on market

13

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

$618,497Above Market
$582,503$654,491

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Wortley Village

London North, ON

Artisan neighbourhood with boutique shops and cafes.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,857
Property tax$650
Insurance (est.)$125
Utilities (est.)$250
Total monthly$3,882

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

Jun 1, 2026Listed
$599,900

Sold comparables nearby

45 Upper Avenue, London NorthSold

$645,000

45 Upper Avenue, London North

4 bd·3 ba·2,000-2,500 sqft
228 South Street, London EastSold

$399,900

228 South Street, London East

5 bd·2 ba·1,500-2,000 sqft

See all 10 comparables

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Market conditions · North N

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

$2,400

Rental yield

4.8%

Est. cash flow

-$1,482

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

$145,577

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

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AI estimate

$618,497

Above Market

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