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$578,000

Estimated value $549K to $607K

Est. $2,708/mo mortgage

3+2bd·2ba·700-1,100sqft

297 Hungerford Street · London, N5W 6E3

MLS® X13785650

45 days on market45 days on market

Listed Sep 15, 2026

Listing courtesy of Re/max Centre City Realty INC.·Listing last changed Sep 25

Key facts

Property type
Detached
Square footage
700-1,100 sqft
Lot size
32.81 × 88.32 ft · < 0.50 acres
Parking
4 spaces
Property tax
$3,437/yr (2025)

Description

This is the one you've been waiting for! Welcome to this charming, bright bungalow offering the perfect blend of family living and excellent income potential. With a fully finished lower level and an active City of London rental license already in place, this home is an ideal opportunity for first-time buyers, families, or investors looking to offset their mortgage with rental income. Imagine enjoying your own private living space upstairs in a peaceful, quiet neighborhood while the lower-level rental income helps with the mortgage. It's a smart way to make homeownership more affordable! The main floor features a living room with beautiful hardwood flooring, which continues through the hallway and all 3 spacious bedrms , complemented by a full bathroom. The functional kitchen features a convenient breakfast-bar peninsula and a comfortable eat-in area overlooking a large bay window. Downstairs through the separate side entrance and discover an impressive, fully finished lower level designed with flexibility and functionality in mind. The lower level features a full kitchen, comfortable living room, two additional bedrm, a study room, and a full bath. Whether you choose to use it as a licensed rental suite, space for extended family, or simply additional living space, the possibilities are excellent. Upgrades just to name few fiberglass shingles were replaced in 2013 , furnace (2026), owned tankless water heater (TWH), energy efficiency while eliminating monthly rental costs. Fully fenced backyard backing onto mature trees with no neighbors directly behind you. Parking for 4 cars and a generous 12 ft. x 8 ft. storage room. Located within walking distance to places of worship, trails, public transit, and everyday amenities. Whether you're purchasing your first home, looking for a property with rental income, or searching for a solid investment opportunity, this bungalow checks all the right boxes at a very attractive price point.

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Property details

Interior

Size
700-1,100 sqft
Bedrooms
3 above grade, 2 lower level
Rooms
6 rooms
Bathrooms
1 × 4-piece on Main, 1 × 4-piece on Lower
Basement
Finished, Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
32.81 × 88.32 ft · < 0.50 acres
Exterior
Vinyl Siding, Brick
Foundation
Poured Concrete
Roof
Fibreglass Shingle
Water & sewer
Sewer

Parking

Driveway
Private, Other (2 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$3,437/yr (2025)

Rooms

Main

Bathroom
2.13 × 2.26 m
Bedroom, Linen Closet
2.74 × 3.09 m
Bedroom
2.56 × 2.94 m
Primary Bedroom
4.72 × 3.04 m
Kitchen
6.9 × 2.97 m
Living Room, Hardwood Floor
5.79 × 3.22 m

Lower

Bedroom
3.2 × 3.1 m
Study
3.2 × 3.1 m
Living Room, Large Window
5.48 × 2.57 m
Bathroom
1.61 × 1.31 m
Kitchen
4.69 × 2.56 m
Bedroom
3.43 × 3.22 m

Estimated value range

$549K to $607K

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
Schools nearbyclosest is John P Robarts Public School, 2.0 km

Elementary

  • John P Robarts Public School

    2.0 km · Grades JK-8

    Thames Valley District School Board

    4.7
  • Tweedsmuir Public School

    2.0 km · Grades JK-8

    Thames Valley District School Board

    5.3
  • École élémentaire catholique Saint-Jean-de-Brébeuf

    2.1 km · Grades JK-6

    Conseil scolaire de district des écolesCatholique

    7.2

Secondary

  • École secondaire Gabriel-Dumont

    2.5 km · Grades 9-12

    Conseil scolaire Viamonde

    6.6

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. $3,364/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,708
Property tax$286
Insurance (est.)$120
Utilities (est.)$250
Total monthly$3,364
Land transfer tax$8,035 on closing

Ontario LTT

$8,035

First-time rebate

−$4,000

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

Price & listing history

$578,000

Listed Sep 15, 2026

On the market

Sold comparables nearby

737 North Leaksdale Circle, London SouthSold

737 North Leaksdale Circle, London South

4 bd·4 ba·1,500-2,000 sqft
685 North Leaksdale Circle, London SouthSold

685 North Leaksdale Circle, London South

3 bd·4 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

6.3 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 94% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$547,250

Sale-to-list ratio

94%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $139,000 household income

Minimum household income required

$139,000

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$2,500/mo median for 3 bed nearby

$2,500/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 48 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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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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(226) 212-5099 · Email Colin

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.

Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark REALTOR® is controlled by CREA and identifies real estate professionals who are members of CREA.

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