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40 Magee Street

London East, N5W 1C7·MLS® X13601930

Listing courtesy of Keller Williams Lifestyles·Updated 3 hours ago

For sale
1 / 43
3Beds
1Baths
700-1,100Sqft
51-99Year Built

Listing price

$449,900

Est. $2,143/mo

Days on market

1

Listed Jul 24, 2026

Description

Nestled in the quiet and sought-after neighbourhood of Fairmont in East London, is a charming 1 1/2 Storey home sitting on an impressive double lot, that offers endless possibilities for families, first-time home buyers, or investors alike! Welcome to 40 Magee Street.... From the moment you arrive, take in the spacious 4-car driveway, mature surroundings, and show stopping curb appeal! Step inside to discover so much more... With a bright and functional layout featuring an expansive living room, inviting kitchen, 3 well-appointed bedrooms - with the primary bedroom being on the main floor, and a 4-piece bathroom. The lower level is a blank canvas awaiting your personal touch! With additional living space, this offers plenty of room for a recreation area, home office, gym, or future customization to suit your needs. This beautiful home offers many thoughtful upgrades! With a new roof (2025), newer A/C and Furnace (2022), as well as your hot water tank that is owned (2024), you can move in with ease knowing all your big ticket items are covered. Outside, 40 Magee truly stands out among the rest! The expansive backyard offers endless opportunities to entertain, garden, or simply relax while enjoying the extra space that a double lot provides. You also have a large shed, perfect for storing all your gardening equipment! Conveniently located close to parks, schools, shopping, public transit, and everyday amenities, this home is full of potential in a fantastic location. Don't miss your opportunity to make it yours- don't delay, book your showing today!

Property details

Basement

Unfinished

Parking

4 spaces

Type

Detached — 1 1/2 Storey

Heating

Forced Air

AI property estimate

$420,000~6.6% below asking

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

$283,711$482,000

77% confidence · 37 sold homes within 2 km, by price per sq ft

Location & neighbourhood

East O

London East, ON

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,143
Property tax$487
Insurance (est.)$94
Utilities (est.)$250
Total monthly$2,974

Land transfer tax

Ontario LTT

$5,473

First-time rebate

$4,000

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

Price & listing history

Jul 24, 2026Listed
$449,900

Sold comparables nearby

160 Highbury Avenue, London EastSold

$352,000

160 Highbury Avenue, London East

2 bd·1 ba·1,100-1,500 sqft
9 STRATHCONA Drive, London EastSold

$555,000

9 STRATHCONA Drive, London East

3 bd·2 ba·700-1,100 sqft

See all 6 sold comparables

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Market conditions · East O

Buyer's marketBalancedSeller's market

Avg. sold price

$479,500

Sale-to-list ratio

97.4%

Based on 6 recent comparable sales near this home.

Affordability

Minimum household income required

$111,531

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

$420,000

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colinabbot@gmail.com

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