Skip to content
For sale
1 / 8

$699,000

Est. $3,275/mo mortgage

4bd·2ba·1,500-2,000sqft

1049 Talbot Street · London East, N6A 2V9

MLS® X13642708

50 days on market50 days on market

Listed Aug 5, 2026

Listing courtesy of List299.com Realty LTD.·Updated Aug 6

Description

1049 Talbot Street offers the versatility of its size and location to be used as a wonderful single-family home or a 7 bedroom student rental. Legal duplex is also possible with the separate basement entrance. In 2014, the basement was professionally damp-proofed with tile, a sump pump, and completely wall wrapped. The upstairs offers a variety of configurations, up to five bedrooms, or four bedrooms with a main floor family room. Highlights are coffered ceilings, crown moulding, hardwood flooring, vinyl tile in the kitchen and bathroom. As a single family home, the basement could be used as an office with a separate entrance and a lower family room. The basement includes a 4 piece bath and a kitchen area. The exterior of the home is yellow brick with a two-car garage that has hydro and insulated walls. The corner lot provides up to seven parking spaces. This is rare in Old North; the lot is completely treed, offering a treed canopy over the back patio. 100 amp service, Lenox two-stage furnace and air conditioning; approximately 12 years old; fully serviced and in proper working order.Presently, it is owner-occupied with two student renters. The home can be vacant on closing, or the renters would stay. Room rental varies from $700.00 to $800.00 per room per month.

Read more ›

Keep notes on this home

Jot down what you thought and mark it as toured. Private to you.

Property details

Interior

Size
1500-2000 sqft
Rooms
7 rooms
Bathrooms
1 × 4-piece on Ground, 1 × 4-piece on Basement
Basement
Separate Entrance, Partially Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 1 1/2 Storey
Age
51-99 years
Lot size
35 × 140 ft
Exterior
Aluminum Siding, Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
2 car Detached
Parking
6 spaces

Fees & taxes

Property tax
$5,029/yr (2025)

AI property estimate

$744,000Estimate is ~6.4% above asking

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

$669,600$818,400

80% confidence · 39 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Old North

London East, ON

Tree-lined streets, heritage homes, walkable to Richmond Row.

Schools

Old North Public School on Waterloo Street (JK to 8) serves the neighbourhood and is well-regarded by local families. London Central Secondary School on Waterloo Street, the oldest high school in the city, tracing its roots to 1826, is the local secondary and known for its arts and academic programs.

Amenities

Richmond Row, the lively strip of shops, restaurants, and cafes along Richmond Street, is within easy walking distance and serves as the neighbourhood's commercial spine. University Hospital and Western's campus are minutes away, making Old North a draw for medical professionals and faculty.

Lifestyle

Old North offers a walkable, culturally rich daily life with neighbourhood parks, riverside trails, and easy access to both the university and downtown. The mix of established families, academics, and graduate students creates a vibrant, engaged community where historic preservation and active street life go hand in hand.

Monthly paymentest. $4,092/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,275
Property tax$421
Insurance (est.)$146
Utilities (est.)$250
Total monthly$4,092
Land transfer tax$10,455 on closing

Ontario LTT

$10,455

First-time rebate

$4,000

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

Price & listing history

$699,000

Listed Aug 5, 2026

On the market

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

Sold comparables nearby

110 Thornton Avenue, London EastSold

110 Thornton Avenue, London East

3 bd·2 ba·1,100-1,500 sqft
457 St George Street, London EastSold

457 St George Street, London East

3 bd·2 ba·1,500-2,000 sqft

See what these 6 homes sold for

Create a free account to unlock premium data.

Market conditionsBuyer's market in Argyle

Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 96% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$664,317

Sale-to-list ratio

96%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $171,000 household income

Minimum household income required

$171,000

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.

Not sure about financing? Ask Colin
Rental market$3,300/mo median for 4 bed nearby

$3,300/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 13 leases.

What comparable homes actually leased for, not an estimate of what this one would rent for. Rent depends on condition, finishes and timing in ways this figure cannot see.

Similar Listings

Own a home in Argyle?

Find out what it's worth.

Get your free valuation →
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

Message Colin about this home

By submitting, you agree to receive communications from Oak and Key Real Estate Brokerage Inc. You can unsubscribe at any time.

Get notified about similar homes

New detached listings in East B.