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$454,900

Estimated value $432K to $478K

Est. $2,131/mo mortgage

2bd·2ba·1,100-1,500sqft

41 Gunn Street · London, N6G 1C6

MLS® X13756304

48 days on market48 days on market

Listed Sep 8, 2026

Listing courtesy of Royal Lepage Triland Realty·Listing last changed Sep 12

Key facts

Property type
Detached
Square footage
1,100-1,500 sqft
Lot size
32.86 × 146.52 ft · < 0.50 acres
Age
100+ years
Parking
2 spaces
Property tax
$4,996/yr (2025)

Description

Welcome to this charming and well-located 2-bedroom home, ideally situated just minutes from Western University and downtown London. Nestled on a unique lot backing onto beautiful greenspace and the Thames River, this property offers a rare combination of urban convenience and natural privacy. The main level features a spacious living area, a well-appointed kitchen with ample cabinetry and island, and a dining area perfect for family meals or entertaining. A newly updated 3 piece bathroom, with glass shower, is also on the main floor. The upper level offers a bright and spacious primary bedroom highlighted by beautiful cathedral ceilings, creating an open and airy retreat. This level also features a well-appointed 5-piece bathroom complete with a relaxing soaker tub and a large walk-in shower. An additional bedroom completes the upper floor, making it ideal for family, guests, or a home office setup. The fully finished lower level features a large living area, utility room with a workbench, and separate door with walk-up access to the backyard. Step outside to discover one of the true highlights of this property - a private backyard retreat backing directly onto greenspace and steps from the Thames River. Whether you're enjoying your morning coffee, hosting summer gatherings, or simply taking in the tranquil surroundings, this outdoor space offers exceptional serenity. Walking distance to London Waldorf School, Western University, Thames Valley Parkway and biking trail, parks, public transit, and all the amenities of downtown, this property is perfect for first-time buyers, investors, or a family looking to enjoy a quiet setting without sacrificing convenience. Don't miss your opportunity to own a home in one of London's most accessible and scenic locations!

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Property details

Interior

Size
1,100-1,500 sqft
Rooms
8 rooms
Bathrooms
1 × 3-piece on Main, 1 × 5-piece on Second
Basement
Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Age
100+ years
Lot size
32.86 × 146.52 ft · < 0.50 acres
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

Parking
2 spaces

Fees & taxes

Property tax
$4,996/yr (2025)

Rooms

Main

Bathroom, 3 Pc Bath
1.84 × 2.18 m
Living Room
4.32 × 2.88 m
Dining Room
4.68 × 2.8 m
Other
1.14 × 1.12 m
Kitchen
4.19 × 2.6 m

Second

Bedroom
3.74 × 2.32 m
Primary Bedroom
5.83 × 3.8 m
Bathroom, 5 Pc Bath
3.74 × 2.65 m

Basement

Recreation
5.68 × 4.57 m
Utility Room, Walk-Up
5.69 × 3.33 m

Estimated value range

$432K to $478K

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
University Heights →

London North, ON

Residential neighbourhood bordering Western University, popular with faculty and professionals.

Schools nearbyclosest is Jeanne-Sauvé Public School, 440 m

Elementary

  • Jeanne-Sauvé Public School

    440 m · Grades JK-8

    Thames Valley District School Board

    7.1
  • St Georges Public School

    1.2 km · Grades JK-8

    Thames Valley District School Board

    8.0
  • Eagle Heights Public School

    1.3 km · Grades JK-8

    Thames Valley District School Board

    6.0

Secondary

  • London Central Secondary School

    1.6 km · Grades 9-12

    Thames Valley District School Board

    8.0
  • Catholic Central High School

    2.0 km · Grades 9-12

    London District Catholic School Board

    5.7
  • H B Beal Secondary School

    2.4 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. $2,892/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,131
Property tax$416
Insurance (est.)$95
Utilities (est.)$250
Total monthly$2,892
Land transfer tax$5,573 on closing

Ontario LTT

$5,573

First-time rebate

−$4,000

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

Price & listing history

$454,900

Listed Sep 8, 2026

On the market

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

Sold comparables nearby

14 Foster Avenue, London NorthSold

14 Foster Avenue, London North

3 bd·2 ba·1,500-2,000 sqft
21 Charles Street, London NorthSold

21 Charles Street, London North

2 bd·3 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

7 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 96.6% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$571,667

Sale-to-list ratio

96.6%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $117,000 household income

Minimum household income required

$117,000

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$1,900/mo median for 2 bed nearby

$1,900/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 81 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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