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226 Grand Avenue

London South, N6C 1M7·MLS® X13525034·

Listing courtesy of Maverick Real Estate INC.·Updated 5 hours ago

For sale
1 / 48
2Beds
1Baths
700-1,100Sqft
Year Built

Listing price

$389,900

Est. $1,857/mo

Days on market

1

Listed Jul 6, 2026

Description

Nestled on a quiet dead end street with no rear neighbours, this charming one floor home offers the perfect balance of convenience and peaceful living. With over 1,000 sq ft of thoughtfully designed space, this 2 bedroom home is an ideal fit for first time buyers, empty nesters, investors, or anyone looking for a low maintenance alternative to condo living without sacrificing privacy or outdoor space. The welcoming enclosed front porch leads into a cozy living room centred around a wood burning fireplace, flowing into a dedicated dining area and an open concept kitchen with generous counter space, breakfast bar, and plenty of room to add an island. The spacious primary bedroom features a large closet with built in dressing and storage space, while the full bathroom offers a double vanity, tub, and shower. Main floor laundry adds everyday convenience, and patio door leads to a recently built sun deck (2025) overlooking a beautiful tree lined fenced backyard. With gated access directly to the Thames Valley Parkway, Watson Street Park, and the Thames River, you'll enjoy nature right outside your door while remaining just minutes from downtown, easy access to Highway 401, and only moments from the shops, restaurants, and charm of Old South. This is a rare opportunity to enjoy an efficient lifestyle in a truly special setting.

Property details

Basement

Full, Unfinished, Separate Entrance

Parking

2 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$401,987Above Market
$378,593$425,381

82% confidence · 8 comparable sales analysed

Location & neighbourhood

Old East Village

London South, ON

Vibrant arts district with walkable streets and character homes.

Monthly payment estimate

Mortgage (5.24%, 25yr)$1,857
Property tax$422
Insurance (est.)$81
Utilities (est.)$250
Total monthly$2,610

Land transfer tax

Ontario LTT

$4,324

First-time rebate

$4,000

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

Price & listing history

Jul 6, 2026Listed
$389,900

Sold comparables nearby

142 Harley Street, London EastSold

$545,000

142 Harley Street, London East

2 bd·3 ba·1,100-1,500 sqft
94 Josephine Street, London SouthSold

$419,900

94 Josephine Street, London South

2 bd·1 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · South H

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

$1,560

Rental yield

4.8%

Est. cash flow

-$1,050

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

$97,889

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

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AI estimate

$401,987

Above Market

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