40 DAVID Street · London, N6P 1B3
MLS® X14028196
Listed Oct 13, 2026
Listing courtesy of Sutton Group - Select Realty·Listing last changed 4 hours ago
Key facts
- Property type
- Detached
- Square footage
- 1500-2000 sqft
- Lot size
- 60.9 × 134.85 ft
- Age
- 51-99 years
- Parking
- 5 spaces
- Property tax
- $3,923/yr (2025)
Description
Welcome to 40 David Street, a spacious 3-bedroom bungalow on a large, mature lot in the heart of sought-after Lambeth. Offering approximately 1,550 sq. ft. on the main level, an attached garage and a finished lower level, this home delivers an impressive amount of living space in one of London's most desirable neighbourhoods.The bright and inviting main floor features a generous living room, formal dining area and an updated kitchen with granite countertops and plenty of cabinetry. Three large bedrooms and 1.5 bathrooms provide comfortable main-floor living, while the rear sunroom offers an additional living space complete with a gas fireplace and convenient access to the backyard. Downstairs, the finished lower level adds substantial living space with a large family/rec room, second gas fireplace, bar area and den. A sizeable unfinished workshop and storage area provides plenty of additional space for hobbies, projects or future possibilities.Outside, the large private lot offers room to entertain, garden or simply enjoy the mature surroundings, while the attached garage adds everyday convenience.Set on a quiet street in the heart of Lambeth, just minutes from parks, schools, shopping, restaurants and easy access to Highways 401 and 402. Whether you're a first-time buyer, growing family, downsizer or someone looking for a solid home to personalize over time, 40 David Street offers exceptional space, location and potential at $599,900.
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Property details
Interior
- Size
- 1500-2000 sqft
- Rooms
- 7 rooms
- Bathrooms
- 1 × 2-piece on Main, 1 × 4-piece on Main
- Basement
- Full, Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Age
- 51-99 years
- Lot size
- 60.9 × 134.85 ft
- Exterior
- Brick, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Garage
- 1 car Attached
- Driveway
- Private Double (4 spaces)
- Parking
- 5 spaces
Fees & taxes
- Property tax
- $3,923/yr (2025)
Rooms
Main
- Family Room
- 4.1 × 3.86 m
- Bedroom
- 3.98 × 3.21 m
- Primary Bedroom
- 4.26 × 3 m
- Kitchen
- 3.47 × 3.26 m
- Bedroom
- 3.99 × 2 m
- Dining Room
- 3.26 × 3.06 m
- Living Room
- 6.52 × 3.6 m
Lower
- Den
- 4.21 × 3.31 m
- Recreation
- 7.91 × 3.54 m
- Den
- 4.55 × 2.53 m
Estimated value range
$571K–$598K
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 Lambeth Public School, 590 m
Elementary
- 8.6
Lambeth Public School
590 m · Grades JK-8
Thames Valley District School Board
White Pine Public School
2.5 km · Grades K-8
- 7.8
École élémentaire La Pommeraie
2.8 km · Grades JK-6
Conseil scolaire Viamonde
Secondary
None within 3 km.
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. $3,366/mo all in
Monthly payment estimate
Land transfer tax$7,873 on closing
Ontario LTT
$7,873
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 2 times · asking price down 5% from the first ask
Listed Oct 13, 2026
Listed Aug 14, 2026
Sold comparables nearby
Sold6777 Heathwoods Avenue, London South
Sold4614 Colonel Talbot Road, London South
See what these 6 homes sold for
Create a free account to see sold prices and comparable sales.
Market conditionsLambeth · last 90 days
Avg. sold price
$872,687
Sale-to-list ratio
98%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $140,000 household income
Minimum household income required
$140,000
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$2,600/mo median for 3 bed nearby
$2,600/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 23 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
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