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$499,900

Estimated value $475K to $525K

Est. $2,342/mo mortgage

3bd·3ba·1,500-2,000sqft

12 Orchard Street · London, N6J 2R3

MLS® X13649504

91 days on market91 days on market

Listed Aug 6, 2026

Listing courtesy of Royal Lepage Triland Premier Brokerage·Listing last changed Aug 7

Key facts

Property type
Detached
Square footage
1,500-2,000 sqft
Lot size
54 × 192 ft
Parking
4 spaces
Property tax
$3,286/yr (2025)

Description

Conveniently located just steps from Old South, this Licensed two-unit property offers an excellent opportunity for investors or owner-occupiers alike. The spacious main floor unit features two bedrooms, updated flooring throughout, a large kitchen, a generous 4-piece bathroom, and a bright living room with bay window. The dining room, which can also serve as a second bedroom, provides access to the large backyard and deck-perfect for relaxing or entertaining. The upper-level apartment offers one bedroom, a 4-piece bathroom, and an open-concept living area adjoining the kitchen. A separate entrance to the basement provides access to shared laundry facilities serving both units. Outside, enjoy a detached garage, ample parking, and a spacious yard rare for this sought-after neighbourhood. Located close to parks, schools, public transit, downtown, and all that Old South has to offer, this income property combines location, flexibility, and investment potential.

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Property details

Interior

Size
1,500-2,000 sqft
Rooms
8 rooms · 2 kitchens
Bathrooms
1 × 4-piece on Second, 1 × 4-piece on Upper, 1 × 2-piece on Lower
Basement
Partial Basement, Separate Entrance, Unfinished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 1 1/2 Storey
Lot size
54 × 192 ft
Exterior
Stucco (Plaster)
Foundation
Unknown
Roof
Shingles
Water & sewer
Sewer

Parking

Garage
1 car Detached
Driveway
Private (4 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$3,286/yr (2025)

Estimated value range

$475K to $525K

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
Old South →

London South, ON

Established neighbourhood with character homes and walkable local businesses south of downtown.

Schools nearbyclosest is Victoria Public School, 260 m

Elementary

  • Victoria Public School

    260 m · Grades JK-8

    Thames Valley District School Board

    3.3
  • St Martin Separate School

    1000 m · Grades JK-8

    London District Catholic School Board

    7.5
  • Kensal Park Public School

    1.3 km · Grades JK-8

    Thames Valley District School Board

    7.1

Secondary

  • London South Collegiate Institute

    1.8 km · Grades 9-12

    Thames Valley District School Board

    4.2
  • Westminster Secondary School

    2.1 km · Grades 9-12

    Thames Valley District School Board

    2.7
  • London Central Secondary School

    2.2 km · Grades 9-12

    Thames Valley District School Board

    8.0

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. $2,970/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,342
Property tax$274
Insurance (est.)$104
Utilities (est.)$250
Total monthly$2,970
Land transfer tax$6,473 on closing

Ontario LTT

$6,473

First-time rebate

−$4,000

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

Price & listing history

$499,900

Listed Aug 7, 2026

On the market

Sold comparables nearby

35 Mackay Avenue, London SouthSold

35 Mackay Avenue, London South

3 bd·1 ba·700-1,100 sqft
340 Riverside Drive, London NorthSold

340 Riverside Drive, London North

3 bd·3 ba·1,500-2,000 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 96.5% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$483,833

Sale-to-list ratio

96.5%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $122,000 household income

Minimum household income required

$122,000

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

Rental market$2,400/mo median for 3 bed nearby

$2,400/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 54 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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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.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark REALTOR® is controlled by CREA and identifies real estate professionals who are members of CREA.

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