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Homes for Sale in London, Ontario

274 Tamblyn Drive

London North, N6G 1B8·MLS® X13539554·

Listing courtesy of Re/max West Realty INC.·Updated 5 hours ago

For sale
1 / 11
2Beds
2Baths
700-1,100Sqft
51-99Year Built

Listing price

$749,000

Est. $3,567/mo

Days on market

2

Listed Jul 8, 2026

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

Property details

Garage

2 car Attached

Basement

Apartment, Separate Entrance, Finished

Parking

6 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$429,231Below Market
$389,221$525,962

71% confidence · 15 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Westmount

London North, ON

Central location with easy access to downtown and Western University.

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,567
Property tax$811
Insurance (est.)$156
Utilities (est.)$250
Total monthly$4,785

Land transfer tax

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

Jul 8, 2026Listed
$749,000

Sold comparables nearby

858 Sandcherry Street, London NorthSold

$640,000

858 Sandcherry Street, London North

3 bd·3 ba·1,500-2,000 sqft
277 Astoria Place, London NorthSold

$626,610

277 Astoria Place, London North

3 bd·2 ba·1,100-1,500 sqft

See all 10 comparables

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Market conditions · North K

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

$2,996

Rental yield

4.8%

Est. cash flow

-$1,789

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

$179,427

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

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AI estimate

$429,231

Below Market

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