296 Sarnia Road
London (North K), ON N6G 1N3
- 3Bedrooms
- 2Bathrooms
- 1Garage
- 1500–2000Sq Ft
- $4,991Tax
- 75×150 ftLot Size
Estimated Value:$724,950See Free Estimate Report
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About 296 Sarnia Road, London, North K
Summarized Description
- Spacious bungalow with investment potential near Western University.
- Walk-out lower level with separate entrance for rental options.
- Generous ceiling height suitable for additional bedrooms.
- Oversized garage and double-wide driveway for ample parking.
- Modern mechanicals including new furnace and A/C.
- Vacant possession allows flexibility for tenant prospects.
- Located in a lucrative rental area with long-term growth potential.
Exceptional investment opportunity just steps from Western University. This spacious bungalow features 1,595 sq. ft. on the main level plus a bright walk-out lower level with a separate rear entrance, four large above-grade windows, and generous ceiling height perfect for adding bedrooms or potentially creating an Accessory Residential Unit (ARU). Set on a 75' x 150' lot fronting Sarnia Rd, the property offers tremendous long-term potential. The oversized garage provides excellent storage or additional rental income, while the double-wide driveway easily accommodates 10+ vehicles. Meticulously maintained and updated with modern mechanicals, including a new furnace and A/C (2021) and an owned hot water tank (2022). Offered with vacant possession, giving investors the flexibility to prospect tenants, earn market rent, or explore all the ways you can maximize your return on investment. Whether you're an investor, developer, or a parent with a student attending Western University, this property offers a rare combination of space, location, and future upside, an ideal opportunity to add to your portfolio in one of London's most lucrative rental areas.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,991
- Land Transfer Tax Fee
- $12,473
- Basement Type
- Development Potential, Finished with Walk-Out
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- In-Law Capability, Primary Bedroom - Main Floor, Water Heater Owned
- Fireplace/Stove
- Yes
- Fireplace Features
- Wood
- Elevator
- No
Exterior Features
- Exterior Extras
- Porch Enclosed, Landscaped
- Pool
- None
- Property Features
- Public Transit, School
Building
- Building Type
- Detached
- Building Style
- Bungalow
- Approx Age
- 51-99
Construction
- Exterior Finish
- Aluminum Siding, Brick Veneer
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 75.02 ft
- Lot Depth
- 150.00 ft
- Lot Size
- 0.26
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- Stove, Dishwasher, Fridge, Washer, Dryer.
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 1
- Parking Spaces
- 11
- Total Garage And Parking Spaces
- 12
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3
- Washrooms
- 2
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Bedroom 3—Main level
- Recreation—Basement level
- Living Room—Main level
- Dining Room—Main level
- Kitchen—Main level
- Bathroom—Main level
- Bathroom—Basement level
- Bedroom 2—Main level
- Sunroom—Main level
- Primary Bedroom—Main level
- Utility Room—Basement level
- Foyer—Main level
- Den—Basement level
Washrooms
- 3-piece, Main
- 3-piece, Lower
- Municipality
- London
- Neighbourhood
- North K
- Main cross streets
- WESTERN RD & SARNIA RD
- Zoning
- R1-9
- Directions
- Travelling west on Sarnia Rd, west of Western Rd, subject property on left (south) side of Sarnia Rd
- MLS® number
- X13745394
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-08
- Listed on
- 2026-09-04
- Days on market
- 4 days
- Possession date
- 2027-01-15
- Possession type
- Flexible
- Co-op commission
- 2
- Seller
- Listed by
- CENTURY 21 FIRST CANADIAN CORP
Home Market Value
Current home valuation for 296 Sarnia Road, London, North K, London, ON. Listed for $799,900
HOMEH Estimate
$724,950
Estimated Sales Range
$572,711 - $877,190
HOMEH Estimate for 296 Sarnia Road, London, North K
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
5% on first $500K + 10% on $299,900 over $500K
$54,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $29,788 | $22,317 | $19,038 | $0 |
=Total mortgage | $774,495 | $742,227 | $698,953 | $639,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,781monthly | $3,624monthly | $3,413monthly | $3,124monthly |
Land Transfer Tax
$12,473
$12,473
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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