494 Highbury Avenue · London, N5W 4K4
MLS® X13733638
Listed Sep 1, 2026
Listing courtesy of Thrive Realty Group INC.·Listing last changed Sep 1
Key facts
- Property type
- Detached
- Square footage
- 700-1,100 sqft
- Lot size
- 35 × 125 ft
- Parking
- 4 spaces
- Property tax
- $2,079/yr (2026)
Description
Solid brick bungalow with two bedrooms and updated kitchen. Large backyard and a single car detached garage! Conveniently located near bus routes, schools and shopping, this home is a great investment or perfect for right-sizers and first time buyers. Offered tenanted and with a quick close available. A nice addition to your portfolio!
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Property details
Interior
- Size
- 700-1,100 sqft
- Rooms
- 6 rooms
- Bathrooms
- 1 × 4-piece
- Basement
- Full, Partially Finished
- Heating
- Other
- Cooling
- None
Building & lot
- Type
- Detached, Bungalow
- Lot size
- 35 × 125 ft
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Shingles
- Water & sewer
- Sewer
Parking
- Garage
- 1 car Detached
- Parking
- 4 spaces
Fees & taxes
- Property tax
- $2,079/yr (2026)
Rooms
Main
- Bedroom 2
- 2.9 × 4.06 m
- Foyer
- 1.35 × 1.03 m
- Bathroom, 4 Pc Bath
- 1.93 × 1.47 m
- Primary Bedroom
- 2.9 × 3.78 m
- Kitchen
- 3.17 × 4.42 m
- Living Room
- 3.17 × 4.06 m
Basement
- Other
- 6.17 × 9.51 m
Estimated value range
$399K to $441K
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.
Schools nearbyclosest is Académie de la Tamise, 810 m
Elementary
- 7.4
Académie de la Tamise
810 m · Grades JK-6
Conseil scolaire Viamonde
- 4.0
Prince Charles Public School
1.0 km · Grades JK-8
Thames Valley District School Board
- 5.5
Ealing Public School
1.3 km · Grades JK-8
Thames Valley District School Board
Secondary
Thames Valley Alternative Secondary School
890 m · Grades 9-12
B Davison Secondary School
2.1 km · Grades 9-12
Thames Valley District School Board
- 3.3
John Paul II Catholic Secondary School
2.3 km · Grades 9-12
London District Catholic School Board
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 School boards set their own attendance areas and do not publish them, so a school listed here is not a guarantee of placement.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. $2,477/mo all in
Monthly payment estimate
Land transfer tax$4,873 on closing
Ontario LTT
$4,873
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 Sep 1, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold83 Eastman Avenue, London East
Sold473 Dorinda Street, London East
See what these 6 homes sold for
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Market conditionsBuyer’s market in London
6.5 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 96% of asking.
Avg. sold price
$412,917
Sale-to-list ratio
96%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $101,000 household income
Minimum household income required
$101,000
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? Ask Colin →Rental market$1,700/mo median for 2 bed nearby
$1,700/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 77 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.
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
No obligation. Pick a time that suits you.
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