342 Thompson Road
London (South I), ON N5Z 2Z5
- 2Bedrooms
- 1Bathroom
- 1Garage
- 700–1100Sq Ft
- $2,682Tax
- 75×118 ftLot Size
Estimated Value:$329,890See Free Estimate Report
Sale & Price History for 342 Thompson Road, London, South I
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 342 Thompson Road, London, South I
Summarized Description
- Large 75' x 115' lot in Glen Cairn.
- R2-2 zoning allows for various development options.
- Existing home requires extensive renovation.
- Property offers potential for builders and investors.
- Established neighborhood with convenient amenities.
- Buyer must conduct due diligence on zoning.
- Property sold in 'as-is, where-is' condition.
RARE GLEN CAIRN OPPORTUNITY! Set on an impressive 75' x 115' lot in the heart of Glen Cairn, this property offers an exciting opportunity for builders, investors, renovators, or buyers looking to create something truly their own. The existing home is not currently in shape for comfortable habitation and requires extensive renovation and repair, making this a property where the value lies in the possibilities.With R2-2 zoning, buyers are encouraged to explore the range of potential uses and development options available under the current zoning and applicable municipal requirements. Whether envisioning an extensive renovation, a complete rebuild, or a new-build project designed to take advantage of this ample lot, the possibilities are worth exploring. Enjoy the established Glen Cairn neighbourhood, with convenient access to schools, parks, shopping, transit, and many of London's amenities. Large lots like this are increasingly difficult to find! Bring your vision, creativity, and plans and unlock the potential of this exceptional piece of Glen Cairn real estate. Property and zoning to be purchased and sold in "as-is, where-is" condition. Buyer to conduct their own due diligence regarding zoning, permitted uses, development potential, building requirements and municipal approvals.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,682
- Land Transfer Tax Fee
- $2,974
Rental Items
- Rental Equipment
- Hot Water Tank -
- Under Contract
- Hot Water Tank-Gas
- Basement Type
- Full, Development Potential
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Other
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- Bungalow
- Approx Age
- 51-99
Construction
- Exterior Finish
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Unknown
- Special Designation
- Unknown
Lot
- Lot Front
- 75.09 ft
- Lot Depth
- 118.00 ft
Inclusions
- Inclusions
- NONE
Exclusions
- Exclusions
- NONE
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
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 2
- Washrooms
- 1
- Kitchens
- 1
Washrooms
- 4-piece, Main
- Municipality
- London
- Neighbourhood
- South I
- Main cross streets
- Thompson & Gladstone
- Zoning
- R2-2
- Directions
- Thompson & Gladstone
- MLS® number
- X14110850
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-23
- Updated on
- 2026-10-25
- Days on market
- 3 days
- Possession type
- Immediate
- Co-op commission
- 2.0
- Seller
- Listed by
- THRIVE REALTY GROUP INC.
Home Market Value
Current home valuation for 342 Thompson Road, London, South I, London, ON. Listed for $299,900
HOMEH Estimate
$329,890
Estimated Sales Range
$260,613 - $399,167
HOMEH Estimate for 342 Thompson Road, London, South I
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% of purchase price for homes $500K or less
$14,995
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $11,396 | $8,367 | $7,138 | $0 |
=Total mortgage | $296,301 | $278,277 | $262,053 | $239,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,447monthly | $1,359monthly | $1,279monthly | $1,171monthly |
Land Transfer Tax
$2,974
$2,974
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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