586 Elmdale Avenue · London, N5X 1H7
MLS® X14165088
Listing courtesy of Re/max Centre City Realty INC·Listing last changed 18 hours ago
Key facts
- Property type
- Detached
- Square footage
- 700-1,100 sqft
- Lot size
- 50 × 175 ft
- Age
- 51-99 years
- Parking
- 4 spaces
- Property tax
- $3,621/yr (2025)
Description
All brick ranch on a huge 50 x 175 ft mature lot! One of those great neighborhoods in North London that holds many options. On the main level, three bedrooms with gleaming hardwood floors, (the middle one has been set up with laundry but can be converted back). One + a half bath. A spacious livingroom, again enjoying beautiful hardwood flooring & a wood burning fireplace (no guarantees or warranties as the fireplace hasn't been used for many years). In it's life time this home has enjoyed updated kitchen cabinetry, appliances, updated main bath, windows, windows capped, shingles approx. 3 years ago, large deck over-looking a stunning fenced backyard. The lower level was rarely used for many years, thus awaits your own special ideas. Lots of room to work with. Corner stove (no representation or warranties) Home is an Estate Sale. Family unable to represent or warrant.
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Property details
Interior
- Rooms
- 8 rooms
- Bathrooms
- 1 × 4-piece on Main, 1 × 2-piece on Lower
- Basement
- Full, Development Potential
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Age
- 51-99 years
- Exterior
- Brick
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Rooms
Main
- Bathroom, 4 Pc Bath
- Other
- 2.45 × 2.78 m
- Bedroom 2
- 3.39 × 2.44 m
- Dining Room
- 2.16 × 1.86 m
- Kitchen
- 2.16 × 1.12 m
- Living Room
- 3.37 × 4.91 m
- Primary Bedroom
- 3.39 × 2.77 m
Lower
- Bathroom, 2 Pc Bath
- Other
- 10.99 × 7.04 m
Estimated value range
$456K to $503K
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 North, ON
Established subdivision east of Masonville surrounded by the Stoney Creek Valley.
Schools nearbyclosest is A B Lucas Secondary School, 630 m
Elementary
- 7.1
Stoneybrook Public School
660 m · Grades JK-8
Thames Valley District School Board
- 8.0
St. Kateri Separate School
1.1 km · Grades JK-8
London District Catholic School Board
- 8.6
Jack Chambers Public School
1.5 km · Grades JK-8
Thames Valley District School Board
Secondary
- 6.8
A B Lucas Secondary School
630 m · Grades 9-12
Thames Valley District School Board
- 5.5
Mother Teresa Catholic Secondary School
2.1 km · Grades 9-12
London District Catholic School Board
- 6.3
École secondaire catholique Monseigneur-Bruyère
2.3 km · Grades 9-12
Conseil scolaire de district des écolesCatholique
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. $2,898/mo all in
Monthly payment estimate
Land transfer tax$6,065 on closing
Ontario LTT
$6,065
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
Sold96 Tweed Crescent, London North
Sold179 Carriage Hill Drive, London North
See what these 6 homes sold for
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Market conditionsBuyer’s market in London
6.1 months of inventory: buyers have more options and negotiating power. Nearby, 6 sales in the last 90 days went for an average of 95.4% of asking.
Avg. sold price
$752,333
Sale-to-list ratio
95.4%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $118,000 household income
Minimum household income required
$118,000
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$2,690/mo median for 3 bed nearby
$2,690/month is the median rent for 3-bedroom homes leased within 3km over the past 12 months, across 51 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.
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