487 Burbrook Place · London, N5W 4B5
MLS® X14105428
Listed Oct 21, 2026
Listing courtesy of Oak And Key Real Estate Brokerage, INC.·Listing last changed 4 days ago
Key facts
- Property type
- Detached
- Square footage
- < 700 sqft
- Lot size
- 23 × 120 ft
- Age
- 51-99 years
- Parking
- 2 spaces
- Property tax
- $2,565/yr (2026)
Description
Excellent investment opportunity at 487 Burbrook Place, London! This versatile property features 2 bedrooms and 1 bathroom on the upper level, plus 2 bedrooms and 1 bathroom on the lower level. With separate kitchens and separate laundry facilities, this property offers excellent potential for multi-generational living or an income-generating investment. Ideal for investors or owner-occupants looking to offset their mortgage with rental income. Conveniently located close to shopping, schools, parks, public transit and everyday amenities. A great opportunity to add a versatile property to your portfolio or make it your next home!
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Property details
Interior
- Size
- < 700 sqft
- Bedrooms
- 2 above grade, 1 lower level
- Rooms
- 5 rooms
- Bathrooms
- 1 × 4-piece on Main, 1 × 4-piece on Basement
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow-Raised
- Age
- 51-99 years
- Lot size
- 23 × 120 ft
- Exterior
- Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Driveway
- Mutual
- Parking
- 2 spaces
Fees & taxes
- Property tax
- $2,565/yr (2026)
Rooms
Main
- Kitchen
- 3.53 × 2.36 m
- Bedroom 2
- 3.04 × 2.89 m
- Primary Bedroom
- 3.04 × 2.89 m
- Bathroom
- 1.54 × 2.89 m
- Living Room
- 4.64 × 2.92 m
Estimated value range
$375K to $415K
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.
Schools nearbyclosest is Thames Valley Alternative Secondary School, 730 m
Elementary
- 4.2
East Carling Public School
960 m · Grades JK-8
Thames Valley District School Board
- 4.8
Blessed Sacrament Separate School
1.0 km · Grades JK-8
London District Catholic School Board
- 7.4
Académie de la Tamise
1.0 km · Grades JK-6
Conseil scolaire Viamonde
Secondary
Thames Valley Alternative Secondary School
730 m · Grades 9-12
- 3.3
John Paul II Catholic Secondary School
1.7 km · Grades 9-12
London District Catholic School Board
- 5.3
H B Beal Secondary School
1.8 km · Grades 9-12
Thames Valley District School Board
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. $2,396/mo all in
Monthly payment estimate
Land transfer tax$4,400 on closing
Ontario LTT
$4,400
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 21, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold946 Dufferin Avenue, London East
Sold83 Eastman Avenue, London East
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.
Avg. sold price
$434,833
Sale-to-list ratio
97.7%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $97,000 household income
Minimum household income required
$97,000
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$1,800/mo median for 2 bed nearby
$1,800/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 81 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.
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
No obligation. Pick a time that suits you.
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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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