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For sale
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$359,900

Estimated value $342K to $378K

Est. $1,686/mo mortgage

3bd·1ba·700-1,100sqft

225 Simcoe Street · London, N6B 1J3

MLS® X14104670

5 days on market5 days on market

Listed Oct 21, 2026

Listing courtesy of Blue Forest Realty INC.·Listing last changed 4 days ago

Key facts

Property type
Detached
Square footage
700-1,100 sqft
Lot size
28 × 50 ft
Parking
1 space
Property tax
$1,408/yr (2025)

Description

Welcome to this beautifully renovated bungalow, with modern updates and low-maintenance living. Natural light fills the home, creating a bright, warm, and inviting atmosphere throughout. Included furniture and recent renovations mean you can simply move in and enjoy, with no projects waiting for you. Outside, the fenced-in backyard is designed for easy upkeep, and a handy shed provides extra storage for tools, gear, and seasonal items. Street parking adds convenience for you and your guests.The central location is a standout: you're about a 20-minute drive to both Western University and Fanshawe College, with nearby bus routes making commuting simple. Perfect for young families, working professionals, or investors, this home also offers a strong rental potential. Comfort, convenience, and value in a location that's hard to beat.

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Property details

Interior

Size
700-1,100 sqft
Rooms
5 rooms
Bathrooms
1 × 4-piece
Basement
Crawl Space
Heating
Baseboard
Cooling
Wall Unit(s)

Building & lot

Type
Detached, Bungalow
Lot size
28 × 50 ft
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Shingles
Water & sewer
Sewer

Parking

Driveway
Mutual (1 space)
Parking
1 space

Fees & taxes

Property tax
$1,408/yr (2025)

Estimated value range

$342K to $378K

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
Downtown London →

London East, ON

Urban core with condos, restaurants, and transit access.

Schools nearbyclosest is St. John French Immersion School, 860 m

Elementary

  • St. John French Immersion School

    860 m · Grades JK-8

    8.4
  • Tecumseh Public School

    1.0 km · Grades JK-8

    Thames Valley District School Board

    6.9
  • Aberdeen Public School

    1.2 km · Grades JK-8

    Thames Valley District School Board

    4.5

Secondary

  • London South Collegiate Institute

    1.0 km · Grades 9-12

    Thames Valley District School Board

    4.2
  • Catholic Central High School

    1.1 km · Grades 9-12

    London District Catholic School Board

    5.7
  • London Central Secondary School

    1.2 km · Grades 9-12

    Thames Valley District School Board

    8.0

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. $2,128/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,686
Property tax$117
Insurance (est.)$75
Utilities (est.)$250
Total monthly$2,128
Land transfer tax$3,874 on closing

Ontario LTT

$3,874

First-time rebate

−$3,874

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

Price & listing history

$359,900

Listed Oct 21, 2026

On the market

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

Sold comparables nearby

467 Base Line Road, London SouthSold

467 Base Line Road, London South

3 bd·3 ba·1,100-1,500 sqft
126 Alexandra Street, London SouthSold

126 Alexandra Street, London South

2 bd·2 ba·700-1,100 sqft

See what these 6 homes sold for

Create a free account to see sold prices and comparable sales.

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 97.7% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$471,567

Sale-to-list ratio

97.7%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $86,000 household income

Minimum household income required

$86,000

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.

Not sure about financing? Ask Colin →
Rental market$2,298/mo median for 3 bed nearby

$2,298/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 60 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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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

Not intended to solicit clients already under contract.

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.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark REALTOR® is controlled by CREA and identifies real estate professionals who are members of CREA.

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