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For sale
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$375,000

Estimated value $356K–$394K

Est. $1,757/mo mortgage

4+2bd·2ba·1,500-2,000sqft

13 Springbank Drive · London, N6J 1E1

MLS® X14014374

1 day on marketListed yesterday

Listed Oct 13, 2026

Listing courtesy of Century 21 First Canadian Corp·Listing last changed 6 hours ago

Key facts

Property type
Duplex
Square footage
1500-2000 sqft
Lot size
50 × 176 ft
Parking
5 spaces
Property tax
$4,493/yr (2026)

Description

First time offered in over 70 years. Located near the Coves. This front to back duplex features a large 24'x 15' concrete block garage. Located on a very large 50 'x 175' lot. Spacious 4 bedroom apartment in front with long term paying tenant. 2 separate furnaces. Rear apartment is a 2 bedroom apartment with a long term paying tenant. Tenants are month to month. January 1st 2027 effective rents are: Front $1187.13, rear is $674.51 plus gas New roof shingles installed in 2025. Lots of upside potential for future market rents and with property improvements!

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Property details

Interior

Size
1500-2000 sqft
Bedrooms
4 above grade, 2 lower level
Rooms
11 rooms
Bathrooms
2 × 4-piece
Basement
Full, Unfinished, Separate Entrance
Heating
Forced Air
Cooling
None

Building & lot

Type
Duplex, Bungalow
Lot size
50 × 176 ft
Exterior
Stucco (Plaster)
Foundation
Brick, Concrete Block
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
1 car Detached
Parking
5 spaces

Fees & taxes

Property tax
$4,493/yr (2026)

Rooms

Main

Dining Room
4.02 × 4.12 m
Bedroom 2
2.71 × 2.56 m
Bedroom 4
2.84 × 2.84 m
Bedroom 3
2.84 × 2.17 m
Living Room
5.36 × 4.02 m
Bedroom 2
3.41 × 2.84 m
Living Room
5.09 × 3.38 m
Kitchen
3.48 × 3.6 m
Bedroom
3.08 × 3.48 m
Kitchen
2.74 × 3.05 m
Bedroom
30.79 × 3.05 m

Estimated value range

$356K–$394K

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
Old South →

London South, ON

Established neighbourhood with character homes and walkable local businesses south of downtown.

Schools nearbyclosest is Victoria Public School, 330 m

Elementary

  • Victoria Public School

    330 m · Grades JK-8

    Thames Valley District School Board

    3.3
  • St Martin Separate School

    1.0 km · Grades JK-8

    London District Catholic School Board

    7.5
  • Kensal Park Public School

    1.4 km · Grades JK-8

    Thames Valley District School Board

    7.1

Secondary

  • London South Collegiate Institute

    1.8 km · Grades 9-12

    Thames Valley District School Board

    4.2
  • London Central Secondary School

    2.1 km · Grades 9-12

    Thames Valley District School Board

    8.0
  • Westminster Secondary School

    2.2 km · Grades 9-12

    Thames Valley District School Board

    2.7

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. $2,459/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,757
Property tax$374
Insurance (est.)$78
Utilities (est.)$250
Total monthly$2,459
Land transfer tax$4,100 on closing

Ontario LTT

$4,100

First-time rebate

−$4,000

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

Price & listing history

$375,000

Listed Oct 13, 2026

On the market

Sold comparables nearby

324 Ridout Street, London SouthSold

324 Ridout Street, London South

4 bd·2 ba·2,000-2,500 sqft
142 John Street, London EastSold

142 John Street, London East

5 bd·3 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

6.8 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 99.9% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$623,667

Sale-to-list ratio

99.9%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $94,000 household income

Minimum household income required

$94,000

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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Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

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226-212-5099 · colin@searchlondonhomes.com

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