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For sale
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$599,000

Estimated value $569K to $629K

Est. $2,806/mo mortgage

5bd·3ba·1,100-1,500sqft

354 Spruce Street · London, N5W 4N7

MLS® X14105012

5 days on market5 days on market

Listed Oct 21, 2026

Listing courtesy of Exp Realty·Listing last changed 2 days ago

Key facts

Property type
Triplex
Square footage
1,100-1,500 sqft
Lot size
40.16 × 235.05 ft · < 0.50 acres
Age
100+ years
Parking
3 spaces
Property tax
$2,085/yr (2025)

Description

Situated on a beautiful quiet treed street, sits this renovated historic charmer multi-unit property. The second story addition of a new upper legal unit was just completed with building permit in 2023; and also includes a stand alone garden suite unit. This property is being offered fully vacant to offer the most flexibility for the Buyer. This is the perfect owner occupy mortgage helper, multi-generational home or turnkey investment property (over $66,000 in annual rent income when last occupied; through organic turnover all three units have become vacant over the past few months and have been left vacant to provide the most flexibility to the Buyer).Top to bottom, nearly everything has been redone under current ownership - from luxury vinyl plank floors throughout, new roofs, a new on demand high efficiency hot water heater system, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves) and vent hoods, brand new redone bathrooms with luxury tile, stainless steel appliances, and a brand new heat pump / AC system to be installed prior to closing. This is not one to miss, such a unique property with all these features rarely comes on the market.

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Property details

Interior

Size
1,100-1,500 sqft
Rooms
15 rooms · 3 kitchens
Bathrooms
1 × 4-piece on Main, 1 × 3-piece on Second, 1 × 3-piece on Main
Basement
Unfinished, Walk-Up
Heating
Forced Air
Cooling
None

Building & lot

Type
Triplex, 2-Storey
Age
100+ years
Lot size
40.16 × 235.05 ft · < 0.50 acres
Exterior
Vinyl Siding
Foundation
Concrete Block, Slab
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Front Yard Parking, Private (3 spaces)
Parking
3 spaces

Fees & taxes

Property tax
$2,085/yr (2025)

Rooms

Main

Study
1.37 × 1.07 m
Bedroom 3
2.74 × 2.92 m
Living Room
2.9 × 4.27 m
Kitchen, Combined w/Dining
5.13 × 3 m
Bedroom 2
2.69 × 3 m
Foyer
1.47 × 2.82 m
Bathroom, 4 Pc Bath
2.59 × 1.63 m
Bedroom
4.01 × 2.9 m

Second

Kitchen
3.05 × 4.32 m
Bathroom, 3 Pc Bath
1.75 × 2.03 m
Bedroom, Combined w/Living
3.25 × 8.84 m
Bedroom
4.27 × 2.24 m

Ground

Living Room
2.67 × 2.24 m
Kitchen, Combined w/Dining
4.37 × 2.54 m
Bathroom
1.6 × 2.24 m

Basement

Utility Room
4.7 × 5.41 m

Estimated value range

$569K to $629K

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
Argyle →

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Schools nearbyclosest is Prince Charles Public School, 540 m

Elementary

  • Prince Charles Public School

    540 m · Grades JK-8

    Thames Valley District School Board

    4.0
  • St Pius X Separate School

    640 m · Grades JK-8

    London District Catholic School Board

    5.8
  • Académie de la Tamise

    1.0 km · Grades JK-6

    Conseil scolaire Viamonde

    7.4

Secondary

  • Thames Valley Alternative Secondary School

    1.3 km · Grades 9-12

  • Clarke Road Secondary School

    1.6 km · Grades 9-12

    Thames Valley District School Board

    3.8
  • John Paul II Catholic Secondary School

    2.0 km · Grades 9-12

    London District Catholic School Board

    3.3

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. $3,355/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,806
Property tax$174
Insurance (est.)$125
Utilities (est.)$250
Total monthly$3,355
Land transfer tax$8,455 on closing

Ontario LTT

$8,455

First-time rebate

−$4,000

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

Price & listing history

$599,000

Listed Oct 22, 2026

On the market

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

Sold comparables nearby

433 Second Street, London EastSold

433 Second Street, London East

6 bd·3 ba·1,500-2,000 sqft
167 Vancouver Street, London EastSold

167 Vancouver Street, London East

6 bd·3 ba·1,500-2,000 sqft

See what these 3 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, 3 sales in the last 90 days went for an average of 97.7% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$635,667

Sale-to-list ratio

97.7%

Based on 3 recent comparable sales near this home.

Affordabilityneeds $139,000 household income

Minimum household income required

$139,000

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.

Colin Abbot

Broker

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(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.

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