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$475,000

Estimated value $451K to $499K

Est. $2,225/mo mortgage

3bd·3ba·700-1,100sqft

1169 Oxford Street · London, N5Y 3L7

MLS® X14150260

Listed yesterdayListed yesterday

Listing courtesy of Century 21 First Canadian Corp·Listing last changed 23 hours ago

Key facts

Property type
Detached
Square footage
700-1,100 sqft
Lot size
40 × 116.25 ft · < 0.50 acres
Age
51-99 years
Parking
5 spaces
Property tax
$2,550/yr (2025)

Description

Calling all visionary buyers and savvy investors! This property offers a fantastic opportunity for an eager investor. Its a golden opportunity brimming with potential, with OC5 and ASA3 zoning, this property offers incredible flexibility, strategically situated near Fanshawe College, major shopping centers, and convenient bus routes. The main floor of this bungalow presents three well-sized bedrooms, a four-piece bathroom, living room with gas fireplace and a dining area just off the kitchen. Recent upgrades include a new furnace (2020), enhanced spray foam insulation along with all newer windows in the lower level and in all bedrooms. This is more than just a home; it's a smart investment in a thriving community. Whether you're looking to upgrade the home and make it a great family residence with future income potential or a turnkey student rental conversion project, and the lower level is already equipped with two distinct Kitchen areas, two bathrooms and separate entrances, this London bungalow offers a truly unbeatable opportunity. Bring your vision to life and transform this space into your dream family haven or a high-yield income property the possibilities are endless!

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Property details

Interior

Size
700-1,100 sqft
Rooms
7 rooms
Bathrooms
1 × 4-piece on Main, 2 × 3-piece on Basement
Basement
Finished with Walk-Out, Development Potential
Heating
Forced Air
Cooling
None

Building & lot

Type
Detached, Bungalow
Age
51-99 years
Lot size
40 × 116.25 ft · < 0.50 acres
Exterior
Brick, Vinyl Siding
Foundation
Concrete Block
Roof
Shingles, Metal
Water & sewer
Sewer

Parking

Garage
1 car Detached
Driveway
Private (5 spaces)
Parking
5 spaces

Fees & taxes

Property tax
$2,550/yr (2025)

Rooms

Main

Living Room, Gas Fireplace
3.99 × 3.35 m
Foyer
4.44 × 2.07 m
Dining Room
3.56 × 3.38 m
Kitchen
3.08 × 2.31 m
Bathroom, 4 Pc Bath
1.6 × 1.5 m
Bedroom
2.77 × 2.47 m
Bedroom
2.74 × 2.74 m
Bedroom
2.74 × 2.46 m

Basement

Bathroom, 3 Pc Bath
1.4 × 1.2 m
Kitchen, Gas Fireplace
2.29 × 3.2 m
Kitchen
3.05 × 2.67 m
Bedroom
4.57 × 2.59 m
Bathroom, 3 Pc Bath
1.2 × 1.6 m
Bedroom
5.03 × 2.59 m

Estimated value range

$451K to $499K

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
Old East Village →

London East, ON

Arts district with walkable streets and character homes.

Schools nearbyclosest is Blessed Sacrament Separate School, 340 m

Elementary

  • Blessed Sacrament Separate School

    340 m · Grades JK-8

    London District Catholic School Board

    4.8
  • Sir John A Macdonald Public School

    620 m · Grades JK-8

    Thames Valley District School Board

    5.3
  • Robarts Provincial School for the Deaf

    830 m · Grades JK-8

    Provincial

Secondary

  • John Paul II Catholic Secondary School

    670 m · Grades 9-12

    London District Catholic School Board

    3.3
  • Robarts Provincial School for the Deaf

    830 m · Grades 9-12

    Provincial

  • Robarts/Amethyst Demonstration Secondary School

    830 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. $2,787/mo all in

Monthly payment estimate

Mortgage (5.07%, 25yr)$2,225
Property tax$213
Insurance (est.)$99
Utilities (est.)$250
Total monthly$2,787
Land transfer tax$5,975 on closing

Ontario LTT

$5,975

First-time rebate

−$4,000

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

Price & listing history

$475,000

Listed yesterday

On the market

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

Sold comparables nearby

1183 Patann Drive, London EastSold

1183 Patann Drive, London East

3 bd·2 ba·1,100-1,500 sqft
550 Elizabeth Street, London EastSold

550 Elizabeth Street, London East

2 bd·2 ba·1,100-1,500 sqft

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 98.9% of asking.

Buyer's marketBalancedSeller's market

Avg. sold price

$460,833

Sale-to-list ratio

98.9%

Based on 6 recent comparable sales near this home.

Affordabilityneeds $114,000 household income

Minimum household income required

$114,000

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$2,398/mo median for 3 bed nearby

$2,398/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 60 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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CA

Colin Abbot, Broker

Oak and Key Real Estate Brokerage Inc.

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(226) 212-5099 · Email Colin

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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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