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$699,999

Estimated value $665K to $735K

Est. $3,279/mo mortgage

5+1bd·3ba·2,000-2,500sqft

49 Paddington Avenue · London, N6J 2S5

MLS® X14081504

0 days on marketListed today

Listed Oct 15, 2026

Listing courtesy of Team Glasser Real Estate Brokerage INC.·Listing last changed 2 hours ago

Key facts

Property type
Detached
Square footage
2,000-2,500 sqft
Lot size
35.09 × 98.43 ft
Parking
4 spaces
Property tax
$5,633/yr (2025)

Description

49 Paddington Avenue, London, Ontario - investment opportunity! This 5-bedroom plus den, 3-bathroom triplex is offered at $699,999 and presents an excellent opportunity for investors looking to expand their rental portfolio. Featuring multiple living spaces, this property offers the potential for rental income from three separate units. Whether you're an experienced investor or looking to enter the multi-residential market, this property is worth a closer look. Explore the possibilities and investment potential that 49 Paddington Avenue has to offer. Photos are digitally enhanced

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Property details

Interior

Size
2,000-2,500 sqft
Bedrooms
5 above grade, 1 lower level
Rooms
7 rooms
Bathrooms
3 × 4-piece
Basement
Crawl Space
Heating
Baseboard
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Lot size
35.09 × 98.43 ft
Exterior
Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Parking
4 spaces

Fees & taxes

Property tax
$5,633/yr (2025)

Estimated value range

$665K to $735K

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 St Martin Separate School, 1.1 km

Elementary

  • St Martin Separate School

    1.1 km · Grades JK-8

    London District Catholic School Board

    7.5
  • Wortley Road Public School

    1.1 km · Grades JK-8

    Thames Valley District School Board

    6.8
  • Victoria Public School

    1.2 km · Grades JK-8

    Thames Valley District School Board

    3.3

Secondary

  • Westminster Secondary School

    1.2 km · Grades 9-12

    Thames Valley District School Board

    2.7
  • London South Collegiate Institute

    1.8 km · Grades 9-12

    Thames Valley District School Board

    4.2
  • Saunders Secondary School

    2.9 km · Grades 9-12

    Thames Valley District School Board

    4.9

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. $4,145/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,279
Property tax$469
Insurance (est.)$146
Utilities (est.)$250
Total monthly$4,145
Land transfer tax$10,475 on closing

Ontario LTT

$10,475

First-time rebate

−$4,000

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

Price & listing history

Oct 15, 2026Listed
$699,999
Affordabilityneeds $171,000 household income

Minimum household income required

$171,000

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 →

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Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

No obligation. Pick a time that suits you.

(226) 212-5099 · colin@searchlondonhomes.com

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