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1047 Patricia Street

London East, N6A 3V3·MLS® X13601016

Listing courtesy of Blue Forest Realty INC.·Updated 5 days ago

Listing price

$684,900

Est. $3,262/mo

Days on market

46

Listed Jul 24, 2026

For sale
1 / 26
3bd·2ba·1,100-1,500sqft·100+ yearsold

Description

Steps to King's and Western, with Western visible right from the front porch, this well-maintained home offers 3 bedrooms above grade plus two additional finished rooms in the lower level, along with 2 full bathrooms, in one of London's most in-demand student rental pockets. Unlike the typical student rental, this property has been genuinely well cared for, featuring a beautifully updated kitchen and warm hardwood floors throughout. The private yard with deck adds great outdoor living space. Currently fully rented for the current school year at $4,500 per month plus utilities. A fantastic turnkey addition to any investment portfolio, in a location students consistently want to live in.

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Property details

Type
Detached, 2-Storey
Age
100+ years
Lot size
30 × 96 ft
Interior
1100-1500 sqft
Rooms
6 rooms
Bathrooms
1 × 4-piece on Second, 1 × 3-piece on Basement
Basement
Finished
Heating
Forced Air
Cooling
Central Air
Exterior
Brick, Aluminum Siding
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer
Driveway
Private Double (2 spaces)
Parking
2 spaces
Property tax
$4,542/yr (2026)

Rooms

Main

Foyer
4.19 × 2.3 m
Kitchen
4.01 × 3.28 m
Living Room
4.81 × 3.85 m
Dining Room
3.69 × 2.88 m

Second

Bedroom
4.22 × 2.98 m
Bedroom
3.03 × 2.47 m
Primary Bedroom
5.04 × 2.7 m

Basement

Bedroom
4.06 × 3.16 m
Bedroom
4.29 × 3.16 m

AI property estimate

$590,000~13.9% below asking

Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.

$531,000$649,000

75% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Stoneybrook

London East, ON

Established subdivision east of Masonville surrounded by the Stoney Creek Valley.

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,262
Property tax$742
Insurance (est.)$143
Utilities (est.)$250
Total monthly$4,397
Land transfer taxOne-time, on closing

Ontario LTT

$10,173

First-time rebate

$4,000

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

Price & listing history

$684,900

Listed Jul 24, 2026

On the market

Sold comparables nearby

23 SHETLAND Crescent, London NorthSold

$1,180,000

23 SHETLAND Crescent, London North

4 bd·5 ba·3,000-3,500 sqft
16 Clenray Place, London EastSold

$590,000

16 Clenray Place, London East

3 bd·2 ba·1,100-1,500 sqft

See what these 6 homes sold for

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Market conditionsArgyle · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$874,167

Sale-to-list ratio

94.8%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$164,887

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

Not sure about financing? Ask Colin

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AI estimate

$590,000

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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