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For sale
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$539,000

Est. $2,525/mo mortgage

2bd·2ba·700-1,100sqft

70 Mackay Avenue · London South, N6J 2V5

MLS® X13647780

48 days on market48 days on market

Listed Aug 6, 2026

Listing courtesy of Exp Realty·Updated 4 days ago

Description

Welcome to 70 Mackay Avenue, where multi-generational living meets modern luxury. Located in one of London's most desirable neighbourhoods, just minutes from the vibrant shops, restaurants, and amenities surrounding Wortley Village, this 4 bedroom, 2 bathroom property offers outstanding flexibility for families, investors, or those seeking an in-law setup. This property was previously generating $3,900 per month in rental income, presenting a fantastic opportunity in a high-demand rental market. Whether you're looking for a place to call home or a strong income-producing asset, 70 Mackay Avenue is a rare offering that combines quality, location, and versatility. This property features all new vinyl flooring and ceramic tile throughout, brand new windows, stunning granite countertops in both kitchens, 200-amp electrical service, and new front and rear porches. The detached garage has also been refreshed with a new roof and siding, adding to the property's exceptional curb appeal and future additional income potential. Reach out today to book your private viewing!

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Property details

Interior

Interior
700-1100 sqft
Rooms
6 rooms
Bathrooms
2 × 3-piece
Basement
Separate Entrance, Full, Finished, Apartment
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
38 × 98 ft
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Private (3 spaces)
Parking
3 spaces

Fees & taxes

Property tax
$2,835/yr (2025)

AI property estimate

$436,512Estimate is ~19.0% below asking

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

$392,861$480,163

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

Location & neighbourhood

Directions
Wortley Village

London South, ON

Artisan neighbourhood with boutique shops and cafes.

Monthly paymentest. $3,212/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,525
Property tax$325
Insurance (est.)$112
Utilities (est.)$250
Total monthly$3,212
Land transfer tax$7,255 on closing

Ontario LTT

$7,255

First-time rebate

$4,000

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

Price & listing history

$539,000

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

286 Highview Crescent, London SouthSold

286 Highview Crescent, London South

3 bd·3 ba·2,000-2,500 sqft
282 Cathcart Street, London SouthSold

282 Cathcart Street, London South

3 bd·2 ba·1,100-1,500 sqft

See what these 6 homes sold for

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Market conditionsBalanced market in London South

Homes here are selling close to asking. Based on 6 sales in the last 90 days, at an average of 98% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$620,000

Sale-to-list ratio

98%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $133,000 household income

Minimum household income required

$133,000

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$1,925/mo median for 2 bed nearby

$1,925/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 59 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.

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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