$499,000

Detached

38 Oliver Street, London East, ON

1 DAY

3+2

700-1100

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Listed by HOMELIFE/MIRACLE REALTY LTD

Property Highlights

Garage

1 space

Property Tax

$3,353/yr

Age

51-99 yrs

Lot Size

15,667 sqft

Style

Bungalow

Basement

Full, Separate Entr., Finished

Monthly Cost

$2,387/mo

About This Home

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.

Monthly Cost

Monthly Mortgage$2,107

Property Tax ($3,353/yr)$279

Total$2,386

Price & Listing History

Schools

Location

Tap to view full map

Rooms

mft

Main Level

Kitchen: 3.38m × 2.57m

Dining Room: 2.82m × 2.75m

Primary Bedroom: 3.67m × 3.27m

Bedroom 3: 2.71m × 2.50m

Bedroom 2: 3.67m × 2.59m

Living Room: 4.71m × 3.59m

Basement Level

Bedroom: 3.83m × 3.07m

Kitchen: 3.14m × 2.85m

Utility Room: 2.17m × 1.80m

Dining Room: 3.83m × 3.16m

Bedroom: 4.59m × 2.72m

Family Room: 6.56m × 2.20m