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For sale
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$324,999

Estimated value $309K to $341K

Est. $1,523/mo mortgage

4bd·2ba·700-1,100sqft

565 South Street · London, N6B 1C5

MLS® X13734730

47 days on market47 days on market

Listed Sep 1, 2026

Listing courtesy of Right At Home Realty·Listing last changed Sep 1

Key facts

Property type
Detached
Square footage
700-1,100 sqft
Lot size
29 × 93.14 ft
Age
100+ years
Parking
2 spaces
Property tax
$2,012/yr (2025)

Description

Attention investors, Builders and Contractors Renovators! Prime location, trendy growing area, solid potential, this bungalow is ready for your personal touch. The property is close to transit, amenities and downtown. Strong potential for rental with separate entrances. With a little TLC, this property can truly shine and unlock even greater returns. Important updates include roof (2010), siding, doors and windows (2011), furnace and A/C (2011), rental water heater (2012), and attic insulation (2014), helping reduce major capital costs. Add value, build equity, and capitalize on the upside this amazing property offers. Great opportunity for making an additional Residential Unit at the back. Properties as is, where is.

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Property details

Interior

Size
700-1,100 sqft
Rooms
10 rooms
Bathrooms
1 × 4-piece on Ground, 1 × 3-piece on Ground
Basement
Crawl Space
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Age
100+ years
Lot size
29 × 93.14 ft
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Shingles
Water & sewer
Sewer

Parking

Parking
2 spaces

Fees & taxes

Property tax
$2,012/yr (2025)

Rooms

Main

Common Room
4.32 × 2.65 m
Bedroom 4
3.05 × 2.3 m
Bedroom 2
2.6 × 2.8 m
Kitchen
2.74 × 2.07 m
Bathroom
1.82 × 3.05 m
Bathroom
2.37 × 1.52 m
Office
2.07 × 1.98 m
Bedroom
3.44292 × 2.92 m
Bedroom 3
2.43 × 2.71 m

Estimated value range

$309K to $341K

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
Downtown London →

London East, ON

Urban core with condos, restaurants, and transit access.

Schools nearbyclosest is Aberdeen Public School, 340 m

Elementary

  • Aberdeen Public School

    340 m · Grades JK-8

    Thames Valley District School Board

    4.5
  • St. John French Immersion School

    420 m · Grades JK-8

    8.4
  • Lester B Pearson School for the Arts

    800 m · Grades 4-8

    Thames Valley District School Board

    9.1

Secondary

  • B Davison Secondary School

    690 m · Grades 9-12

    Thames Valley District School Board

  • G A Wheable Secondary School

    1.0 km · Grades 9-12

  • H B Beal Secondary School

    1.1 km · Grades 9-12

    Thames Valley District School Board

    5.3

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. $2,008/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,523
Property tax$168
Insurance (est.)$68
Utilities (est.)$250
Total monthly$2,008
Land transfer tax$3,350 on closing

Ontario LTT

$3,350

First-time rebate

−$3,350

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

Price & listing history

$324,999

Listed Sep 1, 2026

On the market

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

Sold comparables nearby

22 Hyatt Avenue, London EastSold

22 Hyatt Avenue, London East

3 bd·2 ba·1,500-2,000 sqft
1136 Brydges Street, London EastSold

1136 Brydges Street, London East

3 bd·1 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

6.5 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 93.8% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$400,600

Sale-to-list ratio

93.8%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $81,000 household income

Minimum household income required

$81,000

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.

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Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

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(226) 212-5099 · colin@searchlondonhomes.com

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