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945 Colborne Street

London East, N6A 4A5·MLS® X13660292

Listing courtesy of Re/max Advantage Realty LTD.·Updated 3 hours ago

Listing price

$499,000

Est. $2,377/mo

Days on market

1

Listed Aug 11, 2026

For sale
1 / 39
2bd·1ba·700-1,100sqft

Description

Attention First-Time Buyers! Welcome to this charming cottage-style bungalow nestled in the heart of sought-after Old North. Ideally located just minutes from Western University, St. Joseph's Hospital, and an easy walk to the shops, dining, and vibrant atmosphere of Richmond Row, this home offers the perfect blend of comfort and convenience. This inviting two-bedroom, one-bathroom home sits on a deep lot backing onto a peaceful schoolyard - providing privacy and plenty of space for gardening, entertaining, or simply relaxing in your own backyard retreat. Inside, you'll find thoughtful updates throughout, including a beautifully renovated kitchen complete with a gas line for the stove, waterline for the fridge, and sliding patio doors leading directly to the backyard - perfect for seamless indoor-outdoor living and summer BBQs. The bathroom features a luxurious heated floor for added comfort. Additional upgrades include a finished rec room/home theatre (2019), shingles (2016), spray foam insulation in the basement (2017), and a furnace with owned water heater (2010). With its superb location, tasteful updates, and cozy charm, this Old North gem is a must-see. Some photos have been virtually staged.

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Property details

Basement
Partially Finished
Parking
4 spaces
Type
Detached — Bungalow
Heating
Forced Air
Property tax
$4,124/yr (2025)

AI property estimate

$467,107~6.4% below asking

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

$406,383$527,831

72% confidence · 23 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Blackfriars

London East, ON

Small historic neighbourhood along the Thames River west of downtown with heritage homes.

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,377
Property tax$541
Insurance (est.)$104
Utilities (est.)$250
Total monthly$3,271
Land transfer taxOne-time, on closing

Ontario LTT

$6,455

First-time rebate

$4,000

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

Price & listing history

Listed 3 times · asking price down 6% from the first ask

$499,000 3%

Listed Aug 11, 2026

On the market
$517,000 2%

Listed May 26, 2026

On the market
$529,900

Listed Mar 26, 2026 · 60 days on market

Taken off the market

May 25, 2026

60 days on the market in total across 3 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

31 Blackfriars Street, London NorthSold

$350,000

31 Blackfriars Street, London North

3 bd·1 ba·1,100-1,500 sqft
647 Piccadilly Street, London EastSold

$500,000

647 Piccadilly Street, London East

2 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

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Market conditionsArgyle · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$623,917

Sale-to-list ratio

98.4%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$122,670

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$467,107

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbott

Broker

519-859-4579 · colin@searchlondonhomes.com

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