49 McNay Street
London East, N5Y 1K8·MLS® X13450976·
Listing courtesy of Century 21 First Canadian Corp·Updated 5 hours ago
Listing price
$399,999
Est. $1,905/mo
Days on market
Listed Jun 16, 2026
Description
Welcome to 49 Mcnay Street nestled in a prime location within walking distance to Fanshawe College, bus routes and various amenities on a 87 foot front lot. This spacious bungalow features a large living room, 4 piece bathroom, 3 generous sized bedrooms, a bright open concept kitchen and dining space with access to the private yard. The basement is partially finished and features a recreation room and and an additional room. There is a single detached garage and ample space for parking. Updates include; Furnace and AC 2021, Flooring upstairs, Kitchen appliances & washer and dryer 2022, Updates to bathroom (new toilet, vanity, flooring), New backsplash in kitchen, New lighting fixtures throughout home.
Property details
Garage
1 car Detached
Basement
Full, Finished
Parking
3 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 11 comparable sales analysed
Location & neighbourhood
London East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly payment estimate
Land transfer tax
Ontario LTT
$4,475
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$508,000
231 Taylor Street, London East
Sold$495,000
708 Norwood Avenue, London East
See all 10 comparables
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Market conditions · East C
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
$1,600
Rental yield
4.8%
Est. cash flow
-$1,071
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$100,178
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$388,323
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