1519 HOWLAND Avenue
London, Ontario
- 6 bed
- 2 bath
- Single Family
Welcome to 1519 Howland Ave, a prime opportunity to aquire for student occupation of the currently vacant three bedroom upper level with steady income of the seperately leased three bedroom lower level! This property is only a couple minutes walk to Fanshawe College. Also a well suited opportunity for investors and multi-generational families! With both units rented this property was garnering over $3800 a month in rental income; with soild cash flow potential averaging over $3000 a month after expenses. The prime set up of this property features two seperate living spaces: totalling six bedrooms; including a main level space and lower level with seperate walkout entrance; each floor featuring three spacious bedrooms, a functional washroom (a four piece washroom upstairs and three piece full bath on the lower level), a kitchen on each level and a shared open living room. The seperate living areas could also be ideal for a multi-generational family looking to have the set up of two seperate living areas. Not to be outdone; the location also features a large functional yard with old growth trees and a covered patio. The neighbourhood offers a balance of families and students. This location also offers an impressive long double wide driveway that could accomodate for up to ten vehicles. This property also offers very close access to major public transit routes (with the future Oxford St LTR only minutes away) and is situated in close walking/driving/transit distance to major shopping centers including the Oxbury Plaza and Argyle Mall; and has many sports and recreation centers in the direct and surrounding areas. Although it sits in close proximity to major transportation routes, the house is sheltered from high activity and offers a quaint environment on a dead end road. This could be a prime candidate for an additonal garden suite unit with a large open backyard and plenty of existing parking in place to accomodate for an additional unit/units.
Price History
Property
- Lot Size
- 0.18 acres
Schools
Elementary
- Forest City Public School Public School0.6 km
Public · Thames Valley DSB · 345 students
Grade 3 reading: 50% met the provincial standard · Grade 6 math: 19% met the provincial standard
- Robarts Provincial School for the Deaf0.8 km
Provincial · Provincial and Demonstration Schools
- Robarts/Amethyst Demonstration Elementary School0.8 km
Provincial · Provincial and Demonstration Schools
Secondary
- John Paul II Catholic Secondary School0.7 km
Catholic · London District Catholic School Board · 940 students
Grade 10 literacy: 71% met the provincial standard
- Robarts Provincial School for the Deaf0.8 km
Provincial · Provincial and Demonstration Schools
- Robarts/Amethyst Demonstration Secondary School0.8 km
Provincial · Provincial and Demonstration Schools
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N5V
- Population
- 32,961
- Private dwellings
- 13,236
- Median age
- 36.4
- Average household size
- 2.6
- Median household income
- $74,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in London · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of single family properties in London over the last 12 months.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$109,800
Estimated Monthly Payment
$2,697
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,697/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $137/mo
Estimates only. Consult a financial advisor.
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