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For sale
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$549,000

Estimated value $522K to $576K

Est. $2,572/mo mortgage

2+2bd·2ba·700-1,100sqft

141 Fairmont Avenue · London, N5W 1M1

MLS® X14133844

Listed yesterdayListed yesterday

Listing courtesy of Sutton Group - Select Realty INC.·Listing last changed 3 hours ago

Key facts

Property type
Detached
Square footage
700-1,100 sqft
Lot size
49 × 137 ft
Parking
7 spaces
Property tax
$3,420/yr (2025)

Description

Property currently rented for $32,000 per year income plus utilities. Tenants willing to stay. One floor with finished lower level. Two bedrooms up and two bedrooms down two kitchens, two baths, lower level with separate entrance. Located in Fairmont subdivision. Detached garage with 10 foot ceilings and extra Hydro panel. Good sized lot with double drive for six cars plus garage. All appliances included.

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Property details

Interior

Size
700-1,100 sqft
Bedrooms
2 above grade, 2 lower level
Rooms
4 rooms
Bathrooms
1 × 4-piece on Main, 1 × 3-piece on Lower
Basement
Separate Entrance, Full
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, Bungalow
Lot size
49 × 137 ft
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Garage
1 car Detached
Driveway
Available, Private (6 spaces)
Parking
7 spaces

Fees & taxes

Property tax
$3,420/yr (2025)

Rooms

Main

Primary Bedroom
3.15 × 2.85 m
Living Room
6.08 × 4.4 m
Kitchen
4.05 × 2.55 m
Bedroom
2.85 × 2.55 m

Lower

Family Room
6.05 × 3.25 m
Bedroom
2.9 × 2.7 m
Bedroom
2.9 × 2.85 m
Other
2.55 × 2.1 m

Estimated value range

$522K to $576K

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, 380 m

Elementary

  • St Bernadette Separate School

    380 m · Grades JK-8

    London District Catholic School Board

    3.0
  • Tweedsmuir Public School

    700 m · Grades JK-8

    Thames Valley District School Board

    5.3
  • Ealing Public School

    1.0 km · Grades JK-8

    Thames Valley District School Board

    5.5

Secondary

  • Thames Valley Alternative Secondary School

    2.4 km · Grades 9-12

  • Clarke Road Secondary School

    2.5 km · Grades 9-12

    Thames Valley District School Board

    3.8
  • B Davison Secondary School

    2.6 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. $3,221/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,572
Property tax$285
Insurance (est.)$114
Utilities (est.)$250
Total monthly$3,221
Land transfer tax$7,455 on closing

Ontario LTT

$7,455

First-time rebate

−$4,000

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

Price & listing history

$549,000

Listed yesterday

On the market

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

Sold comparables nearby

211 Highbury Avenue, London EastSold

211 Highbury Avenue, London East

3 bd·2 ba·1,100-1,500 sqft
96 Dakin Street, London EastSold

96 Dakin Street, London East

2 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 conditionsBalanced market in London

6 months of inventory: supply and demand are roughly balanced. Nearby, 6 sales in the last 90 days went for an average of 97% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$400,425

Sale-to-list ratio

97%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $132,000 household income

Minimum household income required

$132,000

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

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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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(226) 212-5099 · Email Colin

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.

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.

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