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$515,000

Estimated value $489K to $541K

Est. $2,413/mo mortgage

7bd·3ba·3,000-3,500sqft

575 Queens Avenue · London, N6B 1Y9

MLS® X13741942

45 days on market45 days on market

Listed Sep 3, 2026

Listing courtesy of Century 21 First Canadian Corp·Listing last changed Sep 4

Key facts

Property type
Detached
Square footage
3,000-3,500 sqft
Lot size
43 × 113 ft · < 0.50 acres
Parking
8 spaces
Property tax
$8,181/yr (2025)

Description

INVESTOR OPPORTUNITY IN WOODFIELD! This impressive property offers over 3,200 sq. ft. of living space and is currently configured as a duplex with 7 bedrooms, providing a unique opportunity for investors looking for a property with size, parking, and income potential in one of London's established neighbourhoods. Located in Woodfield, just steps from Old East Village. The property is separately metered, adding to its appeal for investors. An additional feature that sets this opportunity apart is the vacant City-owned lot directly next door, offering investors an interesting opportunity to explore the potential of the surrounding property and area, subject to all applicable approvals and due diligence. With its existing duplex configuration, 7 bedrooms, substantial square footage, separate metering and excellent parking, this property offers plenty of flexibility for an investor seeking a larger asset in a well-established London location. IMPORTANT: The property cannot be shown prior to an Agreement of Purchase being accepted. There will be no public showings. Buyers are encouraged to conduct their due diligence and review the property and applicable information following an accepted Agreement.

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Property details

Interior

Size
3,000-3,500 sqft
Rooms
17 rooms · 2 kitchens
Bathrooms
1 × 4-piece on Main, 1 × 4-piece on Second, 1 × 3-piece on Second
Basement
Unfinished, Partial Basement
Heating
Forced Air
Cooling
Window Unit(s)

Building & lot

Type
Detached, 2 1/2 Storey
Lot size
43 × 113 ft · < 0.50 acres
Exterior
Wood, Brick
Foundation
Concrete
Roof
Slate, Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
1 car Attached
Driveway
Private, Other (7 spaces)
Parking
8 spaces

Fees & taxes

Property tax
$8,181/yr (2025)

Rooms

Main

Other
4.67 × 4.83 m
Primary Bedroom
4.01 × 3.89 m
Bedroom
4.52 × 4.44 m
Dining Room
4.8 × 4.5 m
Bedroom
3.58 × 3.53 m
Living Room
4.57 × 4.67 m
Foyer
3.76 × 4.9 m
Laundry
2.84 × 4.29 m

Second

Other
4.52 × 9.17 m
Sitting
3.2 × 5.05 m
Primary Bedroom
4.06 × 6.96 m
Kitchen
4.24 × 5.16 m
Bedroom
5.51 × 4.83 m

Estimated value range

$489K to $541K

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 H B Beal Secondary School, 270 m

Elementary

  • St Mary School

    440 m · Grades 5-8

    London District Catholic School Board

    9.3
  • Woodfield French Immersion Public School

    570 m · Grades JK-8

    Thames Valley District School Board

    7.8
  • Aberdeen Public School

    940 m · Grades JK-8

    Thames Valley District School Board

    4.5

Secondary

  • H B Beal Secondary School

    270 m · Grades 9-12

    Thames Valley District School Board

    5.3
  • Catholic Central High School

    560 m · Grades 9-12

    London District Catholic School Board

    5.7
  • London Central Secondary School

    930 m · Grades 9-12

    Thames Valley District School Board

    8.0

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. $3,451/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,413
Property tax$682
Insurance (est.)$107
Utilities (est.)$250
Total monthly$3,451
Land transfer tax$6,775 on closing

Ontario LTT

$6,775

First-time rebate

−$4,000

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

Price & listing history

$515,000

Listed Sep 3, 2026

On the market

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

Sold comparables nearby

598 Ross Street, London EastSold

598 Ross Street, London East

6 bd·2 ba·700-1,100 sqft
786 Walker Street, London EastSold

786 Walker Street, London East

8 bd·3 ba·1,500-2,000 sqft

See what these 6 homes sold for

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Market conditionsBuyer’s market in London

7 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 97.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$648,080

Sale-to-list ratio

97.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $140,000 household income

Minimum household income required

$140,000

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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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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