581 Central Avenue · London, N6B 2G5
MLS® X14123940
Listed Oct 26, 2026
Listing courtesy of Keller Williams Lifestyles·Listing last changed 2 hours ago
Key facts
- Property type
- Detached
- Square footage
- 1,100-1,500 sqft
- Lot size
- 40 × 134 ft
- Age
- 100+ years
- Parking
- 5 spaces
- Property tax
- $4,811/yr (2025)
Description
Welcome to 581 Central Avenue! Nestled in the scenic Woodfield neighbourhood of London, this charming 2 bedroom, 2 bathroom bungalow offers the perfect combination of comfort, functionality, and outdoor living! Upon first glance, you'll appreciate the inviting curb appeal, spacious 5-car driveway, attached single-car garage, and a large front porch with a new front door (2025) - perfect for enjoying your morning coffee. Step inside and take in the bright, open-concept layout as you flow seamlessly from your welcoming living room into the dining area, creating the perfect space for entertaining family and friends. Continue into the stunning eat-in kitchen, showcasing gorgeous finishes and a functional design ideal for everyday living. Completing the main floor are 2 bedrooms, including a spacious primary bedroom featuring its own private 3-piece ensuite. An additional 4-piece bathroom is conveniently situated on the main floor, perfect for guests. Step outside and discover your fully fenced backyard, featuring a grand rectangular in-ground pool and plenty of room to host summer BBQs, enjoy warm evenings, and make lasting memories with loved ones. Whether you're relaxing poolside or entertaining a crowd, this outdoor space offers endless possibilities! The lower level is a blank canvas awaiting your personal touch, complete with a laundry and utility room and ample potential to create a spacious recreation room, additional living space, home gym, or hobby area. Oh, and we can't forget to mention the new front drainage line under the driveway with a 20 year warranty for added peace of mind! With a functional layout, incredible outdoor features, and plenty of opportunity to make it your own, this home is full of potential! Conveniently located close to everyday amenities, cafes, restaurants, parks, and more, this property is one you won't want to miss. Don't delay, book your showing today!
Read more ›Show less ‹
Keep notes on this home
Jot down what you thought and mark it as toured. Private to you.
Property details
Interior
- Size
- 1,100-1,500 sqft
- Rooms
- 5 rooms
- Bathrooms
- 1 × 4-piece, 1 × 3-piece
- Basement
- Full, Unfinished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Age
- 100+ years
- Lot size
- 40 × 134 ft
- Exterior
- Brick
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
- Pool
- Inground
Parking
- Garage
- 1 car Attached
- Driveway
- Private, Tandem (4 spaces)
- Parking
- 5 spaces
Fees & taxes
- Property tax
- $4,811/yr (2025)
Rooms
Main
- Dining Room
- 4.13 × 5.36 m
- Kitchen
- 3.25 × 4.4 m
- Living Room
- 6.1 × 3.13 m
- Bedroom 2
- 2.75 × 2.98 m
- Primary Bedroom
- 2.75 × 4.89 m
Lower
- Recreation
- 2.74 × 12.95 m
- Utility Room
- 2.87 × 3.34 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.
Schools nearbyclosest is Woodfield French Immersion Public School, 460 m
Elementary
- 7.8
Woodfield French Immersion Public School
460 m · Grades JK-8
Thames Valley District School Board
- 9.3
St Mary School
900 m · Grades 5-8
London District Catholic School Board
- 8.0
St Georges Public School
1.1 km · Grades JK-8
Thames Valley District School Board
Secondary
- 5.3
H B Beal Secondary School
780 m · Grades 9-12
Thames Valley District School Board
- 5.7
Catholic Central High School
830 m · Grades 9-12
London District Catholic School Board
- 8.0
London Central Secondary School
970 m · 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. $3,097/mo all in
Monthly payment estimate
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
Listed 2 times
Listed Oct 26, 2026
Listed Oct 26, 2026
Sold comparables nearby
Sold820 Maitland Street, London East
Sold945 Colborne Street, 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
6.5 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
$461,417
Sale-to-list ratio
97.7%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $126,000 household income
Minimum household income required
$126,000
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$1,798/mo median for 2 bed nearby
$1,798/month is the median rent for 2-bedroom homes leased within 3km over the past 12 months, across 108 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.
Colin Abbot, Broker
Oak and Key Real Estate Brokerage Inc.
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
By submitting, you agree to receive text messages from COLIN ABBOT REAL ESTATE INC. and to be contacted by Oak and Key Real Estate Brokerage Inc. by email and phone about real estate services. Message frequency varies. Msg & data rates may apply. Reply STOP to unsubscribe or HELP for help. See our Privacy Policy and SMS Terms.
Get notified about similar homes
New detached listings in Downtown London.
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.
SearchLondonHomes.com is operated by Oak and Key Real Estate Brokerage Inc., a registered Ontario brokerage. Not intended to solicit clients already under contract with another brokerage.