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$479,900

Estimated value $456K to $504K

Est. $2,248/mo mortgage

2bd·1ba·700-1,100sqft

1178 Princess Avenue · London, N5W 3N3

MLS® X13652760

91 days on market91 days on market

Listed Aug 6, 2026

Listing courtesy of Royal Lepage Triland Realty·Listing last changed Oct 17

Key facts

Property type
Detached
Square footage
700-1,100 sqft
Lot size
119.72 × 228.27 ft
Parking
2 spaces
Property tax
$2,179/yr (2025)

Description

POSSIBLE SEVERENCE. Its a outdoor adventure here at the very end of Princess Ave! Just minutes from downtown in a thriving area with ample parking on 119 ft frontage. Cute and solid home with modern decor top to bottom. Pocket windows in kitchen overlook the perennial gardens. Front and rear lighted porches, stamped concrete, private patio, front yard fish pond and 2 storage sheds with hydro compliment the one of a kind property. The vinyl gazebo and fence add solid value. Economically friendly as the walls and attic had insulation upgrade. Basement consists well designed storage closets, laundry area and a hobby room. All appliances included. Move in and enjoy.

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Property details

Interior

Size
700-1,100 sqft
Rooms
4 rooms
Bathrooms
1 × 4-piece on Main
Basement
Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
119.72 × 228.27 ft
Exterior
Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Private (2 spaces)
Parking
2 spaces

Fees & taxes

Property tax
$2,179/yr (2025)

Rooms

Main

Bedroom
3.16 × 2.19 m
Living Room
3.27 × 3.07 m
Bedroom
3.06 × 2.82 m
Kitchen
3.07 × 3.82 m

Basement

Laundry
2.8 × 1.98 m
Other
2.8 × 1.98 m

Estimated value range

$456K to $504K

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 East Village →

London East, ON

Arts district with walkable streets and character homes.

Schools nearbyclosest is Thames Valley Alternative Secondary School, 480 m

Elementary

  • Académie de la Tamise

    730 m · Grades JK-6

    Conseil scolaire Viamonde

    7.4
  • Blessed Sacrament Separate School

    840 m · Grades JK-8

    London District Catholic School Board

    4.8
  • East Carling Public School

    1.0 km · Grades JK-8

    Thames Valley District School Board

    4.2

Secondary

  • Thames Valley Alternative Secondary School

    480 m · Grades 9-12

  • John Paul II Catholic Secondary School

    1.3 km · Grades 9-12

    London District Catholic School Board

    3.3
  • Robarts Provincial School for the Deaf

    1.5 km · Grades 9-12

    Provincial

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. $2,780/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,248
Property tax$182
Insurance (est.)$100
Utilities (est.)$250
Total monthly$2,780
Land transfer tax$6,073 on closing

Ontario LTT

$6,073

First-time rebate

−$4,000

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

Price & listing history

$479,900

Listed Aug 6, 2026

On the market

Sold comparables nearby

223 Michaelmas Street, London EastSold

223 Michaelmas Street, London East

2 bd·2 ba·700-1,100 sqft
22 Graydon Street, London EastSold

22 Graydon Street, London East

3 bd·2 ba·700-1,100 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 95.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$395,500

Sale-to-list ratio

95.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $114,000 household income

Minimum household income required

$114,000

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$1,725/mo median for 2 bed nearby

$1,725/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 76 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.

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