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40 Magee Street

London East, N5W 1C7·MLS® X13697274

Listing courtesy of Keller Williams Lifestyles·Updated 3 hours ago

Listing price

$439,900

Est. $2,095/mo

Days on market

1

Listed Aug 20, 2026

For sale
1 / 43
3bd·1ba·700-1,100sqft·51–99 yearsold

Description

Nestled in the quiet and sought-after neighbourhood of Fairmont in East London, is a charming 1 1/2 Storey home sitting on an impressive double lot, that offers endless possibilities for families, first-time home buyers, or investors alike! Welcome to 40 Magee Street.... From the moment you arrive, take in the spacious 4-car driveway, mature surroundings, and show stopping curb appeal! Step inside to discover so much more... With a bright and functional layout featuring an expansive living room, inviting kitchen, 3 well-appointed bedrooms - with the primary bedroom being on the main floor, and a 4-piece bathroom. The lower level is a blank canvas awaiting your personal touch! With additional living space, this offers plenty of room for a recreation area, home office, gym, or future customization to suit your needs. This beautiful home offers many thoughtful upgrades! With a new roof (2025), newer A/C and Furnace (2022), as well as your hot water tank that is owned (2024), you can move in with ease knowing all your big ticket items are covered. Outside, 40 Magee truly stands out among the rest! The expansive backyard offers endless opportunities to entertain, garden, or simply relax while enjoying the extra space that a double lot provides. You also have a large shed, perfect for storing all your gardening equipment! Conveniently located close to parks, schools, shopping, public transit, and everyday amenities, this home is full of potential in a fantastic location. Don't miss your opportunity to make it yours- don't delay, book your showing today!

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Property details

Type
Detached — 1 1/2 Storey
Age
51-99 years
Lot size
60 × 132 ft
Interior
700-1100 sqft
Rooms
7 rooms
Bathrooms
1 × 4-piece
Basement
Unfinished
Heating
Forced Air
Cooling
Central Air
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Water & sewer
Sewer
Driveway
Private Double (4 spaces)
Parking
4 spaces
Property tax
$2,733/yr (2025)

Rooms

Main

Primary Bedroom
2.86 × 3.52 m
Dining Room
3.03 × 2.46 m
Living Room
4.22 × 3.91 m
Kitchen
3.64 × 2.91 m

Upper

Bedroom 3
3.04 × 3.93 m
Bedroom 2
3.55 × 3.93 m

Lower

Recreation
7.72 × 6.98 m

AI property estimate

$365,000~17.0% below asking

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

$317,550$412,450

75% confidence · 36 sold homes within 2 km, by price per sq ft

Location & neighbourhood

London East

London East, ON

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,095
Property tax$477
Insurance (est.)$92
Utilities (est.)$250
Total monthly$2,914
Land transfer taxOne-time, on closing

Ontario LTT

$5,273

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 4 times · asking price down 10% from the first ask

$439,900 2%

Listed Aug 20, 2026

On the market
$449,900 5%

Listed Jul 24, 2026

On the market
$474,900 3%

Listed Jul 22, 2025 · 28 days on market

Taken off the market

Aug 19, 2025

$489,900

Listed Aug 14, 2023 · 77 days on market

Taken off the market

Oct 30, 2023

105 days on the market in total across 4 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

171 DAWN Drive, London EastSold

$540,000

171 DAWN Drive, London East

3 bd·2 ba·1,100-1,500 sqft
216 Winnipeg Street, London EastSold

$515,000

216 Winnipeg Street, London East

3 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

Create a free account to unlock premium data.

Market conditionsLondon East · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$459,667

Sale-to-list ratio

98.9%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$109,263

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

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AI estimate

$365,000

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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