Unknown for 650 Oxford St, London Ontario N5Y 3J4
5 days on Market

650 Oxford St, London, Ontario N5Y 3J4

Detached
5
3
~2000 sqft
$•••,•••
$650,000
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Detached
5
3
~2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$325/sqft

Est. Mortgage$2,791/mo

Tax Amount (2024)$3,697/yr

Days On Market5 days


Description

Rare Investment + Lifestyle Opportunity! Welcome to 650 Oxford Street East, a prime property in the heart of London, ON, now available for sale at $850,000.This is not just a home; it's a revenue-generating machine. Featuring a spacious 5-bedroom main house and a separate Airbnb unit that produces over $50,000/year in income, this property is ideal for investors, families looking to house-hack, or multi-generational living. With the proper LTC licensing, the Airbnb potential can continue to deliver passive income year after year. The home is nestled in an incredibly convenient neighborhood just minutes from downtown London, Fanshawe College, Western University, and steps away from gyms, grocery stores, Shoppers Drug Mart, medical clinics, dental offices, cafes, parks, and more. Whether you're a student, landlord, investor, or someone looking for a comfortable home with supplemental income, this property checks every box. The 5-bedroom layout is perfect for families or tenants. The additional front unit offers privacy and opportunity to continue running a short-term rental or convert to a long-term suite (with proper approvals). Subleasing is permitted with due diligence and landlord approval. Parking, curb appeal, and functionality all make this home a complete package. Whether you're an investor or a buyer looking to live and earn, this one is easy to show and even easier to love. Don't miss out on this incredible opportunity to own in one of London's most profitable and livable areas.


Property Details

StyleBungalow
View-
Age of property-
SqFt~2000 SqFt
Lot Size-
Parking Spaces4
MLS ®Number40724934
Community NameCarling
Data SourceITSO
Listing byEXECUTIVE HOMES REALTY INC

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air

Main Floor

Bathroom

3-Piece

Bathroom

3-Piece

Bathroom

3-Piece

Bedroom Primary

0.33 x 0.33


Features

Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by EXECUTIVE HOMES REALTY INC, Brokerage
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Market Data - Carling

Geo Zone Map ThumbnailCarling

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

11 days

Compared to

2024

15 days

2023

13 days

2022

8 days

New Listings

Past 30 days

31 listings

Compared to

2024

29 listings

2023

22 listings

2022

25 listings

Units sold

Past 30 days

10 units

Compared to

2024

19 units

2023

18 units

2022

14 units

Median Sold Price

Past 30 days

$519,850

Compared to

2024

$528,000

2023

$567,250

2022

$621,250


Population and Demographics

Overview

Total population 18701
Average household income $82,796

Age (%)

20 to 34
31%
0 to 19
21%
35 to 49
19%
50 to 64
17%
65 and plus
12%

Household composition (%)

Single family
53%
Single person
36%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
79%
Others
6%
Nepali
3%
Malayalam
3%
Spanish
2%
Arabic
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
58%
Owners
42%

Schools and amenities

Estimated Budget