1566 Nairn Avenue
London East, N5V 2P2·MLS® X13608868
Listing courtesy of Sutton Group - Select Realty·Updated 6 hours ago
Listing price
$450,000
Est. $2,143/mo
Days on market
Listed Jul 27, 2026
Description
Opportunity knocks for investors and homeowners alike! Ideally located in a quiet, established neighbourhood just minutes from Fanshawe College, this beautifully updated 2+2 bedroom, 2 full bathroom home offers exceptional flexibility and income potential.The bright main floor features impressive mid-century inspired sloped ceilings, large windows that flood the space with natural light, durable hard-surface flooring throughout, an updated kitchen with quartz countertops, and renovated bathrooms. The floor plan was reworked to turn 3 small bedrooms into 2 spacious ones! Numerous improvements over the years include updated flooring, windows, roof shingles, and a fully finished basement.The lower level is particularly appealing, featuring a separate private entrance, extra-high ceilings, and two spacious bedrooms with large egress windows-creating excellent potential for a future secondary suite or multi-generational living arrangement.Outside, enjoy the convenience of a covered carport, a large private driveway, and a mature lot in a sought-after location close to schools, parks, shopping, transit, and Fanshawe College. Currently tenanted by a family who would be happy to stay, making this a turnkey investment opportunity. Vacant possession may be available to owner-occupying purchasers with proper notice requirements.Please note: Some photos were taken prior to tenant occupancy and are provided to better showcase the property and layout.
Property details
Garage
1 car Carport
Basement
Full, Separate Entrance, Finished
Parking
4 spaces
Type
Semi-Detached — Bungalow
Heating
Forced Air
Property tax
$2,867/yr (2025)
AI property estimate
Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.
79% confidence · 24 sold homes within 2 km, by price per sq ft
Monthly payment estimate
Land transfer tax
Ontario LTT
$5,475
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$400,000
1502 Beckworth Avenue, London East
Sold$385,000
1568 Nairn Avenue, London East
See all 6 sold comparables
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Market conditions · East D
Avg. sold price
$389,250
Sale-to-list ratio
96.6%
Based on 6 recent comparable sales near this home.
Affordability
Minimum household income required
$111,552
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Not sure about financing? Ask Colin →Similar Listings
AI estimate
$463,832
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbott
Broker
519-859-4579 · colinabbot@gmail.com
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