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For sale
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$625,000

Estimated value $594K to $656K

Est. $2,928/mo mortgage

3bd·2ba·1,100-1,500sqft

149 Manitoulin Drive · London, N5W 1M6

MLS® X14127204

Listed todayListed today

Listing courtesy of Keller Williams Lifestyles·Listing last changed 8 hours ago

Key facts

Property type
Detached
Square footage
1,100-1,500 sqft
Lot size
60 × 110 ft
Parking
5 spaces
Property tax
$4,141/yr (2025)

Description

Welcome to 149 Manitoulin Drive, a beautifully maintained and thoughtfully updated bungalow in the mature, family-friendly Fairmont neighbourhood. Proudly cared for by the same owners since 1992, this home offers a wonderful combination of functional living space, quality updates and an exceptional backyard retreat. The inviting exterior features a spacious driveway, extended front porch and attached garage with convenient inside entry and a separate man door to the backyard. Inside, the bright main floor offers three generous bedrooms, an updated full bathroom with a walk-in shower & front facing living room with ample natural light. The beautifully updated kitchen features stainless steel appliances, large island, a farmhouse sink overlooking the backyard & an addition that creates a spacious dining area, a rare feature for homes in this neighbourhood. Complete with a cozy gas fireplace & patio doors leading to the covered gazebo, this space is ideal for everyday living & entertaining. Your very own private backyard oasis, surrounded by mature trees, an in-ground pool, covered gazebo & a pool bar with a metal roof & power. The finished lower level provides additional living space, a second updated full bathroom, potential for a fourth bedroom by just adding an egress window and a separate laundry room complete with newer flooring, a laundry sink and ample storage. Meticulously maintained over the years, the home offers numerous significant improvements, including a steel roof, updated windows, sprinkler irrigation system, freshly painted throughout, kitchen & bathrooms, with many of the major expenses already taken care of. Ideally located close to parks, walking trails, schools, shopping & everyday amenities, with easy highway access, this is a fantastic opportunity to own a well-cared-for home in an established neighbourhood. After more than three decades with the same family, it's easy to see why they've called 149 Manitoulin Drive home for as long as they did.

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Property details

Interior

Size
1,100-1,500 sqft
Rooms
7 rooms
Bathrooms
1 × 3-piece on Main, 1 × 3-piece on Basement
Basement
Finished, Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
60 × 110 ft
Exterior
Brick
Foundation
Concrete
Roof
Metal
Water & sewer
Sewer
Pool
Inground

Parking

Garage
1 car Attached
Driveway
Private Double (4 spaces)
Parking
5 spaces

Fees & taxes

Property tax
$4,141/yr (2025)

Estimated value range

$594K to $656K

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

Fairmont

London East, ON

Schools nearbyclosest is St Bernadette Separate School, 320 m

Elementary

  • St Bernadette Separate School

    320 m · Grades JK-8

    London District Catholic School Board

    3.0
  • Tweedsmuir Public School

    360 m · Grades JK-8

    Thames Valley District School Board

    5.3
  • Princess AnneFrench Immersion Public School

    1.4 km · Grades JK-8

    Thames Valley District School Board

    6.2

Secondary

  • Clarke Road Secondary School

    2.5 km · Grades 9-12

    Thames Valley District School Board

    3.8
  • Thames Valley Alternative Secondary School

    2.8 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. $3,653/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,928
Property tax$345
Insurance (est.)$130
Utilities (est.)$250
Total monthly$3,653
Land transfer tax$8,975 on closing

Ontario LTT

$8,975

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

$625,000↓ 9%

Listed today

On the market
$685,000

Listed Oct 13, 2026

On the market

Sold comparables nearby

151 Hale Street, London EastSold

151 Hale Street, London East

2 bd·2 ba·700-1,100 sqft
139 - 2025 Meadowgate Boulevard, London SouthSold

139 - 2025 Meadowgate Boulevard, London South

2 bd·3 ba·1,400-1,599 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

6.3 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 96.1% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$477,750

Sale-to-list ratio

96.1%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $151,000 household income

Minimum household income required

$151,000

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$2,400/mo median for 3 bed nearby

$2,400/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 53 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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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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Colin Abbot, Broker

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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