58 Oak Street · London, N5Z 2H6
MLS® X14138804
Listing courtesy of Royal Lepage Triland Realty·Listing last changed 4 hours ago
Key facts
- Property type
- Semi-detached
- Square footage
- 1,100-1,500 sqft
- Lot size
- 29.95 × 221.27 ft
- Parking
- 4 spaces
- Property tax
- $3,353/yr (2025)
Description
Welcome to 58 Oak Street, a beautiful 2012-built home offering the perfect blend of modern living in an established London neighbourhood. This bright, sun-filled property features a spacious open-concept layout with 3 bedrooms and 2.5 bathrooms, freshly painted throughout and completely ready for your personal touch. The main level welcomes you with an inviting eat-in kitchen, a formal dining area, a large living room, and a convenient 2-piece powder room. Upstairs, you will find three bedrooms and two full bathrooms, highlighted by a primary suite featuring functional his-and-hers closets and a private 4-piece ensuite. High-traffic areas showcase excellent updates, including new vinyl flooring (2024) and brand-new carpeting (2026).The lower level is currently partially finished and offers massive potential for future development or passive income, already equipped with builder rough-in plumbing for a kitchen and a bathroom to easily accommodate a rental apartment or an in-law suite. Outside, the property boasts a rare, premium 221-foot deep lot that backs directly onto a serene private ravine, providing a peaceful outdoor oasis with endless room for family gatherings, summer BBQs, and gardening. Complete peace of mind comes with major updates including a brand-new gas furnace (2025), an owned water heater, all appliances included, and a spacious double driveway with parking for four vehicles.Perfect for growing families, this convenient location is just a three-minute stroll from Trafalgar Public School (JK-8) and sits close to B. Davison and Clarke Road Secondary Schools. Nestled in a vibrant East London community, this home pairs a quiet ravine setting with the effortless convenience of nearby grocery stores, shopping, pharmacies, and quick transit routes for a straightforward daily commute. Combining modern functional updates, rare green space, and incredible rental income potential, this meticulously maintained property is an outstanding opportunity.
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Property details
Interior
- Size
- 1,100-1,500 sqft
- Rooms
- 3 rooms
- Bathrooms
- 2 × 4-piece on Second, 1 × 2-piece on Main
- Basement
- Full, Partially Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Semi-detached, 2-Storey
- Lot size
- 29.95 × 221.27 ft
- Exterior
- Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Driveway
- Private (4 spaces)
- Parking
- 4 spaces
Fees & taxes
- Property tax
- $3,353/yr (2025)
Rooms
Main
- Kitchen
- 4 × 3.1 m
- Dining Room
- 3.4 × 2.72 m
- Living Room
- 7.04 × 3.66 m
- Bathroom, 2 Pc Bath
- 2.28 × 1.34 m
Second
- Bathroom, 4 Pc Bath
- 2.7 × 1.55 m
- Bathroom, 4 Pc Ensuite
- 2.7 × 1.55 m
- Bedroom 3
- 3.82 × 3.62 m
- Bedroom 2
- 3.06 × 2.98 m
- Primary Bedroom
- 3.56 × 4.08 m
Basement
- Recreation
- 6.83 × 3.22 m
- Laundry
- 2.08 × 2 m
Estimated value range
$499K to $551K
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
DirectionsLondon East, ON
Established south-end neighbourhood with mature trees and a community-park-centred layout.
Schools nearbyclosest is Trafalgar Public School, 370 m
Elementary
- 3.1
Trafalgar Public School
370 m · Grades JK-8
Thames Valley District School Board
- 9.1
Lester B Pearson School for the Arts
820 m · Grades 4-8
Thames Valley District School Board
- 5.5
Ealing Public School
920 m · Grades JK-8
Thames Valley District School Board
Secondary
B Davison Secondary School
920 m · Grades 9-12
Thames Valley District School Board
G A Wheable Secondary School
1.4 km · Grades 9-12
Thames Valley Alternative Secondary School
1.6 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. $3,098/mo all in
Monthly payment estimate
Land transfer tax$6,975 on closing
Ontario LTT
$6,975
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 yesterday
Sold comparables nearby
Sold121 Kimberley Avenue, London South
Sold147 Gerald Crescent, London South
See what these 6 homes sold for
Create a free account to see sold prices and comparable sales.
Market conditionsBuyer’s market in London
6.2 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 98.6% of asking.
Avg. sold price
$458,500
Sale-to-list ratio
98.6%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $127,000 household income
Minimum household income required
$127,000
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$2,200/mo median for 3 bed nearby
$2,200/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 52 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.
Get notified about similar homes
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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.
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