128 Main Street · Lucan, N0M 2J0
MLS® X14096000
Listed Oct 19, 2026
Listing courtesy of Century 21 First Canadian Corp.·Listing last changed Oct 19
Key facts
- Property type
- Detached
- Square footage
- 3,500-5,000 sqft
- Lot size
- 116.11 × 174.62 ft
- Parking
- 6 spaces
- Property tax
- $4,160/yr (2025)
Description
INVESTMENT & REDEVELOPMENT OPPORTUNITY IN THE HEART OF LUCAN! 128 Main Street presents a unique opportunity for investors, developers, and builders looking to secure a well-positioned property in the growing community of Lucan. Situated along Main Street, this property offers excellent frontage, visibility, and accessibility. The value here extends beyond the existing dwelling, with the land, location, zoning, and future potential forming a significant part of the opportunity. With its MUR zoning and redevelopment potential, the property may lend itself to a variety of future possibilities for the right buyer. Whether considered as a redevelopment project, land investment, or longer-term hold, 128 Main Street provides an opportunity to capitalize on a prominent location within an expanding community. Located close to downtown amenities and surrounded by an established community experiencing continued growth, this is an opportunity for buyers with vision to explore what may be possible at this Main Street location. The existing dwelling is being offered by the Seller in "as-is, where-is" condition, with no warranties or representations.
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Property details
Interior
- Size
- 3,500-5,000 sqft
- Rooms
- 1 room · 2 kitchens
- Bathrooms
- 1 × 2-piece on Main
- Basement
- Unfinished
- Heating
- Forced Air
- Cooling
- None
Building & lot
- Type
- Detached, 2-Storey
- Lot size
- 116.11 × 174.62 ft
- Exterior
- Brick, Aluminum Siding
- Foundation
- Stone, Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Parking
- 6 spaces
Fees & taxes
- Property tax
- $4,160/yr (2025)
Estimated value range
$475K to $525K
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.
Monthly paymentest. $3,043/mo all in
Monthly payment estimate
Land transfer tax$6,473 on closing
Ontario LTT
$6,473
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 19, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold276 Walnut Street, Lucan
Sold110 Watson Street, Lucan
See what these 6 homes sold for
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Market conditionsBuyer’s market in London
6.9 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 97.1% of asking.
Avg. sold price
$596,167
Sale-to-list ratio
97.1%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $124,000 household income
Minimum household income required
$124,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization, this home's listed property tax and a 32% GDS ratio. Rounded to the nearest thousand.
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Colin Abbot, Broker, Westwood Realty Team
Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
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Information herein is deemed reliable but not guaranteed. Listing data is provided by the London and St. Thomas Association of REALTORS® through the MLS® System and is updated multiple times daily. All measurements, square footage, taxes, and property details should be independently verified by buyers and their representatives.
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