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$499,900

Estimated value $475K to $525K

Est. $2,342/mo mortgage

4+2bd·3ba·1,500-2,000sqft

125 Barker Street · London, N5Y 1X9

MLS® X14140602

Listed yesterdayListed yesterday

Listing courtesy of Pc275 Realty INC.·Listing last changed 17 hours ago

Key facts

Property type
Detached
Square footage
1,500-2,000 sqft
Lot size
44 × 132 ft · < 0.50 acres
Age
51-99 years
Parking
2 spaces
Property tax
$5,281/yr (2025)

Description

POTENTIAL, POTENTIAL, POTENTIAL! Incredible Income Opportunity with Endless Possibilities! Calling all investors, multi-generational families, and buyers looking for a property with fantastic income potential! This versatile home offers an abundance of space, flexibility, and opportunity! The main level features 4 generously sized bedrooms, a 4-piece bathroom, and a bright, open-concept living, dining, and kitchen area, creating a spacious and welcoming atmosphere for everyday living and entertaining. The lower level offers even more possibilities, featuring 2 additional bedrooms, a 3-piece bathroom, a second kitchen and living area, plus a separate entrance! This layout is ideal for extended family, in-law suite potential, or additional rental income. But wait, there's more! At the back of the property, you'll find a bonus bachelor-style space complete with its own separate entrance and 3-piece bathroom, providing yet another opportunity for flexible living arrangements or potential income! With 6 bedrooms, 3 bathrooms, multiple living spaces, 3 kitchens, and separate entrances, this property is bursting with possibilities! Close to UWO and Fanshawe, Carling Arena, shopping and restaurants. Whether you're looking to expand your investment portfolio, accommodate extended family, or explore multiple income streams, this property offers the space and versatility to make it happen. Live in one space, explore income potential from the others, or make the most of this unique investment opportunity! Don't miss your chance to unlock the potential of this one-of-a-kind property!

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Property details

Interior

Size
1,500-2,000 sqft
Bedrooms
4 above grade, 2 lower level
Rooms
16 rooms · 3 kitchens
Bathrooms
1 × 4-piece on Second, 1 × 3-piece on Flat, 1 × 3-piece on Basement
Basement
Full, Finished, Separate Entrance
Heating
Forced Air
Cooling
Central Air

Building & lot

Type
Detached, 2-Storey
Age
51-99 years
Lot size
44 × 132 ft · < 0.50 acres
Exterior
Brick, Vinyl Siding
Foundation
Poured Concrete
Roof
Asphalt Shingle
Water & sewer
Sewer

Parking

Driveway
Private (2 spaces)
Parking
2 spaces

Fees & taxes

Property tax
$5,281/yr (2025)

Rooms

Main

Dining Room
2.97 × 3.33 m
Kitchen
2.44 × 3.69 m
Living Room
5.45 × 3.94 m

Second

Bedroom
3.09 × 2.87 m
Primary Bedroom
4.1 × 3.5 m
Bathroom, 4 Pc Bath
3.23 × 2.63 m
Bedroom
2.34 × 5.33 m
Bedroom
4.1 × 2.87 m

Basement

Living Room
2.96 × 2.94 m
Bedroom
2.71 × 2.82 m
Utility Room
5.34 × 2.94 m
Bathroom, 3 Pc Bath
1.28 × 1.73 m
Bedroom
2.7 × 3.39 m
Kitchen
5.03 × 1.32 m

Flat

Common Room, Combined w/Kitchen
4.16 × 3.4 m
Bedroom
3.39 × 3.69 m
Bathroom, 3 Pc Bath
2.17 × 2.69 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.

Location & neighbourhood

Directions

Carling Heights

London East, ON

Schools nearbyclosest is Knollwood Park Public School, 220 m

Elementary

  • Knollwood Park Public School

    220 m · Grades JK-8

    Thames Valley District School Board

    3.4
  • East Carling Public School

    630 m · Grades JK-8

    Thames Valley District School Board

    4.2
  • Lord Elgin Public School

    670 m · Grades JK-8

    Thames Valley District School Board

    3.9

Secondary

  • École secondaire catholique Monseigneur-Bruyère

    970 m · Grades 9-12

    Conseil scolaire de district des écolesCatholique

    6.3
  • John Paul II Catholic Secondary School

    1.6 km · Grades 9-12

    London District Catholic School Board

    3.3
  • Robarts Provincial School for the Deaf

    1.6 km · Grades 9-12

    Provincial

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. $3,136/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,342
Property tax$440
Insurance (est.)$104
Utilities (est.)$250
Total monthly$3,136
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

YesterdayListed
$499,900
Affordabilityneeds $128,000 household income

Minimum household income required

$128,000

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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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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