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For sale
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$399,000

Estimated value $379K to $419K

Est. $1,869/mo mortgage

3bd·2ba·700-1,100sqft

1564 Nairn Avenue · London, N5V 2P2

MLS® X14123158

Listed yesterdayListed yesterday

Listing courtesy of Re/max Centre City Realty INC.·Listing last changed 11 hours ago

Key facts

Property type
Semi-detached
Square footage
700-1,100 sqft
Lot size
32.5 × 152.6 ft
Parking
4 spaces
Property tax
$3,000/yr (2025)

Description

Stop renting and step into this fully updated, turnkey semi-detached bungalow in a vibrant East London pocket. Priced perfectly under $400,000, this home offers a blend of modern indoor living and an expansive outdoor footprint. It represents an exceptional opportunity for first-time buyers looking to build equity, young families searching for a great yard, or investors targeting the high-demand Fanshawe College rental market.The main level welcomes you with a bright, spacious living room flowing seamlessly into an updated kitchen, complete with crisp white cabinetry, durable laminate flooring, and an open dining area. The lower level maximizes privacy and cozy comfort, featuring three bedrooms, an updated full bathroom, and convenient stacked laundry. With the entire interior refreshed, you can enjoy your new home without the stress or expense of immediate renovations.The real showstopper is the private, fully fenced backyard oasis. Featuring a massive entertaining deck and a dedicated fire pit zone, the deep lot still leaves plenty of room for a pool or a trampoline, effectively expanding your usable living space. Storage is easy with two sheds, including a brand-new, handmade addition.Combining total peace of mind with an unbeatable location, the home features a private four-car driveway and a brand-new electrical panel completed in 2026. You are ideally positioned just minutes from Veterans Memorial Parkway, steps from local schools, and only an eight-minute drive from the extensive shopping at Argyle Mall!

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Property details

Interior

Size
700-1,100 sqft
Rooms
8 rooms
Bathrooms
1 × 3-piece on Basement, 1 × 2-piece on Main
Basement
Finished
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Semi-detached, Bungalow-Raised
Lot size
32.5 × 152.6 ft
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Private (4 spaces)
Parking
4 spaces

Fees & taxes

Property tax
$3,000/yr (2025)

Estimated value range

$379K to $419K

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
Huron Heights →

London East, ON

Large northeast area with schools, parks, and diverse housing near Fanshawe College.

Schools nearbyclosest is Evelyn Harrison Public School, 480 m

Elementary

  • Evelyn Harrison Public School

    480 m · Grades JK-8

    Thames Valley District School Board

    5.8
  • Chippewa Public School

    980 m · Grades JK-8

    Thames Valley District School Board

    6.0
  • École élémentaire catholique Ste-Jeanne-d'Arc

    1.1 km · Grades JK-8

    Conseil scolaire de district des écolesCatholique

    7.5

Secondary

  • Robarts Provincial School for the Deaf

    1.7 km · Grades 9-12

    Provincial

  • Robarts/Amethyst Demonstration Secondary School

    1.7 km · Grades 9-12

    Provincial

  • John Paul II Catholic Secondary School

    1.8 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. $2,452/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$1,869
Property tax$250
Insurance (est.)$83
Utilities (est.)$250
Total monthly$2,452
Land transfer tax$4,460 on closing

Ontario LTT

$4,460

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 2 times · asking price down 9% from the first ask

$399,000↓ 9%

Listed yesterday

On the market
$439,900

Listed Jun 29, 2023 · 23 days on market

Sold

Jul 22, 2023

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

23 days on the market in total across 2 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

Sold comparables nearby

55 Mohegan Crescent, London EastSold

55 Mohegan Crescent, London East

3 bd·3 ba·1,100-1,500 sqft
364 Flanders Row, London EastSold

364 Flanders Row, London East

4 bd·2 ba·1,100-1,500 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

6.5 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 96.2% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$393,333

Sale-to-list ratio

96.2%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $99,000 household income

Minimum household income required

$99,000

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? Call Colin at (226) 212-5099 or text

Rental market$2,475/mo median for 3 bed nearby

$2,475/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 40 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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