1506 Rushland Avenue · London, N5V 1X5
MLS® X14147106
Listing courtesy of Sutton Group - Select Realty INC.·Listing last changed 6 hours ago
Key facts
- Property type
- Detached
- Square footage
- 700-1,100 sqft
- Lot size
- 56 × 136 ft
- Age
- 51-99 years
- Parking
- 8 spaces
- Property tax
- $3,286/yr (2026)
Description
Welcome to this extensively renovated raised bungalow, ideally situated on a quiet dead-end street close to Fanshawe College and an abundance of everyday amenities. Offering five bedrooms in total, this versatile property is perfect for families, investors, or those seeking additional income potential. The separate entrance leads to a self-contained accessory apartment featuring two bedrooms and a full kitchen, providing excellent flexibility for extended family or student rental opportunities. Outside, enjoy ample parking, a detached two car garage, a covered rear porch, and a fully fenced yard with plenty of space to relax and entertain. With extensive renovations throughout and a convenient location, this property offers an exceptional combination of comfort, functionality, and investment potential
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Property details
Interior
- Size
- 700-1,100 sqft
- Bedrooms
- 3 above grade, 2 lower level
- Rooms
- 7 rooms
- Bathrooms
- 1 × 3-piece on Main, 1 × 3-piece on Lower
- Basement
- Separate Entrance, Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Age
- 51-99 years
- Lot size
- 56 × 136 ft
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Garage
- 2 car Detached
- Driveway
- Private Double (6 spaces)
- Parking
- 8 spaces
Fees & taxes
- Property tax
- $3,286/yr (2026)
Rooms
Main
- Dining Room
- 4.09 × 3.07 m
- Bedroom
- 3.48 × 2.82 m
- Primary Bedroom
- 3.48 × 3.1 m
- Bedroom
- 3.38 × 2.77 m
- Kitchen
- 3.38 × 3.05 m
- Recreation
- 2.21 × 1.55 m
- Living Room
- 4.62 × 3.48 m
Lower
- Living Room
- 3.71 × 3.33 m
- Bedroom
- 3.71 × 3.33 m
- Bedroom
- 5.84 × 2.18 m
- Kitchen
- 2.39 × 2.13 m
Estimated value range
$550K to $608K
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
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Schools nearbyclosest is Forest City Public School, 620 m
Elementary
- 4.8
Forest City Public School
620 m · Grades JK-8
Thames Valley District School Board
Robarts Provincial School for the Deaf
890 m · Grades JK-8
Provincial
Robarts/Amethyst Demonstration Elementary School
890 m · Grades 4-8
Provincial
Secondary
- 3.3
John Paul II Catholic Secondary School
720 m · Grades 9-12
London District Catholic School Board
Robarts Provincial School for the Deaf
890 m · Grades 9-12
Provincial
Robarts/Amethyst Demonstration Secondary School
890 m · 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. $3,357/mo all in
Monthly payment estimate
Land transfer tax$8,055 on closing
Ontario LTT
$8,055
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
Sold22 Graydon Street, London East
Sold1183 Patann Drive, London East
See what these 6 homes sold for
Create a free account to see sold prices and comparable sales.
Market conditionsBalanced market in London
5.9 months of inventory: supply and demand are roughly balanced. Nearby, 6 sales in the last 90 days went for an average of 99.6% of asking.
Avg. sold price
$463,000
Sale-to-list ratio
99.6%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $138,000 household income
Minimum household income required
$138,000
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$2,300/mo median for 3 bed nearby
$2,300/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 49 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
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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