174 Clarence Street · London, N6B 2J7
MLS® X13555244
Listed Jul 13, 2026
Listing courtesy of Sutton Group - Select Realty·Listing last changed Jul 13
Key facts
- Property type
- Detached
- Square footage
- < 700 sqft
- Lot size
- 33 × 55 ft
- Parking
- 1 space
- Property tax
- $1,878/yr (2026)
Description
Fantastic investment opportunity just minutes from downtown! This well-maintained 2-bedroom, 1-bathroom home is a licensed rental with the City of London and is currently tenant-occupied, generating $2,250 per month plus utilities. Previously configured and rented as a 3-bedroom home, the property offers flexibility for future use. With its compact footprint, this home is easy to maintain, keeping both building and yard maintenance to a minimum. The property is in good condition, providing a turnkey opportunity for investors or owner-occupants alike. The current tenants are willing to provide vacant possession with sufficient notice if desired. Whether you're a first-time home buyer looking for an affordable entry into the market or an investor seeking a solid addition to your portfolio, this property offers excellent value. Conveniently located just one block from the Labatt Brewery and situated in the desirable section of SOHO, you'll enjoy easy access to downtown amenities, transit, and major employers.
Read more ›Show less ‹
Keep notes on this home
Jot down what you thought and mark it as toured. Private to you.
Property details
Interior
- Size
- < 700 sqft
- Rooms
- 6 rooms
- Bathrooms
- 1 × 4-piece
- Basement
- Unfinished, Crawl Space
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Lot size
- 33 × 55 ft
- Exterior
- Vinyl Siding
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Parking
- 1 space
Fees & taxes
- Property tax
- $1,878/yr (2026)
Estimated value range
$342K to $375K
An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.
Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.
Schools nearbyclosest is St. John French Immersion School, 850 m
Elementary
- 8.4
St. John French Immersion School
850 m · Grades JK-8
- 6.9
Tecumseh Public School
940 m · Grades JK-8
Thames Valley District School Board
- 7.5
St Martin Separate School
1.2 km · Grades JK-8
London District Catholic School Board
Secondary
- 4.2
London South Collegiate Institute
920 m · Grades 9-12
Thames Valley District School Board
- 5.7
Catholic Central High School
1.2 km · Grades 9-12
London District Catholic School Board
- 8.0
London Central Secondary School
1.3 km · Grades 9-12
Thames Valley District School Board
Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.
Monthly paymentest. $2,168/mo all in
Monthly payment estimate
Land transfer tax$3,874 on closing
Ontario LTT
$3,874
First-time rebate
−$3,874
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed Jul 13, 2026
Sold comparables nearby
Sold532 Nelson Street, London East
Sold17 Palace Street, London East
See what these 6 homes sold for
Create a free account to see sold prices and comparable sales.
Market conditionsBuyer’s market in London
6.1 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 93.3% of asking.
Avg. sold price
$446,583
Sale-to-list ratio
93.3%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $88,000 household income
Minimum household income required
$88,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.
Not sure about financing? Call Colin at (226) 212-5099 or text
Rental market$1,823/mo median for 2 bed nearby
$1,823/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 114 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.
Get notified about similar homes
New detached listings in Downtown London.
Colin Abbot, Broker
Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
Not intended to solicit clients already under contract.
Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark REALTOR® is controlled by CREA and identifies real estate professionals who are members of CREA.
SearchLondonHomes.com is operated by Oak and Key Real Estate Brokerage Inc., a registered Ontario brokerage. Not intended to solicit clients already under contract with another brokerage.