Homes for Sale in London, Ontario
208 NIAGRA Street
London East, N5W 1R6·MLS® X13592222·
Listing courtesy of Re/max Centre City Realty INC.·Updated 5 hours ago
Listing price
$529,900
Est. $2,524/mo
Days on market
Listed Jul 22, 2026
Description
Welcome to this 208 Niagara St. London this multi-generational layout with the walk-up basement is a solid, one-floor home offering 1,037 sq. ft. of comfortable living space in the highly desirable Fairmont neighborhood, home to the sought-after Fairmont Public School. This versatile property is ideal for families, multi-generational living, or buyers looking for income potential. The main floor features three bedrooms, a functional kitchen with patio doors leading to the backyard, and hardwood flooring beneath the existing carpet. The finished lower level offers outstanding flexibility with a spacious second kitchen, large family room, four-piece bathroom, laundry area, and a separate walk-up entrance with direct access to the oversized attached garage-creating an excellent opportunity for an in-law suite, teenage retreat, or potential rental accommodation (buyer to verify permitted uses).The oversized attached garage (approximately 4.0 m x 7.99 m / 13'1" x 26'3") provides exceptional storage and workspace. The property offers excellent backyard access-ideal for adding a detached workshop or garage, or for conveniently parking an RV, trailer, or recreational vehicles. Major updates include a 2-year-old central air conditioner, a 4-year-old roof with 40-year shingles, an owned water heater, and a furnace with an updated blower motor. Electrical wiring is already in place from the panel to the front yard for a future lamp post, should the new owner wish to reconnect it. This is a rare opportunity to own a solid, versatile home in one of London's most established family neighborhood, offering excellent schools, parks, and amenities, with endless possibilities for today's lifestyle.
Property details
Garage
1 car Attached
Basement
Full, Finished
Parking
7 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
80% confidence · 33 sold homes within 2 km, by price per sq ft
Monthly payment estimate
Land transfer tax
Ontario LTT
$7,073
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$555,000
9 STRATHCONA Drive, London East
Sold$460,000
289 Winnipeg Boulevard, London East
See all 10 comparables
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Market conditions · East O
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
$2,120
Rental yield
4.8%
Est. cash flow
-$1,338
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$129,669
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$420,000
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