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$999,999

Estimated value $950K to $1M

Est. $4,685/mo mortgage

5bd·4ba·2,000-2,500sqft

1988 River Road · London, N5W 6C2

MLS® X13644844

91 days on market91 days on market

Listed Aug 6, 2026

Listing courtesy of Commitment Realty LTD.·Listing last changed Oct 27

Key facts

Property type
Detached
Square footage
2,000-2,500 sqft
Lot size
137.53 × 429.63 ft · 0.50-1.99 acres
Age
51-99 years
Parking
40 spaces
Property tax
$6,823/yr (2025)

Description

1.09 ACRE LAND, Live and Run your own business from Home, , GI1 (General Industrial) Zoning, 2 Family home, , Easy showing with Lockbox, property was rented for $ 6,500.00 Monthly.

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Property details

Interior

Size
2,000-2,500 sqft
Rooms
11 rooms · 2 kitchens
Bathrooms
1 × 3-piece on Main, 1 × 2-piece on Main, 1 × 4-piece on Second, 1 × 4-piece on Main
Basement
Crawl Space, Unfinished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Age
51-99 years
Lot size
137.53 × 429.63 ft · 0.50-1.99 acres
Exterior
Vinyl Siding, Wood
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Septic
Pool
Above Ground

Parking

Garage
6 car Carport
Driveway
Circular Drive (6 spaces)
Parking
40 spaces

Fees & taxes

Property tax
$6,823/yr (2025)

Rooms

Main

Kitchen, window, ceramic backsplash, ceramic floor
4.11 × 6.55 m
Living Room, laminate, window
5.79 × 5.02 m

Second

Bedroom, laminate, window
7.31 × 4.26 m
Bedroom 2, laminate, window
4.26 × 3.2 m
Bedroom 3, laminate, window
4.26 × 3.2 m

Ground

Bedroom 5, laminate, window
4.57 × 3.81 m
Kitchen, ceramic backsplash, ceramic floor, window
2.74 × 2.75 m
Living Room, laminate, window
3.35 × 5.81 m
Bedroom 4, laminate, window
4.57 × 2.74 m

Estimated value range

$950K to $1M

An automated range from recent comparable sales nearby. It is not an appraisal and says nothing about whether this home is priced correctly; condition, finishes and timing are outside what it can see.

Based on a model of 13,409 London sales through September 2026; it lands within 10% of the sold price on 64% of homes. Shown within 5% of the asking price.

Location & neighbourhood

Directions
Huron Heights →

London East, ON

Large northeast area with schools, parks, and diverse housing near Fanshawe College.

Schools nearbyclosest is John P Robarts Public School, 1.1 km

Elementary

  • John P Robarts Public School

    1.1 km · Grades JK-8

    Thames Valley District School Board

    4.7
  • Holy Family Elementary School

    1.2 km · Grades JK-8

    London District Catholic School Board

    5.3
  • Tweedsmuir Public School

    2.2 km · Grades JK-8

    Thames Valley District School Board

    5.3

Secondary

  • Clarke Road Secondary School

    2.6 km · Grades 9-12

    Thames Valley District School Board

    3.8

Distances are straight-line from this address. School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement. Confirm with the board before you rely on it.

Monthly paymentest. $5,711/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$4,685
Property tax$569
Insurance (est.)$208
Utilities (est.)$250
Total monthly$5,711
Land transfer tax$16,475 on closing

Ontario LTT

$16,475

First-time rebate

−$4,000

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

Price & listing history

$999,999

Listed Aug 6, 2026

On the market

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

Sold comparables nearby

54 Bowcott Crescent, London EastSold

54 Bowcott Crescent, London East

4 bd·2 ba·1,500-2,000 sqft
7 - 2835 Sheffield Place, London SouthSold

7 - 2835 Sheffield Place, London South

5 bd·4 ba·2,500-2,749 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

Market conditionsBuyer’s market in London

6.1 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 99.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$657,400

Sale-to-list ratio

99.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $238,000 household income

Minimum household income required

$238,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.

Not sure about financing? Call Colin at (226) 212-5099 or text

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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099

Not intended to solicit clients already under contract.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

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