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For sale
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$625,000

Est. $2,928/mo mortgage

4bd·4ba·3,000-3,500sqft

12-14 Victor Street · London South, N6C 1B7

MLS® X13815674

1 day on marketListed yesterday

Listed Sep 22, 2026

Listing courtesy of Mysak Realty INC.·Updated 2 hours ago

Description

Renovated 4-unit with cap rate of 7.9%. Gross annual income of $72,840. Suite breakdown 4x 2bedrooms. Building features revitalized common areas, renovated units and restored front entrance portico. Separate Gas & Hydro meters. Windows replaced (2022). Laundry on site, 5 Parking spaces. 8 min drive to Western University, and short walk away from local amenities.

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Property details

Interior

Interior
3000-3500 sqft
Rooms
8 rooms · 4 kitchens
Bathrooms
4 × 3-piece
Basement
Unfinished
Heating
Other
Cooling
None

Building & lot

Type
Fourplex, 2-Storey
Lot size
60 × 75 ft
Exterior
Concrete Block
Foundation
Wood
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Front Yard Parking (5 spaces)
Parking
5 spaces

Fees & taxes

Property tax
$5,599/yr (2025)

AI property estimate

$817,462Estimate is ~30.8% above asking

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

$735,716$899,208

68% confidence · 27 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Directions
Wortley Village

London South, ON

Artisan neighbourhood with boutique shops and cafes.

Monthly paymentest. $3,685/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,928
Property tax$377
Insurance (est.)$130
Utilities (est.)$250
Total monthly$3,685
Land transfer tax$8,975 on closing

Ontario LTT

$8,975

First-time rebate

$4,000

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

Price & listing history

$625,000

Listed Sep 22, 2026

On the market

Sold comparables nearby

51 Stanley Street, London SouthSold

51 Stanley Street, London South

4 bd·4 ba·2,000-2,500 sqft
184 Simcoe Street, London EastSold

184 Simcoe Street, London East

5 bd·4 ba·2,000-2,500 sqft

See what these 5 homes sold for

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Market conditionsBuyer's market in London South

Homes here are selling below asking. Based on 5 sales in the last 90 days, at an average of 95.3% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$659,500

Sale-to-list ratio

95.3%

Based on 5 recent comparable sales near this home.

Affordabilityneeds $153,000 household income

Minimum household income required

$153,000

Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization 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

519-859-4579 · colin@searchlondonhomes.com

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