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$749,000

Est. $3,509/mo mortgage

2bd·2ba·700-1,100sqft

274 Tamblyn Drive · London North, N6G 1B8

MLS® X13539554

78 days on market78 days on market

Listed Jul 8, 2026

Listing courtesy of Re/max West Realty INC.·Updated Jul 10

Description

Exceptional Opportunity Just Steps From Western University! Whether You're An Investor, Parent Looking To Invest While Your Student Attends University, Or A Buyer Seeking A Home With Excellent Income Potential, This Beautifully Maintained Property Offers Outstanding Flexibility. Featuring Two Self-Contained Living Spaces, Each With 2 Bedrooms And 1 Bathroom, This Turnkey Home Provides Multiple Options For Owner Occupancy Or Investment. Currently Generating Approximately $900 Per Bedroom (Utilities Included), With Existing Tenants In Place Until April 2027, It Offers Immediate Income And Future Flexibility. Beautifully Updated Throughout With Carpet-Free Flooring In The Main Unit, Modern Kitchens Featuring Quartz Countertops, And Large Windows That Fill The Home With Natural Light. All High-Quality Furnishings Are Included, Making This A True Turnkey Opportunity. Outside, Enjoy A Fully Fenced Backyard Complete With A Spacious Deck, Top Of The Line Cedar Log Storage Shed, And A Double-Car Garage. Situated On A Desirable Corner Lot With No Sidewalk To Maintain, And Just Minutes To Western University, Transit, Shopping, Restaurants, And Everyday Amenities, This Is A Rare Opportunity To Own A Move-In-Ready Property In One London's Most Sought-After Rental Locations. 3 Units Are Currently Rented, With The Owner Using The 4th. Other Room Could Also Be Rented For $900+.

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Property details

Interior

Size
700-1100 sqft
Rooms
5 rooms
Bathrooms
1 × 3-piece on Main, 1 × 4-piece on Basement
Basement
Apartment, Separate Entrance, Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Age
51-99 years
Lot size
30.56 × 44.27 Metres · < .50 acres
Exterior
Brick, Stucco (Plaster)
Foundation
Unknown
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
2 car Attached
Driveway
Private Double (4 spaces)
Parking
6 spaces

Fees & taxes

Property tax
$5,112/yr (2026)

Rooms

Main

Bedroom
3.43 × 2.9 m
Living Room
4.95 × 4.17 m
Bedroom
6.15 × 3.86 m
Kitchen
3.68 × 2.79 m
Dining Room
2.54 × 1.93 m

Lower

Kitchen
3.84 × 2.54 m
Bedroom
3.1 × 2.41 m
Bedroom
3.81 × 2.84 m
Living Room
3.81 × 2.9 m

Location & neighbourhood

Directions
Westmount

London North, ON

Central location with easy access to downtown and Western University.

Schools

St. Rose of Lima Separate School on Viscount Road serves Catholic elementary families, and St. George Separate School is nearby for families in the eastern portions of the neighbourhood. Beal Secondary School and Sir Frederick Banting Secondary School are the secondary options for students in different parts of Westmount.

Amenities

The Wonderland and Southdale intersection has grown into a substantial commercial hub with big-box retail, grocery anchors, restaurants, and services on all corners. Westmount Shopping Centre on Wonderland Road South serves everyday needs, while Jesse Davidson Park's spray pad and Southwest Optimist Park's sports fields give families excellent outdoor options.

Lifestyle

Westmount's size means there is always something going on, a farmers market, a community rink, a local sports league, and its affordable price point attracts a broad mix of young families, long-time residents, and newcomers. The neighbourhood's well-connected grid of streets and multiple transit routes make getting around the city straightforward without a car.

Monthly paymentest. $4,366/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,509
Property tax$451
Insurance (est.)$156
Utilities (est.)$250
Total monthly$4,366
Land transfer tax$11,455 on closing

Ontario LTT

$11,455

First-time rebate

$4,000

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

Price & listing history

$749,000

Listed Jul 8, 2026

On the market

Sold comparables nearby

457 St George Street, London EastSold

457 St George Street, London East

3 bd·2 ba·1,500-2,000 sqft
907 Blacksmith Street, London NorthSold

907 Blacksmith Street, London North

3 bd·3 ba·1,500-2,000 sqft

See what these 6 homes sold for

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Market conditionsSeller's market in Downtown London

Homes here are selling above asking. Based on 6 sales in the last 90 days, at an average of 105.9% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$624,983

Sale-to-list ratio

105.9%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $182,000 household income

Minimum household income required

$182,000

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$1,950/mo median for 2 bed nearby

$1,950/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 42 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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