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For sale
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$649,900

Estimated value $617K to $682K

Est. $3,045/mo mortgage

5bd·2ba·1,500-2,000sqft

123 Mill Street · London, N6A 1P7

MLS® X13577296

92 days on market92 days on market

Listed Jul 16, 2026

Listing courtesy of Sutton Group - Select Realty·Listing last changed Jul 17

Key facts

Property type
Detached
Square footage
1,500-2,000 sqft
Lot size
40.44 × 63.5 ft · < 0.50 acres
Age
100+ years
Parking
3 spaces
Property tax
$6,924/yr (2025)

Description

Make sense with your dollars...superb investment opportunity or live-in with income describes this brick century home in fabulous core rental area. This legal duplex boasts a two bedroom one bath main floor unit with high ceilings, classic original trim and a spacious updated eat in kitchen, plus a generous living area and two sun-filled bedrooms. The upper three bedroom one bath unit is equally updated and also offers ample space in the living area and bedrooms. Both units have in suite laundry. Separate hydro meters and most windows replaced. The property could easily be converted back to a single family home or live in one unit and have the other assist with your mortgage. Vacant so you can move right in or choose your future tenants.

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Property details

Interior

Size
1,500-2,000 sqft
Rooms
10 rooms
Bathrooms
1 × 3-piece on Main, 1 × 3-piece on Second
Basement
Unfinished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Age
100+ years
Lot size
40.44 × 63.5 ft · < 0.50 acres
Exterior
Brick
Foundation
Brick, Concrete Block
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Private Double (3 spaces)
Parking
3 spaces

Fees & taxes

Property tax
$6,924/yr (2025)

Estimated value range

$617K to $682K

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.

Location & neighbourhood

Directions
Downtown London →

London East, ON

Urban core with condos, restaurants, and transit access.

Schools nearbyclosest is Jeanne-Sauvé Public School, 670 m

Elementary

  • Jeanne-Sauvé Public School

    670 m · Grades JK-8

    Thames Valley District School Board

    7.1
  • St Georges Public School

    960 m · Grades JK-8

    Thames Valley District School Board

    8.0
  • Woodfield French Immersion Public School

    1.3 km · Grades JK-8

    Thames Valley District School Board

    7.8

Secondary

  • London Central Secondary School

    940 m · Grades 9-12

    Thames Valley District School Board

    8.0
  • Catholic Central High School

    1.4 km · Grades 9-12

    London District Catholic School Board

    5.7
  • H B Beal Secondary School

    1.8 km · Grades 9-12

    Thames Valley District School Board

    5.3

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. $4,007/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,045
Property tax$577
Insurance (est.)$135
Utilities (est.)$250
Total monthly$4,007
Land transfer tax$9,473 on closing

Ontario LTT

$9,473

First-time rebate

−$4,000

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

Price & listing history

$649,900

Listed Jul 17, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

7 Chalmers Street, London EastSold

7 Chalmers Street, London East

4 bd·3 ba·2,000-2,500 sqft
960 Richmond Street, London EastSold

960 Richmond Street, London East

5 bd·3 ba·1,500-2,000 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.3 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 95.9% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$937,467

Sale-to-list ratio

95.9%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $159,000 household income

Minimum household income required

$159,000

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.

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Colin Abbot

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(226) 212-5099 · colin@searchlondonhomes.com

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