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For sale
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$499,900

Estimated value $475K to $525K

Est. $2,342/mo mortgage

2bd·2ba·< 700sqft

483 Clarke Road · London, N5V 2C8

MLS® X14110050

2 days on market2 days on market

Listed Oct 23, 2026

Listing courtesy of Right At Home Realty·Listing last changed 3 days ago

Key facts

Property type
Detached
Square footage
< 700 sqft
Lot size
50 × 150 ft
Parking
12 spaces
Property tax
$2,682/yr (2025)

Description

Welcome to 483 Clarke Road - a rare city property offering the ultimate combination of home, shop, and lifestyle. Whether you're a hobbyist, contractor, entrepreneur, or car enthusiast, the impressive 20x36 steel workshop with 19-foot ceilings, 10-foot door, automotive lift, and full electrical service is the kind of setup buyers wait for - all while still enjoying the convenience of city living.This beautifully maintained bungalow features a bright open-concept main floor with soaring vaulted ceilings, skylights, and rich hardwood flooring throughout. The modern kitchen and updated 3-piece bath offer a clean contemporary feel, while the fully finished lower level provides exceptional flexibility with a spacious den, additional bedroom area, office or storage space, and a second full 4-piece bath. All bedrooms feature floor-to-ceiling armoires for functional storage and style.Step outside and discover what truly sets this property apart. A secure enclosed carport with double-wide gates provides access to the incredible detached workshop and expansive rear yard. Beyond the shop, enjoy a private backyard retreat complete with perennial gardens, a brick fire pit, covered patio, additional shed storage, and a 20ft sea-can container - offering endless possibilities for work, storage, hobbies, or entertaining.A one-of-a-kind property delivering space, versatility, and opportunity without leaving the city. Recent updates include central air (2025), roof shingles (2022), and professionally painted exterior (2024).

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Property details

Interior

Size
< 700 sqft
Rooms
4 rooms
Bathrooms
1 × 3-piece on Main, 1 × 4-piece on Lower
Basement
Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
50 × 150 ft
Exterior
Stucco (Plaster)
Foundation
Concrete Block
Roof
Shingles
Water & sewer
Sewer

Parking

Garage
4 car Detached
Driveway
Private (8 spaces)
Parking
12 spaces

Fees & taxes

Property tax
$2,682/yr (2025)

Rooms

Main

Bedroom 2
3.85 × 3.44 m
Bedroom
3.28 × 3.15 m
Kitchen
2.7 × 3.44 m
Living Room
4.73 × 4.29 m

Basement

Bedroom 3
3.85 × 3.86 m
Laundry
0.89 × 3.28 m
Other
3.48 × 2.6 m
Utility Room
1.71 × 2.9 m

Estimated value range

$475K to $525K

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 Clarke Road Secondary School, 1.0 km

Elementary

  • Lord Nelson Public School

    1.3 km · Grades JK-8

    Thames Valley District School Board

    5.2
  • Forest City Public School

    1.3 km · Grades JK-8

    Thames Valley District School Board

    4.8
  • St Pius X Separate School

    1.7 km · Grades JK-8

    London District Catholic School Board

    5.8

Secondary

  • Clarke Road Secondary School

    1.0 km · Grades 9-12

    Thames Valley District School Board

    3.8
  • John Paul II Catholic Secondary School

    2.5 km · Grades 9-12

    London District Catholic School Board

    3.3
  • Robarts Provincial School for the Deaf

    2.6 km · Grades 9-12

    Provincial

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. $2,919/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,342
Property tax$224
Insurance (est.)$104
Utilities (est.)$250
Total monthly$2,919
Land transfer tax$6,473 on closing

Ontario LTT

$6,473

First-time rebate

−$4,000

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

Price & listing history

$499,900

Listed Oct 23, 2026

On the market

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

Sold comparables nearby

21 Jena Crescent, London EastSold

21 Jena Crescent, London East

3 bd·2 ba·700-1,100 sqft
1976 Royal Crescent, London EastSold

1976 Royal Crescent, London East

3 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 97.4% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$460,967

Sale-to-list ratio

97.4%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $120,000 household income

Minimum household income required

$120,000

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$1,695/mo median for 2 bed nearby

$1,695/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 35 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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