202 Michaelmas Street · London, N5Y 1N1
MLS® X13780322
Listed Sep 12, 2026
Listing courtesy of Sutton Group Preferred Realty INC.·Listing last changed Sep 24
Key facts
- Property type
- Detached
- Square footage
- 700-1,100 sqft
- Lot size
- 60 × 131.94 ft
- Parking
- 7 spaces
- Property tax
- $3,558/yr (2025)
Description
Great property for a family or someone that would like to live there with extra rental income. Raised bungalow with single garage in Huron Heights. Upper level contains of large open concept living/din room with kitchen, 2 bdrms and 4 pc bath. Main floor features: kitchen, 3 berms and 4pc bathroom. There is a separate entrance off the garage to the main floor. Parking for 7 cars. Many upgrades over the years: upper floor kitchen, bathrooms, flooring, furnace, a/c on-demand water heater. Currently rented $3,000.00 plus all utilities. Tenants are willing to vacate or stay and sign a new lease. Close by Fanshawe College, shopping, bus stop, restaurants.
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Property details
Interior
- Size
- 700-1,100 sqft
- Bedrooms
- 2 above grade, 3 lower level
- Rooms
- 4 rooms
- Bathrooms
- 1 × 4-piece on Main, 1 × 4-piece on Basement
- Basement
- Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow-Raised
- Lot size
- 60 × 131.94 ft
- Exterior
- Brick, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Shingles
- Water & sewer
- Sewer
Parking
- Garage
- 1 car Attached
- Parking
- 7 spaces
Fees & taxes
- Property tax
- $3,558/yr (2025)
Estimated value range
$518K to $572K
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.
Schools nearbyclosest is Lord Elgin Public School, 120 m
Elementary
- 3.9
Lord Elgin Public School
120 m · Grades JK-8
Thames Valley District School Board
- 5.3
Sir John A Macdonald Public School
500 m · Grades JK-8
Thames Valley District School Board
École élémentaire Gabriel-Dumont
780 m · Grades 7-8
Secondary
- 6.3
École secondaire catholique Monseigneur-Bruyère
820 m · Grades 9-12
Conseil scolaire de district des écolesCatholique
Robarts Provincial School for the Deaf
1.2 km · Grades 9-12
Provincial
Robarts/Amethyst Demonstration Secondary School
1.2 km · Grades 9-12
Provincial
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. $3,213/mo all in
Monthly payment estimate
Land transfer tax$7,373 on closing
Ontario LTT
$7,373
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 Sep 12, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold1611 Blackmaple Crescent, London East
Sold386 Mornington Avenue, London East
See what these 6 homes sold for
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Market conditionsBuyer’s market in London
6.2 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 95.5% of asking.
Avg. sold price
$496,000
Sale-to-list ratio
95.5%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $132,000 household income
Minimum household income required
$132,000
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? Call Colin at (226) 212-5099 or text
Rental market$1,750/mo median for 2 bed nearby
$1,750/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 64 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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Colin Abbot, Broker
Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
Not intended to solicit clients already under contract.
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