22 Montgomery Road · St. Thomas, N5R 1S5
MLS® X14113328
Listed Oct 23, 2026
Listing courtesy of Re/max Millennium Real Estate·Listing last changed 3 days ago
Key facts
- Property type
- Detached
- Square footage
- 1,100-1,500 sqft
- Lot size
- 70 × 125 ft
- Parking
- 5 spaces
- Property tax
- $3,082/yr (2025)
Description
**LEGAL BASEMENT** Welcome to 22 Montgomery Rd, St. Thomas, an exceptional opportunity for homeowners and investors alike! This versatile property features a bright and spacious 3-bedroom, 1-bathroom main floor with an open-concept kitchen showcasing impressive vaulted ceilings, creating an inviting space for everyday living and entertaining. The fully legal basement apartment offers an additional 3 bedrooms, 1 bathroom, a full kitchen, and a generous living area, making it ideal for multi-generational living or generating rental income to help offset your mortgage. Whether you're looking to live in one unit and rent the other or expand your investment portfolio, this property delivers outstanding flexibility and value. Conveniently located close to schools, parks, shopping, restaurants, grocery stores, and all everyday amenities, with easy access to London and Highway 401, this home is perfectly situated in one of Southwestern Ontario's fastest-growing communities. Don't miss your chance to own this legal duplex offering incredible income potential and long-term value.
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Property details
Interior
- Size
- 1,100-1,500 sqft
- Bedrooms
- 3 above grade, 3 lower level
- Rooms
- 5 rooms
- Bathrooms
- 1 × 3-piece on Ground, 1 × 3-piece on Basement
- Basement
- Finished with Walk-Out
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Lot size
- 70 × 125 ft
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Garage
- 1 car Attached
- Driveway
- Available, Private (4 spaces)
- Parking
- 5 spaces
Fees & taxes
- Property tax
- $3,082/yr (2025)
Rooms
Ground
- Bedroom, closet, pot lights, window
- 3.632 × 3.659 m
- Bedroom 3, closet, pot lights, window
- 2.68 × 2.77 m
- Bedroom 2, closet, pot lights, window
- 3.72 × 2.42 m
- Kitchen, pot lights, stainless steel appl, quartz counter
- 3.41 × 2.75 m
- Living Room, combined w/dining, pot lights, sliding doors
- 7.206 × 5.307 m
Basement
- Bedroom 3, pot lights, window, closet
- 2.52 × 2.67 m
- Kitchen, pot lights, stainless steel appl
- 3.84 × 3.89 m
- Bedroom 2, pot lights, closet, window
- 2.41 × 3.629 m
- Bedroom, pot lights, closet, window
- 3.26 × 3.45 m
- Living Room, pot lights, window
- 2.43 × 3.17 m
Estimated value range
$541K to $598K
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. $3,296/mo all in
Monthly payment estimate
Land transfer tax$7,875 on closing
Ontario LTT
$7,875
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 23, 2026
Earlier listings for this property are shown to registered users under our VOW agreement with LSTAR.
Sold comparables nearby
Sold75 Alma Street, St. Thomas
Sold73 Fifth Avenue, St. Thomas
See what these 6 homes sold for
Create a free account to see sold prices and comparable sales.
Market conditionsBuyer’s market in London
6.8 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 95.6% of asking.
Avg. sold price
$409,500
Sale-to-list ratio
95.6%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $136,000 household income
Minimum household income required
$136,000
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$2,500/mo median for 3 bed nearby
$2,500/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 37 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.
Message Colin about this home
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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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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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