Listed for:Listed 7 days ago
$375,000

13 Springbank Drive

London (South E), ON N6J 1E1

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 13 Springbank Drive, London, South E

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 13 Springbank Drive, London, South E

Summarized Description

  • First time offered in over 70 years.
  • Located near the Coves.
  • One level duplex with two rental units.
  • Large garage measuring 24' x 12'.
  • New roof shingles installed in 2025.
  • Long term tenants in both apartments.
  • Significant upside potential for market rents.

Estate sale. First time offered in over 70 years. Located near the Coves. This front to back duplex features a large 24'x 15' concrete block garage. Located on a 50 'x 175' lot. Spacious 4 bedroom apartment in front with long term paying tenant. Rear apartment is a 2 bedroom unit with a long term paying tenant. January 1st 2027 effective rents are: Front: $1187.13, all inclusive, Rear: $674.51 plus gas New roof shingles replaced in 2024. 2 separate furnaces. Lots of upside potential for future market rents and to improve this property to todays standards. To be sold as-is.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,493
Land Transfer Tax Fee
$4,100

Rental Items

Rental Equipment
none

Basement Type
Full, Unfinished, Separate Entrance

Interior Features

Interior Extras
Accessory Apartment, Water Heater Owned
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
Bungalow

Construction

Exterior Finish
Stucco (Plaster)
Roof
Asphalt Shingle
Foundation Details
Brick, Concrete Block
Special Designation
Unknown

Lot

Lot Front
50.00 ft
Lot Depth
176.00 ft

Inclusions

Inclusions
rear apartment fridge and stove only

Exclusions

Exclusions
tenants belongings

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
4
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
6
Washrooms
2
Kitchens
2

Room sizes

  • Dining Room—
    Main level
  • Bedroom 2—
    Main level
  • Bedroom 4—
    Main level
  • Bedroom 3—
    Main level
  • Living Room—
    Main level
  • Bedroom 2—
    Main level
  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Bedroom—
    Main level
  • Kitchen—
    Main level
  • Bedroom—
    Main level

Washrooms

  • 4-piece, Main
  • 4-piece, Main

Municipality
London
Neighbourhood
South E
Main cross streets
Wharncliffe
Zoning
R2-2
Directions
west off Wharncliffe rd.

MLS® number
X14014374
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-13
Updated on
2026-10-18
Days on market
7 days
Possession date
2026-12-11
Possession type
60-89 days
Co-op commission
2
Seller
Listed by
CENTURY 21 FIRST CANADIAN CORP

Home Market Value

Current home valuation for 13 Springbank Drive, London, South E, London, ON. Listed for $375,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 13 Springbank Drive, London, South E

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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London, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$18,750

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$14,250$10,463$8,925$0
=Total mortgage
$370,500$347,963$327,675$300,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$1,809monthly$1,699monthly$1,600monthly$1,465monthly
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Land Transfer Tax

Provincial

$4,100

Total Land Transfer Tax

$4,100

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