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For sale
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$264,900

Estimated value $252K to $278K

Est. $1,241/mo mortgage

2bd·1ba·700-1,100sqft

57 Homan Street · London, N5Z 1A9

MLS® X14121642

Listed todayListed today

Listing courtesy of Blue Forest Realty INC.·Listing last changed 6 hours ago

Key facts

Property type
Detached
Square footage
700-1,100 sqft
Lot size
39 × 110 ft
Parking
2 spaces
Property tax
$2,246/yr (2025)

Description

Are you looking for a cute little starter home that you can make your own? Look no further! This traditional bungalow has lots to offer. Open concept living and dining room are great for family gatherings. Two bedrooms. Unspoiled basement. Corner lot with fenced yard. Private driveway. Quiet street just steps to park and walking trails. Quick possession available. Sold as is.

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Property details

Interior

Size
700-1,100 sqft
Rooms
5 rooms
Bathrooms
1 × 4-piece on Main
Basement
Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
39 × 110 ft
Exterior
Vinyl Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Private (2 spaces)
Parking
2 spaces

Fees & taxes

Property tax
$2,246/yr (2025)

Rooms

Main

Bedroom
3.78 × 3.12 m
Bedroom
3.15 × 2.78 m
Kitchen
3.84 × 2.67 m
Dining Room
5.08 × 5.79 m
Living Room
4.52 × 3.15 m

Estimated value range

$252K to $278K

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
Glen Cairn →

London East, ON

Established south-end neighbourhood with mature trees and a community-park-centred layout.

Schools nearbyclosest is Trafalgar Public School, 530 m

Elementary

  • Trafalgar Public School

    530 m · Grades JK-8

    Thames Valley District School Board

    3.1
  • Ealing Public School

    650 m · Grades JK-8

    Thames Valley District School Board

    5.5
  • Lester B Pearson School for the Arts

    870 m · Grades 4-8

    Thames Valley District School Board

    9.1

Secondary

  • B Davison Secondary School

    980 m · Grades 9-12

    Thames Valley District School Board

  • G A Wheable Secondary School

    1.1 km · Grades 9-12

  • Thames Valley Alternative Secondary School

    2.2 km · Grades 9-12

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. $1,733/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,241
Property tax$187
Insurance (est.)$55
Utilities (est.)$250
Total monthly$1,733
Land transfer tax$2,449 on closing

Ontario LTT

$2,449

First-time rebate

−$2,449

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

Price & listing history

$264,900

Listed today

On the market

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

Sold comparables nearby

8 Edna Street, London SouthSold

8 Edna Street, London South

3 bd·2 ba·700-1,100 sqft
356 Thompson Road, London SouthSold

356 Thompson Road, London South

3 bd·1 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

6.6 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 97.8% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$437,583

Sale-to-list ratio

97.8%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $69,000 household income

Minimum household income required

$69,000

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$1,700/mo median for 2 bed nearby

$1,700/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 87 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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Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

CA

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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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