47 MacKay Avenue
London South, N6J 2V2·MLS® X13432806·
Listing courtesy of Sutton Group - Hodgson Realty INC.·Updated yesterday
Listing price
$429,900
Est. $2,048/mo
Days on market
Listed Jun 11, 2026
Description
Welcome to McKay, where charm, value, and location come together just minutes from Wortley Village, downtown London, parks, schools, trails, restaurants, shopping, and everyday conveniences. At an attractive price point, this lovingly maintained brick 1 1/2 storey home offers a wonderful opportunity for first-time buyers, young professionals, investors, or anyone looking for a solid home in a convenient, well-established neighbourhood. Owned and cared for by the same family for 74 years, this home has a warm, comfortable feel the moment you step inside. The main floor offers a practical layout with a bright living room, two versatile rooms that could function as bedrooms, office, den, dining, or guest space, and a well-kept bathroom. The kitchen sits at the back of the home and overlooks the yard, with direct access to a good-sized deck, perfect for morning coffee, summer dinners, or simply enjoying the outdoor space. Upstairs, you will find two additional bedrooms, giving the home excellent flexibility for growing families, guests and work-from-home needs. A detached garage adds valuable parking, storage, or hobby space, and the yard offers room to garden, relax, or create your own outdoor retreat. This is not a cookie-cutter home, it is a sweet, well-loved property with character, practical space, and great potential. For buyers tired of renting, this is an excellent chance to get into the market at a very approachable price while still being close to some of London's most loved neighbourhood amenities. A wonderful opportunity to own a charming brick home in a location that keeps you connected to Wortley Village, the downtown core, and the lifestyle this central London area has to offer.
Property details
Garage
1 car Detached
Basement
Unfinished
Parking
4 spaces
Type
Detached — 1 1/2 Storey
Heating
Forced Air
AI property estimate
82% confidence · 8 comparable sales analysed
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$5,073
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$675,000
238 Ridout Street, London South
Sold$585,000
350 Highview Crescent, London South
See all 10 comparables
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Market conditions · South E
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
$1,720
Rental yield
4.8%
Est. cash flow
-$1,133
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$106,996
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$443,227
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