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For sale
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$669,999

Estimated value $636K to $703K

Est. $3,139/mo mortgage

4+1bd·2ba·1,500-2,000sqft

1049 Talbot Street · London, N6A 2V9

MLS® X14098830

5 days on market5 days on market

Listed Oct 20, 2026

Listing courtesy of List299.com Realty LTD.·Listing last changed 2 days ago

Key facts

Property type
Detached
Square footage
1,500-2,000 sqft
Lot size
35 × 140 ft
Age
51-99 years
Parking
6 spaces
Property tax
$5,029/yr (2025)

Description

Exceptional versatility, character, and rare amenities in highly sought-after Old North! Currently owner-occupied, this timeless yellow-brick detached home offers the perfect layout to serve as a wonderful single-family residence or a high-yielding 5-bedroom student rental. The main and upper levels showcase classic character, including coffered ceilings, elegant crown moulding, and original hardwood flooring. It offers highly flexible configurations-easily setup as 5 bedrooms, or 4 bedrooms with a main-floor family room. The kitchen and bathroom feature durable vinyl tile.The basement adds incredible value with a separate entrance, a 4-piece bath, and a kitchen area. It serves beautifully as a private home office and lower family room, or offers excellent potential for an Additional Residential Unit (ARU) conversion. For complete peace of mind, the basement was professionally damp-proofed in ~2014 with new weeping tile, a sump pump, and a complete wall wrap. Mechanical features include a 100-amp service and a fully serviced, properly working Lennox two-stage furnace and A/C system.The exterior features are an absolute rarity for Old North. Situated on a prominent corner lot, the property provides massive parking for up to 6 vehicles, alongside a detached two-car garage equipped with hydro and insulated walls. The grounds are beautifully treed, offering a private, serene canopy over the back patio. Please note: Sellers are licensed Realtors.

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Property details

Interior

Size
1,500-2,000 sqft
Bedrooms
4 above grade, 1 lower level
Rooms
7 rooms
Bathrooms
1 × 4-piece on Ground, 1 × 4-piece on Basement
Basement
Separate Entrance, Partially Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 1 1/2 Storey
Age
51-99 years
Lot size
35 × 140 ft
Exterior
Aluminum Siding, Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
2 car Detached
Parking
6 spaces

Fees & taxes

Property tax
$5,029/yr (2025)

Estimated value range

$636K to $703K

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 North →

London East, ON

Tree-lined streets, heritage homes, walkable to Richmond Row.

Schools nearbyclosest is Old North Public School, 900 m

Elementary

  • Old North Public School

    900 m · Grades JK-8

    Thames Valley District School Board

    8.4
  • St Georges Public School

    1.2 km · Grades JK-8

    Thames Valley District School Board

    8.0
  • Jeanne-Sauvé Public School

    1.3 km · Grades JK-8

    Thames Valley District School Board

    7.1

Secondary

  • London Central Secondary School

    2.1 km · Grades 9-12

    Thames Valley District School Board

    8.0
  • Catholic Central High School

    2.5 km · Grades 9-12

    London District Catholic School Board

    5.7
  • École secondaire catholique Monseigneur-Bruyère

    2.8 km · Grades 9-12

    Conseil scolaire de district des écolesCatholique

    6.3

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. $3,948/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$3,139
Property tax$419
Insurance (est.)$140
Utilities (est.)$250
Total monthly$3,948
Land transfer tax$9,875 on closing

Ontario LTT

$9,875

First-time rebate

−$4,000

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

Price & listing history

$669,999

Listed Oct 20, 2026

On the market

Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.

Sold comparables nearby

971 Wellington Street, London EastSold

971 Wellington Street, London East

5 bd·7 ba·3,500-5,000 sqft
123 Mill Street, London EastSold

123 Mill Street, London East

5 bd·2 ba·1,500-2,000 sqft

See what these 6 homes sold for

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Market conditionsBuyer’s market in London

7 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 90.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$1,119,167

Sale-to-list ratio

90.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $163,000 household income

Minimum household income required

$163,000

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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Rental market$3,250/mo median for 4 bed nearby

$3,250/month is the median rent for 4-bedroom homes leased within 3km over the past 12 months, across 12 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

No obligation. Pick a time that suits you.

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

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