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For saleMLS® X13454130

1519 Howland Avenue

London, N5V 1W8

$499,000

Bedrooms
3 + 3
Bathrooms
2
Interior
700-1,100 ft²
Lot
57 × 134 ft
Type
Detached

About this home

Welcome to 1519 Howland Ave, a prime opportunity for invesmtent with the upper three bedroom level newly leased with additonal steady income of the seperately leased three bedroom lower level! This property is only a couple minutes walk to Fanshawe College. A well suited opportunity for investors and a great option for multi-generational families! With both units rented this property is garnering over $3800 a month in rental income; with soild cash flow potential averaging over $3000 a month after expenses. The upper unitThe prime set up of this property features two seperate living spaces: totalling six bedrooms; including a main level space and lower level with seperate walkout entrance; each floor featuring three spacious bedrooms, a functional washroom (a four piece washroom upstairs and three piece full bath on the lower level), a kitchen on each level and a shared open living room.

The seperate living areas could also be ideal for a multi-generational family looking to have the set up of two seperate living areas. Not to be outdone; the location also features a large functional yard with old growth trees and a covered patio. The neighbourhood offers a balance of families and students. This location also offers an impressive long double wide driveway that could accomodate for up to ten vehicles. This property also offers very close access to major public transit routes (with the future Oxford St LTR only minutes away) and is situated in close walking/driving/transit distance to major shopping centers including the Oxbury Plaza and Argyle Mall; and has many sports and recreation centers in the direct and surrounding areas.

Although it sits in close proximity to major transportation routes, the house is sheltered from high activity and offers a quaint environment on a dead end road. This could be a prime candidate for an additonal garden suite unit with a large open backyard and plenty of existing parking in place to accomodate for an additional unit/units.

Property details

Property type
Detached
Ownership
Freehold
Style
Bungalow
Age
51-99 years
Property taxes
$4,157 (2026)
Heating
Forced Air, Gas
Cooling
Central Air
Basement
Apartment, Finished, Full, Walk-Out, Finished with Walk-Out
Parking
10 spaces
Sewer
Sewer
Lot
57 × 134 ft lot
Time on market
138 days on market

Features

Inside

  • Accessory Apartment
  • In-Law Suite
  • Primary Bedroom - Main Floor
  • Floor Drain
  • Carpet Free
  • Water Heater Owned

Outside

  • Canopy
  • Patio
  • Year Round Living
  • Porch
  • Aluminum Siding
  • Brick
  • Asphalt Shingle roof

The lot

  • View: City

Rooms

Measurements are deemed reliable but not guaranteed.

Primary BedroomMain12' 6" × 10' 4"
Bedroom 2Main11' × 11' 9"
Bedroom 3Main11' 4" × 10' 4"
Living RoomMain14' × 27' 9"
KitchenMain10' 4" × 12' 7"
BathroomMain8' × 5'4 Pc Bath
Primary BedroomBasement10' 10" × 9' 8"
Bedroom 4Basement7' 9" × 12' 9"
Bedroom 5Basement11' × 9' 6"
KitchenBasement21' 5" × 13' 7"Combined w/Living
LaundryBasement10' 8" × 9' 6"
BathroomBasement6' 11" × 5' 1"3 Pc Bath

Location

Thinking about the area? Read my guide to London.

Estimate your payment

20% down. The minimum on this price is $24,950.

Your monthly payment

$2,209

Mortgage amount
$399,200
Interest over the amortization
$263,639

An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.

Listing brokerage: EXP REALTY.

Listing courtesy of the London and St. Thomas Association of REALTORS. MLS® X13454130.

Measurements are deemed reliable but not guaranteed.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Allan Congo is a Sales Representative with Century 21 First Canadian Corp., Brokerage. Each office independently owned and operated.

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