Whether you are a healthcare professional looking to walk to work, an investor seeking a high-value land play, or a family looking for a solid, affordable house, this property is a rare find. The location is unbeatable, situated literally a five-minute walk from Victoria Hospital-allowing you to trade parking fees and traffic jams for a short walk to work. The true value, however, is the land itself. This bungalow sits on the largest lot on the entire street, offering a massive, private backyard. Priced close to land value, you are essentially securing a prime lot with a solid house included nearly for free. Equipped with 3 bedrooms on the main floor and 2 in the basement this could be the perfect solution for a growing family who would like to stop throwing away money on rent. Strategically priced so that a buyer could get a free down payment from the City of London! (if approved)The home's position on the lot makes it a perfect candidate for an addition or a secondary suite. This is a prime setup for a "house hack" or an Airbnb unit; properties this close to the hospital typically see high demand and could significantly offset your mortgage payments. Families will also benefit from being just 800 meters from Princess Elizabeth Public School. The existing bungalow is a sturdy foundation ready for your updates and vision. Don't miss this chance to build instant equity on a massive lot in a high-demand location.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Approx. Age:
51-99
Total Approx Floor Area:
700-1100
Lot Size:
<.50
Lot Depth:
183'3"55.9 m
Lot Frontage:
66'7"20.3 m
Lot Shape:
Rectangular
Topography:
Flat
Direction Faces:
East
Bedrooms:
3+2
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
6
Rooms Below Grade:
8
Zoning:
R1-7
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Finished, Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Shed
Parking Features:
Private Double
Parking Spaces:
5
Total Parking Spaces:
5.0
Family Room:
No
Possession Details:
Vacant
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Assessment:
$258,000
Assessment Year:
2025
Taxes:
$4,325 /
2025
Assessment:
$258,000.00 /
2025
Middlesex
London South
South H
Hospital
In-Law Suite, Floor Drain, Separate Hydro Meter, Water Heater Owned
Porch
1 hot water heater
2 x fridges, 2 x stoves, 1 hot water tank - one unit is owned, 1 washer, 1 dryer
Data was last updated May 3, 2026 at 04:15 AM (UTC)
Area Statistics
Listings on market:
567
Avg list price:
$839,900
Min list price:
$320,000
Max list price:
$3,599,000
Avg days on market:
31
Min days on market:
0
Max days on market:
727
These statistics are generated based on the current listing's property type
and located in
London South. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.