1201 PATANN Drive · London East, N5V 2J3
MLS® X13851924
Listed Oct 1, 2026
Listing courtesy of Blue Forest Realty INC.·Updated 4 hours ago
Description
Welcome to this solid, well-built 2+1 bedroom home offering plenty of potential for buyers looking to make a space their own. Featuring 2 three-piece bathrooms, some hardwood flooring, vinyl windows and a functional layout with a convenient side entrance.The home is ready for updating throughout, but offers solid bones and a great opportunity to renovate and add your own personal style. The finished lower level provides additional living space, a third bedroom and a second 3-piece bathroom.Additional features include an owned hot water heater (2024) and an irrigation system. A great opportunity for renovators, first-time buyers or anyone looking for a home they can update to their own taste.
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Property details
Interior
- Size
- 700-1100 sqft
- Bedrooms
- 2 above grade, 1 lower level
- Rooms
- 6 rooms
- Bathrooms
- 2 × 3-piece on Main
- Basement
- Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Age
- 51-99 years
- Lot size
- 55 × 130 ft
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Shingles
- Water & sewer
- Sewer
Parking
- Driveway
- Private (3 spaces)
- Parking
- 3 spaces
Fees & taxes
- Property tax
- $3,336/yr (2025)
Rooms
Main
- Dining Room
- 3.92 × 2.72 m
- Bathroom
- 1.15 × 2 m
- Primary Bedroom
- 3.35 × 3.21 m
- Living Room
- 4.67 × 5.95 m
- Kitchen
- 3.92 × 2.72 m
- Bedroom 2
- 3.95 × 3.06 m
Lower
- Bedroom 3
- 5.03 × 3.05 m
- Bathroom
- 2.51 × 1.75 m
- Other
- 3.65 × 1.28 m
- Recreation
- 6.8 × 4.6 m
Estimated value range
$444K–$483K
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
DirectionsLondon East, ON
Large northeast area with schools, parks, and diverse housing near Fanshawe College.
Monthly paymentest. $2,778/mo all in
Monthly payment estimate
Land transfer tax$5,673 on closing
Ontario LTT
$5,673
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 Oct 1, 2026
Sold comparables nearby
Sold1175 LANCASTER Street, London East
Sold459 Salisbury Street, London East
See what these 6 homes sold for
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Market conditionsBuyer's market in Huron Heights
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 97.5% of asking.
Avg. sold price
$516,733
Sale-to-list ratio
97.5%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $114,000 household income
Minimum household income required
$114,000
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.
Not sure about financing? Ask Colin →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 35 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
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