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For saleMLS® X14155868

18 McMahen Street, London East, ON N5Y 3A2

East G, London East · Near Wolseley Ave · View map

$499,900
3+2Beds
2Baths
1100–1500Sq ft
1 1/2 storeyType
4 totalParking
Finished, Separate EntranceBasement
$3,973/yrTaxes
Call / Text Will

Other homes for sale in East G

Live from the Connect network
$499,900
Separate entranceRoom for an in-law or income suite
FreeholdNo monthly condo fee
Parking for 4Comes with the home
Fenced yardYour own outdoor space
Lot 35.3 x 138 ftThe land comes with the home
Central airCool all summer

About this home

Excellent opportunity for investors or owner occupiers at 18 McMahen Street.This property features two self contained living spaces, each with its own private entrance and laundry. The upper unit offers 3 bedrooms, 1 bathroom, a spacious living area, and a kitchen with granite countertops. The lower level features 2 bedrooms, 1 bathroom, and a completely renovated kitchen completed in 2026 with quartz countertops. With a total of 5 bedrooms and 2 bathrooms, the property offers plenty of flexibility and income potential. The property is currently vacant, allowing a new owner to set their own rents or occupy one of the units. Most recently, the upper unit was rented for $2,275/month and the lower unit for $1,550/month, providing a combined rental income of $3,825/month. Outside, you'll find parking for up to 4 vehicles, a fully fenced backyard, deck, and large storage shed. Located directly across from McMahen Park, this is a great opportunity to add a versatile property to your portfolio or live in one unit while generating income from the other. Roof replaced in 2020.

The home

Type
1 1/2 storey
Style
1 1/2 Storey
Square footage
1100-1500 sq ft
Bedrooms
3
Basement bedrooms
2
Bathrooms
2
Kitchens
2
Rooms
8
Basement
Finished, Separate Entrance
Lot size
35.3 x 138 ft
Faces
North

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Brick, Vinyl Siding

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
No

Garage & parking

Driveway spaces
4
Total parking
4
Parking features
Private Double

Taxes & other

Property taxes
$3,973/yr
Tax year
2026
Occupancy
Vacant
Possession
Flexible
Cross street
Wolseley Ave
Neighbourhood
East G

More

Price per sq ft
~$385 (at 1,300 sq ft)
MLS® number
X14155868

The home and its surroundings

  • In-Law Capability
  • In-Law Suite
  • Water Heater Owned
  • Fenced Yard
  • School
  • Public Transit
  • Porch
Want to know something that isn’t listed?
Estimated monthly cost$2,348per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    18 McMahen Street, London East, ON N5Y 3A2

    East G, London East · Near Wolseley Ave

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    Sold history

    Listing history for 18 McMahen Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 18 McMahen Street

    Answers come straight from this home’s MLS® listing.

    How much is 18 McMahen Street listed for, and what would it cost each month?

    18 McMahen Street is listed for $499,900. With 20% down ($99,980), the mortgage payment would be roughly $2,016 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,348 a month, all in. That figure is an illustration, not a quote.

    Is 18 McMahen Street freehold or a condo, and is there a monthly fee?

    18 McMahen Street is a 1 1/2 storey in East G, London East. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 18 McMahen Street have?

    18 McMahen Street has 3 bedrooms, plus 2 more bedrooms in the basement, and 2 bathrooms.

    Does 18 McMahen Street have a garage and parking?

    The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.

    Does 18 McMahen Street have a finished basement?

    The listing describes the basement as finished, separate entrance. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.

    What style of home is 18 McMahen Street?

    18 McMahen Street is a 1 1/2 storey. A 1½-storey home has a full main floor and a partial second floor under the roofline, often with dormer windows.

    How big is 18 McMahen Street, and what is the lot size?

    The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 35.3 x 138 ft.

    How is 18 McMahen Street heated and cooled?

    Heating is forced air (gas). Cooling is central air.

    What are the property taxes for 18 McMahen Street?

    Property taxes are $3,973 a year (2026), or about $331 a month.

    Where is 18 McMahen Street?

    18 McMahen Street is in the East G community of London East. The nearest main intersection is Wolseley Ave. The postal code is N5Y 3A2.

    Is 18 McMahen Street still for sale?

    Yes. It is an active listing (MLS® X14155868). Listings here update from the board through the day and come down once a home sells.

    What are similar bungalows near 18 McMahen Street asking?

    Similar bungalow-style homes for sale nearby right now include 18 McMahen Street at $499,900 (3+2 bed), 829 Elias Street at $499,900 (3 bed) and 924 Princess Avenue at $499,999 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 18 McMahen Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 18 McMahen Street?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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    Home value

    Value & price trends for 18 McMahen Street

    Our Connect Estimate, plus how this price compares and how values have moved in London East.

    Area price check

    Similar homes sold in London East · last 12 months
    $440KMedian sold price
    135Homes sold
    24 daysTypical time to sell
    97%Of asking, on average
    Price per sq ft
    This home (asking)$385
    London East median (sold)$385

    This home is asking right in line with the area median per sq ft. Size, lot, condition and upgrades all move the number, so use it as a guide.

    Value over time

    Median sold price of similar homes in London East, by year
    +120%since 2012  ·  $200K → $440K
    $169K$298K$428K$558K201220142016201820202022202420262012 · 12 sales$199,7502013 · 142 sales$187,5002014 · 155 sales$190,0002015 · 186 sales$204,9002016 · 221 sales$195,9002017 · 270 sales$226,2502018 · 198 sales$265,0002019 · 220 sales$310,0002020 · 214 sales$355,5002021 · 248 sales$480,0002022 · 142 sales$526,2502023 · 131 sales$500,0002024 · 158 sales$482,5002025 · 124 sales$490,0002026 so far · 124 sales$440,000

    Tap or hover a point for that year. Area trend, not this specific home.

    Based on MLS® sales data. Estimates and trends are a guide only, not an appraisal. For a more accurate value, consult a licensed REALTOR®.