33374 Richmond Street · Lucan, N0M 2J0
MLS® X14099784
Listed Oct 20, 2026
Listing courtesy of Century 21 First Canadian Corp·Listing last changed 6 days ago
Key facts
- Property type
- Detached
- Square footage
- 1,100-1,500 sqft
- Lot size
- 116 × 148 ft
- Age
- 51-99 years
- Parking
- 7 spaces
- Property tax
- $3,100/yr (2025)
Description
EXCEPTIONAL INVESTMENT & DEVELOPMENT OPPORTUNITY IN LUCAN! Situated on an expansive 0.44-acre property with approximately 116 feet of frontage, 33374 Richmond Street offers an exciting opportunity for homeowners, investors and developers alike. A proposed site and grading plan has been prepared, exploring the potential for up to three additional residential units, subject to all necessary approvals. The possibilities extend beyond traditional residential use, offering flexibility to explore additional dwelling units, garage space or a dedicated home workspace. Whether seeking an income-generating investment, a multi-generational living arrangement or a property with room to grow, this unique opportunity offers exciting possibilities for the future. The existing all-brick bungalow offers 2+1 bedrooms, two full bathrooms and an attached single-car garage. Inside, you'll find a bright, welcoming interior featuring updated flooring, generous living spaces and tasteful finishes throughout. The spacious living room is filled with natural light, while the inviting family room features decorative wall detailing, modern lighting and doors leading to both side yards, including one with a spacious deck. The updated kitchen offers dark cabinetry, ample counter space, a stylish tile backsplash, stainless steel appliances and a convenient breakfast counter. The primary bedroom features generous closet space and an ensuite with a double vanity and glass-enclosed shower. An additional bedroom and full bathroom complete the main level. The partially finished lower level offers a third bedroom, recreation space, laundry facilities and ample storage. A rare opportunity to enjoy an established home today with the exciting potential to develop on its substantial property in the heart of Lucan for tomorrow.
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Property details
Interior
- Size
- 1,100-1,500 sqft
- Bedrooms
- 2 above grade, 1 lower level
- Rooms
- 8 rooms
- Bathrooms
- 2 × 4-piece on Ground
- Basement
- Partially Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Age
- 51-99 years
- Lot size
- 116 × 148 ft
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Shingles
- Water & sewer
- Sewer
Parking
- Garage
- 1 car Attached
- Driveway
- Available, Lane, Private Double (6 spaces)
- Parking
- 7 spaces
Fees & taxes
- Property tax
- $3,100/yr (2025)
Rooms
Ground
- Bedroom 2, walk-in closet(s), ensuite bath
- 4.32 × 2.67 m
- Kitchen, galley kitchen, backsplash
- 2.82 × 3.66 m
- Family Room, W/O To Yard
- 3.99 × 4.65 m
- Living Room, Large Window
- 5.28 × 3.76 m
- Bathroom, 4 pc ensuite, double sink
- 2.87 × 4.9 m
- Bathroom, 4 Pc Bath
- 2.29 × 1.5 m
- Dining Room, overlooks family, w/o to deck
- 2.57 × 4.65 m
- Primary Bedroom, w/w closet, ensuite bath
- 4.7 × 3.48 m
Basement
- Utility Room, Enclosed
- 2.84 × 7.42 m
- Other
- 6.5 × 4.67 m
- Bedroom 3, walk-in closet(s), pot lights
- 3.48 × 2.9 m
- Laundry
- 8.2 × 3.4 m
- Recreation
- 3.56 × 3.4 m
Estimated value range
$598K to $661K
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. $3,590/mo all in
Monthly payment estimate
Land transfer tax$9,073 on closing
Ontario LTT
$9,073
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 20, 2026
Sold comparables nearby
Sold168 Gilmour Drive, Lucan
Sold102 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 97.6% of asking.
Avg. sold price
$648,833
Sale-to-list ratio
97.6%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $148,000 household income
Minimum household income required
$148,000
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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Oak and Key Real Estate Brokerage Inc., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
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