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296 Sarnia Road

London North, N6G 1N3·MLS® X13745394

Listing courtesy of Century 21 First Canadian Corp·Updated 9 hours ago

Listing price

$799,900

Est. $3,810/mo

Days on market

2

Listed Sep 4, 2026

For sale
1 / 14
3bd·2ba·1,500-2,000sqft·51 to 99 yearsold

Description

Exceptional investment opportunity just steps from Western University. This spacious bungalow features 1,595 sq. ft. on the main level plus a bright walk-out lower level with a separate rear entrance, four large above-grade windows, and generous ceiling height perfect for adding bedrooms or potentially creating an Accessory Residential Unit (ARU). Set on a 75' x 150' lot fronting Sarnia Rd, the property offers tremendous long-term potential. The oversized garage provides excellent storage or additional rental income, while the double-wide driveway easily accommodates 10+ vehicles. Meticulously maintained and updated with modern mechanicals, including a new furnace and A/C (2021) and an owned hot water tank (2022). Offered with vacant possession, giving investors the flexibility to prospect tenants, earn market rent, or explore all the ways you can maximize your return on investment. Whether you're an investor, developer, or a parent with a student attending Western University, this property offers a rare combination of space, location, and future upside, an ideal opportunity to add to your portfolio in one of London's most lucrative rental areas.

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Property details

Type
Detached, Bungalow
Age
51-99 years
Lot size
75.02 × 150 ft · < .50 acres
Interior
1500-2000 sqft
Rooms
9 rooms
Bathrooms
1 × 3-piece on Main, 1 × 3-piece on Lower
Basement
Development Potential, Finished with Walk-Out
Heating
Forced Air
Cooling
Central Air
Exterior
Aluminum Siding, Brick Veneer
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer
Garage
1 car Attached
Driveway
Private Double (11 spaces)
Parking
12 spaces
Property tax
$4,991/yr (2026)

Rooms

Main

Bedroom 3
3.99 × 3.16 m
Living Room
4.51 × 4.23 m
Dining Room
3.38 × 4.23 m
Kitchen
4.6 × 3.61 m
Bathroom
2.9 × 2.37 m
Bedroom 2
3.41 × 5.02 m
Sunroom
3.73 × 2.51 m
Primary Bedroom
4.45 × 4.08 m
Foyer
2.31 × 3.23 m

Basement

Recreation
8.83 × 7.06 m
Bathroom
1.65 × 2.33 m
Utility Room
6.94 × 9.73 m
Den
3.17 × 3.25 m

AI property estimate

$730,165~8.7% below asking

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

$657,149$803,182

77% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Downtown London

London North, ON

Urban core with condos, restaurants, and transit access.

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$3,810
Property tax$867
Insurance (est.)$167
Utilities (est.)$250
Total monthly$5,093
Land transfer taxOne-time, on closing

Ontario LTT

$12,473

First-time rebate

$4,000

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

Price & listing history

Listed 2 times · asking price down 15% from the first ask

$799,900 15%

Listed Sep 4, 2026

On the market
$939,900

Listed Oct 13, 2025 · 61 days on market

Listing expired

Dec 13, 2025

61 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

57 Britannia Avenue, London NorthSold

$450,000

57 Britannia Avenue, London North

2 bd·1 ba·< 700 sqft
803 Sandcherry Street, London NorthSold

$640,000

803 Sandcherry Street, London North

3 bd·2 ba·1,500-2,000 sqft

See what these 6 homes sold for

Create a free account to unlock premium data.

Market conditionsDowntown London · last 90 days
Buyer's marketBalancedSeller's market

Avg. sold price

$628,183

Sale-to-list ratio

106.2%

Based on 6 recent comparable sales near this home.

AffordabilityWhat income this home needs

Minimum household income required

$190,998

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

Not sure about financing? Ask Colin

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AI estimate

$730,165

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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