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For sale
1 / 2

$699,900

Estimated value $665K to $735K

Est. $3,279/mo mortgage

4bd·2ba·1,500-2,000sqft

53 Victoria Street · London, N6A 2B1

MLS® X13738822

46 days on market46 days on market

Listed Sep 2, 2026

Listing courtesy of Century 21 First Canadian Corp. Dean Soufan INC.·Listing last changed 2 days ago

Key facts

Property type
Detached
Square footage
1,500-2,000 sqft
Lot size
40 × 225.75 ft · < 0.50 acres
Age
100+ years
Parking
3 spaces
Property tax
$5,803/yr (2026)

Description

Don't miss this rare opportunity to own a prime piece of real estate in one of London's most desirable locations! Quick 15-minute walk to UWO - Backing directly onto the Thames Valley Parkway and spectacular Gibbons Park, this property is one of fewer than 50 properties that enjoy this exceptional park setting. Situated on an impressive 40 foot by 225.75 foot lot, this 1.5 storey home offers incredible potential for renovation or redevelopment, with endless possibilities for investors, builders and those looking to create something truly unique. Steps down from Gibbons Park Montessori School. Book your showing today and explore the potential this exceptional property has to offer.This is an estate sale being handled by the Estate Trustee. The home has been unoccupied for quite sometime and is in need of repairs. The property is being sold as is where is, with no warranties or representations by the seller.

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Property details

Interior

Size
1,500-2,000 sqft
Rooms
10 rooms
Bathrooms
1 × 2-piece on Main, 1 × 4-piece on Second
Basement
Full, Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 1 1/2 Storey
Age
100+ years
Lot size
40 × 225.75 ft · < 0.50 acres
Exterior
Aluminum Siding, Vinyl Siding
Foundation
Concrete Block
Roof
Shingles
Water & sewer
Sewer

Parking

Garage
1 car Detached
Driveway
Private (2 spaces)
Parking
3 spaces

Fees & taxes

Property tax
$5,803/yr (2026)

Rooms

Main

Dining Room
3.73 × 3.78 m
Kitchen
3.96 × 3.78 m
Living Room
4.44 × 4.11 m

Second

Bedroom 2
3.83 × 2.28 m
Bedroom 4
3.83 × 2.74 m
Bedroom 3
3.65 × 2.74 m
Primary Bedroom
4.06 × 4.03 m

Estimated value range

$665K to $735K

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
Old North →

London East, ON

Tree-lined streets, heritage homes, walkable to Richmond Row.

Schools nearbyclosest is University Heights Public School, 1.0 km

Elementary

  • University Heights Public School

    1.0 km · Grades JK-8

    Thames Valley District School Board

    7.8
  • Jeanne-Sauvé Public School

    1.2 km · Grades JK-8

    Thames Valley District School Board

    7.1
  • Old North Public School

    1.3 km · Grades JK-8

    Thames Valley District School Board

    8.4

Secondary

  • London Central Secondary School

    2.3 km · Grades 9-12

    Thames Valley District School Board

    8.0
  • Catholic Central High School

    2.7 km · Grades 9-12

    London District Catholic School Board

    5.7

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. $4,158/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,279
Property tax$484
Insurance (est.)$146
Utilities (est.)$250
Total monthly$4,158
Land transfer tax$10,473 on closing

Ontario LTT

$10,473

First-time rebate

−$4,000

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

Price & listing history

$699,900

Listed Sep 2, 2026

On the market

Sold comparables nearby

7 Chalmers Street, London EastSold

7 Chalmers Street, London East

4 bd·3 ba·2,000-2,500 sqft
960 Richmond Street, London EastSold

960 Richmond Street, London East

5 bd·3 ba·1,500-2,000 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 94.7% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$741,333

Sale-to-list ratio

94.7%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $172,000 household income

Minimum household income required

$172,000

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$3,250/mo median for 4 bed nearby

$3,250/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 16 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

No obligation. Pick a time that suits you.

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

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