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28 Oxford Street

28 Oxford Street

London North, ON

1,650 sqft • Investment • 174 days on market

$699,900Price reduced 7%

This prime investment property is ideally situated near the intersection of Oxford Street and Wharncliffe Road, a highly desirable location offering direct and convenient bus access to both Western University and Fanshawe College. This makes it an exceptional opportunity for investors looking to tap into the consistently strong demand for student rental housing. The home is divided into three fully self-contained units, providing excellent flexibility and rental potential. The first unit spans two levels, featuring a spacious main-floor living/dining area, along with a convenient powder room. Upstairs, it offers two well-sized bedrooms, a full bathroom, and in-suite laundry for added comfort and independence. The second unit is a compact and efficient bachelor suite, complete with its own full bathroom and private in-suite laundry, making it a great option for a single tenant. The third unit includes a separate bedroom, a full kitchen, a full bathroom, and stacked laundry, offering a well-rounded living space ideal for a student or young professional. The property sits on a generously sized lot, providing ample outdoor space and plenty of parking for tenants. Whether you're an investor seeking strong rental income or a parent looking to secure comfortable housing for your child while offsetting costs, this rare opportunity offers outstanding versatility, and long-term potential.

Listing Details

Taxes (2025)
$4,915
Originally Listed
$749,900
Listed
March 2, 2026

Price History

Listing history

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Property

Age
100+
Lot Size
76.6 x 83.85 Feet

Location & Legal

Cross Street
Oxford Street West/Wharncliffe Road North
Zoning
R3-1 OC
Parcel Number
082540022
Possession
Immediate

Commercial

Business Type
Apts - 2 To 5 Units
Occupancy
Tenant

Included

Inclusions
3 Stove, 3 Fridge, 3 Microwave, 3 Dishwasher, 2 Stacked Washer/Dryer Sets, Washer and Dryer
Rental Items
Hot Water Heater

Community

Postal area N6H

Population
44,215
Private dwellings
20,694
Median age
38.8
Average household size
2.3
Median household income
$71,000

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

Commercial in London North · last 12 months

Median sold price
$653,700
Homes sold
1,365
Median days on market
27
Sale-to-list price
97.4%

Based on 1,365 recorded sales of commercial properties in London North over the last 12 months.

Listed by

CENTURY 21 FIRST CANADIAN CORP

Location

Commercial figures

Building area
1,650 sq ft
Price per sq ft
$424.18
Annual property tax
$4,915
Tax per sq ft
$2.98

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

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