$499,000
$499,000
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5 Beds
2 Baths
1,005 SqFt
SOLD DATE : 07/08/2026
Key Details
Sold Price $499,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,005 sqft
Price per Sqft $496
MLS Listing ID 40809874
Sold Date 07/08/26
Style Bungalow
Bedrooms 5
Full Baths 2
Abv Grd Liv Area 1,005
Year Built 1947
Annual Tax Amount $3,352
Property Sub-Type Detached
Source Cornerstone
Property Description
Rare Opportunity at 38 Oliver St W, London Move-in ready and packed with upside, this versatile property is ideal for first-time buyers and savvy investors alike. Featuring a finished basement with separate entrance and kitchen, the lower level is currently rented at $1,400/month plus utilities, offering immediate income support. Even better, the City permits up to two additional detached ADUs -a rare value-add opportunity with exceptional long-term potential. Short walk to Trafalgar school, minutes from London Public Library, Victoria Hospital (LHSC). Close to parks, shopping, public transit, and everyday essentials, this location delivers both lifestyle convenience and strong rental demand. Live in one unit, rent the other, or expand into a multi-unit investment. High-demand area, built-in income, and future development potential-opportunities like this don't last--don't miss out.
Location
Province ON
County Middlesex
Area East
Zoning R2-2
Direction Egerton St to Terrence St and take right to Oliver St
Rooms
Basement Separate Entrance, Walk-Up Access, Full, Finished
Main Level Bedrooms 3
Kitchen 2
Interior
Interior Features In-Law Floorplan
Heating Radiant
Cooling Window Unit(s)
Fireplace No
Window Features Window Coverings
Appliance Dishwasher, Dryer, Range Hood, Refrigerator, Stove, Washer
Laundry Laundry Room, Lower Level, Shared
Exterior
Parking Features Attached Garage
Garage Spaces 1.0
Roof Type Asphalt Shing
Lot Frontage 47.49
Lot Depth 329.9
Garage Yes
Building
Lot Description Urban, Arts Centre, Hospital
Faces Egerton St to Terrence St and take right to Oliver St
Foundation Poured Concrete
Sewer Sewer (Municipal)
Water Municipal-Metered
Architectural Style Bungalow
Level or Stories 1
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 083340037
Ownership Freehold/None
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