For saleMLS® X14155868
18 McMahen Street
London, N5Y 3A2
$499,900
- Bedrooms
- 3 + 2
- Bathrooms
- 2
- Interior
- 1,100-1,500 ft²
- Lot
- 35.25 × 138 ft
- Type
- Detached
About this home
Excellent opportunity for investors or owner occupiers at 18 McMahen Street.This property features two self contained living spaces, each with its own private entrance and laundry. The upper unit offers 3 bedrooms, 1 bathroom, a spacious living area, and a kitchen with granite countertops. The lower level features 2 bedrooms, 1 bathroom, and a completely renovated kitchen completed in 2026 with quartz countertops.
With a total of 5 bedrooms and 2 bathrooms, the property offers plenty of flexibility and income potential. The property is currently vacant, allowing a new owner to set their own rents or occupy one of the units. Most recently, the upper unit was rented for $2,275/month and the lower unit for $1,550/month, providing a combined rental income of $3,825/month. Outside, you'll find parking for up to 4 vehicles, a fully fenced backyard, deck, and large storage shed.
Located directly across from McMahen Park, this is a great opportunity to add a versatile property to your portfolio or live in one unit while generating income from the other. Roof replaced in 2020.
Property details
- Property type
- Detached
- Ownership
- Freehold
- Style
- 1 1/2 Storey
- Property taxes
- $3,973 (2026)
- Heating
- Forced Air, Gas
- Cooling
- Central Air
- Basement
- Finished, Separate Entrance
- Parking
- 4 spaces
- Sewer
- Sewer
- Lot
- 35.25 × 138 ft lot
- Time on market
- Listed today
Features
Inside
- In-Law Capability
- In-Law Suite
- Water Heater Owned
Outside
- Porch
- Brick
- Vinyl Siding
- Shingles roof
Rooms
Measurements are deemed reliable but not guaranteed.
| Room | Level | Size | Details |
|---|---|---|---|
| Living Room | Main | 14' × 12' 8" | |
| Dining Room | Main | 14' × 12' 8" | |
| Kitchen | Main | 11' × 10' 4" | |
| Bedroom | Second | 8' 6" × 13' 5" | |
| Bedroom | Second | 11' 6" × 10' 6" | |
| Bedroom | Second | 11' 5" × 10' | |
| Bathroom | Second | 10' 3" × 5' 3" | |
| Kitchen | Basement | 6' 8" × 8' 6" | |
| Bathroom | Basement | 3' 8" × 7' 7" | |
| Bedroom | Basement | 10' 3" × 10' 2" | |
| Bedroom | Basement | 9' × 9' | |
| Recreation | Basement | 17' 9" × 10' 4" | |
| Room | |||
| Utility Room | Basement | 9' 4" × 7' |
Location
Thinking about the area? Read my guide to London.
Estimate your payment
20% down. The minimum on this price is $24,995.
Your monthly payment
$2,213
- Mortgage amount
- $399,920
- Interest over the amortization
- $264,115
An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers. I am also a licensed mortgage agent, so I can help with the mortgage too.
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