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$599,000

Est. $2,806/mo mortgage

4+2bd·2ba·1,100-1,500sqft

185 Thurman Circle · London East, N5V 4Z1

MLS® X13659736

47 days on market47 days on market

Listed Aug 10, 2026

Listing courtesy of Sam Singh Realty INC.·Updated Aug 11

Description

Excellent turnkey investment opportunity near Fanshawe College. This well-maintained, carpet-free home is ideally located just minutes from campus, with easy access to public transit, shopping, grocery stores, and downtown amenities.Currently generating strong cash flow with $5,000 Plus in monthly rental income, this property is perfectly suited for student housing. It features six spacious bedrooms and two full bathrooms, offering a practical and high-demand layout.Recent updates include a newly installed heat pump for efficient year-round comfort. The home also offers a single-car garage, ample driveway parking, and a fully fenced backyard for added privacy and outdoor space.Tenants are already in place and willing to stay, ensuring a smooth and immediate transition for the new owner. A rare chance to secure a high-yield property in a prime, well-connected location. All measurements, dimensions, room sizes, lot sizes and square footage are approximate and have been provided for general information purposes only. Buyer and Buyer's Representative are advised to independently verify all measurements and information that may be material to the Buyer's decision to purchase. Neither the Seller, Listing Brokerage nor Listing Representative makes any representation or warranty regarding the accuracy or completeness of such measurements or information.

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Property details

Interior

Size
1100-1500 sqft
Bedrooms
4 above grade, 2 lower level
Rooms
9 rooms
Bathrooms
2 × 4-piece
Basement
Finished
Heating
Heat Pump
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Lot size
41.01 × 105.02 ft
Exterior
Aluminum Siding, Shingle
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
1 car Attached
Driveway
Front Yard Parking (3 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$4,862/yr (2025)

Rooms

Main

Dining Room
4.06 × 2.9 m
Bedroom 3
3.3 × 3.2 m
Kitchen, B/I Appliances
4.06 × 3.01 m
Bedroom
4.57 × 3.53 m
Bathroom, 4 Pc Bath
2.16 × 2.77 m
Bedroom 2
4.01 × 3.1 m

Second

Bedroom 5
4.26 × 3.69 m
Bedroom 4
3.59 × 3.69 m
Bedroom
3.76 × 3.98 m

Lower

Living Room
6.24 × 2.92 m

In Between

Bathroom, 4 Pc Bath
1.55 × 2.21 m

AI property estimate

$575,640Estimate is ~3.9% below asking

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

$518,076$633,204

73% confidence · 38 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Huron Heights →

London East, ON

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

Monthly paymentest. $3,542/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,806
Property tax$361
Insurance (est.)$125
Utilities (est.)$250
Total monthly$3,542
Land transfer tax$8,455 on closing

Ontario LTT

$8,455

First-time rebate

−$4,000

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

Price & listing history

$599,000

Listed Aug 10, 2026

On the market

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

Sold comparables nearby

93 Goldwick Crescent, London EastSold

93 Goldwick Crescent, London East

3 bd·3 ba·1,500-2,000 sqft
954 Chippewa Drive, London EastSold

954 Chippewa Drive, London East

3 bd·2 ba·1,100-1,500 sqft

See what these 6 homes sold for

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Market conditionsBalanced market in Huron Heights

Homes here are selling close to asking. Based on 6 sales in the last 90 days, at an average of 100.5% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$581,917

Sale-to-list ratio

100.5%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $147,000 household income

Minimum household income required

$147,000

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$2,550/mo median for 4 bed nearby

$2,550/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 10 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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