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For sale
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$475,000

Est. $2,225/mo mortgage

3bd·3ba·700-1,100sqft

1169 Oxford Street · London East, N5Y 3L7

MLS® X13231232

114 days on market114 days on market

Listed Jun 2, 2026

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

Description

Calling all visionary buyers and savvy investors! This property offers a fantastic opportunity for an eager investor. Its a golden opportunity brimming with potential, with OC5 and ASA3 zoning, this property offers incredible flexibility, strategically situated near Fanshawe College, major shopping centers, and convenient bus routes. The main floor of this bungalow presents three well-sized bedrooms, a four-piece bathroom, living room with gas fireplace and a dining area just off the kitchen. Recent upgrades include a new furnace (2020), enhanced spray foam insulation along with all newer windows in the lower level and in all bedrooms. This is more than just a home; it's a smart investment in a thriving community. Whether you're looking to upgrade the home and make it a great family residence with future income potential or a turnkey student rental conversion project, and the lower level is already equipped with two distinct Kitchen areas, two bathrooms and separate entrances, this London bungalow offers a truly unbeatable opportunity. Bring your vision to life and transform this space into your dream family haven or a high-yield income property the possibilities are endless!

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Property details

Interior

Interior
700-1100 sqft
Rooms
7 rooms
Bathrooms
1 × 4-piece on Main, 2 × 3-piece on Basement
Basement
Finished with Walk-Out, Development Potential
Heating
Forced Air
Cooling
None

Building & lot

Type
Detached, Bungalow
Age
51-99 years
Lot size
40 × 116.25 ft · < .50 acres
Exterior
Brick, Vinyl Siding
Foundation
Concrete Block
Roof
Shingles, Metal
Water & sewer
Sewer

Parking

Garage
1 car Detached
Driveway
Private (5 spaces)
Parking
5 spaces

Fees & taxes

Property tax
$2,550/yr (2025)

Rooms

Main

Living Room, Gas Fireplace
3.99 × 3.35 m
Dining Room
3.56 × 3.38 m
Bathroom, 4 Pc Bath
1.6 × 1.5 m
Kitchen
3.08 × 2.31 m
Foyer
4.44 × 2.07 m
Bedroom
2.77 × 2.47 m
Bedroom
2.74 × 2.74 m
Bedroom
2.74 × 2.46 m

Basement

Bathroom, 3 Pc Bath
1.2 × 1.6 m
Bedroom
4.57 × 2.59 m
Bathroom, 3 Pc Bath
1.4 × 1.2 m
Kitchen, Gas Fireplace
2.29 × 3.2 m
Kitchen
3.05 × 2.67 m
Bedroom
5.03 × 2.59 m

AI property estimate

$385,000Estimate is ~18.9% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$346,500$423,500

75% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Argyle

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Monthly paymentest. $2,860/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,225
Property tax$286
Insurance (est.)$99
Utilities (est.)$250
Total monthly$2,860
Land transfer tax$5,975 on closing

Ontario LTT

$5,975

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

$475,000

Listed Jun 2, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

479 Woodman Avenue, London EastSold

479 Woodman Avenue, London East

2 bd·1 ba·700-1,100 sqft
581 Hale Street, London EastSold

581 Hale Street, London East

2 bd·1 ba·< 700 sqft

See what these 6 homes sold for

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Market conditionsBuyer's market in London East

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 96.3% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$442,483

Sale-to-list ratio

96.3%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $118,000 household income

Minimum household income required

$118,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Ask Colin
Rental market$2,323/mo median for 3 bed nearby

$2,323/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 58 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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