31 TYNEMOUTH Drive, London, Ontario, N5V4V3

For saleJust listed

Yesterday

$675K

31 TYNEMOUTH Drive, London, Ontario, N5V4V3

5 bd3 ba6 pk1,537 ft²

Listed by Re/Max Twin City Realty Inc.

For saleJust listed

2 days ago

$815K

1601 NOAH, London, Ontario, N6G5S1

4 bd4 ba4 pk2,316 ft²

Listed by Re/Max Real Estate Centre Inc.

For saleJust listed

3 days ago

$835K

1595 NOAH, London, Ontario, N6G5S1

4 bd4 ba4 pk2,546 ft²

Listed by Re/Max Real Estate Centre Inc.

899 HAMILTON Road, London, Ontario, N5Z1W1

For saleJust listed

5 days ago

$412K

899 HAMILTON Road, London, Ontario, N5Z1W1

2 bd1 ba4 pk1,813 ft²

Listed by RE/MAX Escarpment Realty Inc.

Investment analysis

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$249,995

London

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$249,995

$259,995For salePrice drop↓ $10,000 (4%)

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11 RATHMINE Street, London - Single Family for Sale

11 RATHMINE Street, London, Ontario, N5Z1Z2

4 beds1 bath1 parking1,427 ft²2,526 sq ft lot sizeListed 28 days ago

Overview

This 4-bedroom, 1-bathroom home in London is for sale offering roughly 1,427 sq ft of space. It has been on the market 28 days, fresher than the London average of 63 days.

Houses for Sale in London →All real estate in London →

Description

Value! On a quiet, private enclave with a friendly upscale manicured vibe, sits this 4 bedroom bungalow with over 1250 finished sq/ft total with its own PRIVATE driveway (additional street parking and dedicated parking on Little Simcoe St) a finished basement, as well as a fenced in backyard with large shed. Options abound to convert and make a rear nanny suite apartment (with separate entrance), and still have 3+ spacious bedrooms in the main house. While the house is currently vacant, it can be rented for $2200/month + utilities if an investor is interested in a solid single family rental property. Electrical new servicing upgrade to property is 200 AMPs done in 2025; wiring throughout property is copper wiring and new panel is 125 AMP breaker. Rathmine Street offers a well curated pocket with owners that genuinely have pride of ownership in their homes and act as a community of solid ‘neighbourly’ neighbours, one of the best streets in the entire area! This one won’t last, priced to sell fast. They rarely come up for sale on this quiet enclave, don’t wait!Priced well to make for an ideal starter home, investment opportunity, or as a quaint option for retirees and down-sizers. (id:66096)

Property Details

MLS®: 40870249
Property Type: Single Family
Zoning: R2-2
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 1,427 ft²
Lot Size: 2,526 sq ft
Frontage: 28 ft
Year Built: 1908
Storeys: 1
Style: Bungalow
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: None
Ownership: Freehold
Property Tax

Rooms

Basement

Utility room: 25'1'' x 8'9''
Family room: 21'4'' x 9'7''

Main level

Kitchen: 11'5'' x 7'2''
Dining room: 13'9'' x 7'7''
Kitchen: 15'8'' x 10'5''
4pc Bathroom: 7'6'' x 5'8''
Living room: 14'11'' x 10'6''
Bedroom: 10'11'' x 9'7''
Bedroom: 9'7'' x 8'11''
Bedroom: 9'9'' x 8'11''

Features

Appliances: Refrigerator, Water meter, Range - Gas
Foundation: Block
Exterior: Aluminum siding, Brick Veneer
Lot Features: Cul-de-sac

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Natural Gas, Electricity, Cable, Telephone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

London listings, avg age

63d

Price / ft²

$175

List price

$250K

Haho

This 4-bed single family in London has been listed for 28 days, which is 35 days fresher than the city average of 63. Act while there is still low competition.

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Listed by Exp Realty · Nathan Blanco

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5Z)

This home lists at $249,995, about 3.9× the local median household income of $64,500.

Carrying it typically needs a household income of about $48,833 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $64,500
Population: 24,067
Median age: 40
Owner / renter: 62% / 38%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N5Z)

$249,995· $175/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,499.75

Min 5%50%

Mortgage payment$1,317/mo

↳ CMHC premium ($9,500 capitalized)

Property tax (est.)$130/mo

Total monthly$1,447

Cash Needed to Close

Down payment (5%)$12,500

Land transfer tax$2,225

Est. closing costs$3,250

Total cash needed$17,975

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