155 River Run Terrace · London, N5W 5Z2
MLS® X14128054
Listing courtesy of Rinehart Realty·Listing last changed 4 hours ago
Key facts
- Property type
- Detached
- Square footage
- 700-1,100 sqft
- Lot size
- 39.37 × 98.42 ft · < 0.50 acres
- Age
- 31-50 years
- Parking
- 3 spaces
- Property tax
- $3,671/yr (2025)
Description
Move in ready, extensively updated and offering 1,652 sq. ft. of total finished living space, including the lower level**, all while backing directly onto a park! This detached raised bungalow offers 3 bedrooms, 2 full bathrooms, a finished lower level and parking for three vehicles. With a new roof installed in 2023 and numerous updates throughout, much of the work has already been done. The main level features hardwood flooring throughout the principal living areas, an updated kitchen with plenty of cabinetry and counter space, and a refreshed modern bathroom. The bright living and dining areas offer a comfortable layout for everyday living and entertaining. Downstairs, the finished lower level features high ceilings, new laminate flooring, a cozy gas fireplace, an additional bedroom, full bathroom and separate rear entrance. The raised ranch design lends itself exceptionally well to an in law suite or potential secondary dwelling, offering an attractive opportunity for extended family living or buyers looking to explore rental income possibilities, subject to municipal approvals. Outside, the fully fenced backyard backs directly onto a park and features a patio added approximately five years ago and a convenient storage shed. The location is another standout! Enjoy walking distance to nearby parks and London's popular East Park Golf Gardens, with convenient access to bus routes connecting to Fanshawe College and downtown London. Additional improvements include new appliances throughout, with the exception of the stove. With its desirable park setting, extensive updates, convenient location and excellent income potential, this home offers tremendous versatility for homeowners and investors alike!
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Property details
Interior
- Size
- 700-1,100 sqft
- Bedrooms
- 2 above grade, 1 lower level
- Rooms
- 6 rooms
- Bathrooms
- 1 × 4-piece on Main, 1 × 3-piece on Lower
- Basement
- Full, Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow-Raised
- Age
- 31-50 years
- Lot size
- 39.37 × 98.42 ft · < 0.50 acres
- Exterior
- Brick, Vinyl Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Driveway
- Private Double (3 spaces)
- Parking
- 3 spaces
Fees & taxes
- Property tax
- $3,671/yr (2025)
Rooms
Main
- Kitchen
- 3.72 × 2.89 m
- Foyer
- 1.98 × 0.95 m
- Living Room
- 6.33 × 4.12 m
- Bedroom
- 3.62 × 2.57 m
- Primary Bedroom
- 3.4 × 4.07 m
- Bathroom
- 2.55 × 1.4 m
- Dining Room
- 3.4 × 2.4 m
Lower
- Bathroom
- 1.98 × 1.99 m
- Laundry
- 3.03 × 3.34 m
- Bedroom
- 4.15 × 3.44 m
- Utility Room
- 1.97 × 1.5 m
- Family Room
- 3.99 × 6.45 m
Estimated value range
$522K to $577K
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 Tweedsmuir Public School, 1.1 km
Elementary
- 5.3
Tweedsmuir Public School
1.1 km · Grades JK-8
Thames Valley District School Board
- 3.0
St Bernadette Separate School
1.5 km · Grades JK-8
London District Catholic School Board
- 4.7
John P Robarts Public School
1.7 km · Grades JK-8
Thames Valley District School Board
Secondary
- 6.6
École secondaire Gabriel-Dumont
2.7 km · Grades 9-12
Conseil scolaire Viamonde
- 3.8
Clarke Road Secondary School
2.7 km · 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. $3,247/mo all in
Monthly payment estimate
Land transfer tax$7,473 on closing
Ontario LTT
$7,473
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 today
Sold comparables nearby
Sold685 North Leaksdale Circle, London South
Sold151 Hale Street, London East
See what these 6 homes sold for
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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 94.9% of asking.
Avg. sold price
$510,917
Sale-to-list ratio
94.9%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $133,000 household income
Minimum household income required
$133,000
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$1,700/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 39 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., Brokerage, 490 Melcrest Road, London, ON N6J 3T1, Phone: (226) 212-5099
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