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Listed price in listed location currency (CAD).
$575,000

215

MLS® X13746210

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Detached
Taxes $3,772
Days Active 11
Lot Size 
Approx. Age 
MLS® Number X13746210

Property Address: 4 Elmwood Pl, London, ON, N6J1J2

Average square foot calculated using Size range provided by listing agent.

Description

Attention investors, tradespeople, buyers working from home or anyone seeking a mortgage helper. Welcome to 4 Elmwood Place, an updated 2-bedroom bungalow in desirable Manor Park. The $575, 000 asking price is for the property as it currently sits. The accessory dwelling unit has not been built, and its construction cost is additional. A building permit has been issued for a detached 838 sq. ft., 2-bedroom ADU, with plans available. Estimated construction cost is approximately $200, 000, and projected rent once completed is $1, 950 per month. The main house currently rents for $1, 950 per month. The heated and insulated 21'6" x 26' detached garage/shop has a separate hydro meter, electric heat, water, CCTV and security system. With projected rent of $1, 100 per month, it is ideal for a hobbyist, workshop or home-based business. Once the ADU is completed, projected gross rental income is approximately $5, 000 per month or $60, 000 annually. Based on the worksheet assumptions, annual positive cash flow is projected at $11, 262 before vacancy, maintenance and management. First-year principal reduction is projected at $14, 269, for a combined first-year benefit of approximately $25, 531. A full income, expense, cash-flow and mortgage-amortization projection worksheet is available. The renovated home offers two bedrooms, a laundry room, an oversized 5-piece bathroom with a custom double vanity, plus an updated kitchen with modern countertops and four stainless steel appliances. The original fireplace is a decorative focal point but is not in use. Improvements include a new furnace and heat-pump/air-conditioning system installed in 2023, upgraded electrical and plumbing, updated windows and lighting, luxury vinyl plank flooring, ceramic tile in 2017, and a metal roof in 2019. Enjoy a private fenced backyard and wood deck, minutes from downtown London, parks, trails, shopping, restaurants and transit.
MLS® NumberX13746210
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageDetached
Approx. Age
BasementFull, Unfinished
DrivewayGarage Type:Detached
Garage Spaces
HeatElectric, Forced Air
A/CCentral Air

Extras

Rooms

Workshop:20.02 × 25.99 ft

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $575,000

For Sale · 10 days

$575,000

MLS® X13746210

10 days ago

Not Sold Yet

September 2026, Leased for $1,925

Leased · 8 days

$1,925$1,950

MLS® X13746206

2 days ago

Sold on Sep 13, 2026

  • Sep 4, 2026, For Sale for $575,000

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Home Estimate Zoopraisal®

This property is estimated to sell between: $500,000 and $613,000.
Similar properties in this area sold on average for: $500,457
Expected to sell in 10 days. Similar properties sold in 21 days. This home has been on Zoocasa for 11 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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