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Home with brick exterior material, street for 627 Wallace St, London Ontario N5Y 3R8
1 day on Market

627 Wallace St, London, Ontario N5Y 3R8

Detached
3 + 1
2
~700-1100 sqft
$519,000
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Detached
3 + 1
2
~700-1100 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$606/sqft

Est. Mortgage$2,229/mo

Tax Amount (2024)$2,832/yr

Days On Market1 day


Description

Welcome to 627 Wallace Street in the heart of London's friendly Carling Heights neighbourhood. Situated on a quiet, dead end street, this 3+1 Bedroom, 2 Bathroom, brick bungalow is steps to downtown, Carling Arena, Knollwood Public School, parks and much more. The large, covered front porch is ideal for neighbourly chats and morning coffees. The main floor consists of 3 bedrooms (3rd bedroom currently used as an office), the main bathroom and a cozy living room. Also on this level is a separate dining room with bay window leading to the bright kitchen toward the back yard and lower level. Downstairs offers an opportunity to create a second living area with a bedroom, recreation room, bathroom and small kitchenette. Enjoy the private, fully fenced, large backyard and private single driveway for 3+ cars. This property makes for a great first time home buyer looking to subsidize their mortgage or an investor looking to further develop the property for resale. This adorable home is within walking distance to EVERYTHING


Upcoming Open House

May 4Sun2:00 PM - 4:00 PM

Property Details

StyleBungalow
View-
Age of property51-99
SqFt~700-1100 SqFt
Lot Size8,855 SqFt(238.76 x 37.09)
Parking Spaces3
MLS ®NumberX12120289
Community NameCarling
Data SourceTRREB
Listing byRE/MAX CENTRE CITY REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Part Fin, Development Potential

Main Floor

Bathroom

2.39 x 1.98

4 Pc Bath

Br

3.48 x 2.9

Br

3.48 x 3.61

Dining

3.45 x 3.0


Features

Lot size: 8,855 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

May 2, 2025
ListedActive
$519,000
1 day on market
history photo preview33
Listing by trreb®
Property listed by RE/MAX CENTRE CITY REALTY INC., Brokerage
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Market Data - Carling

Geo Zone Map ThumbnailCarling

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

11 days

Compared to

2024

15 days

2023

13 days

2022

8 days

New Listings

Past 30 days

31 listings

Compared to

2024

29 listings

2023

22 listings

2022

25 listings

Units sold

Past 30 days

10 units

Compared to

2024

19 units

2023

18 units

2022

14 units

Median Sold Price

Past 30 days

$519,850

Compared to

2024

$528,000

2023

$567,250

2022

$621,250


Population and Demographics

Overview

Total population 18701
Average household income $82,796

Age (%)

20 to 34
31%
0 to 19
21%
35 to 49
19%
50 to 64
17%
65 and plus
12%

Household composition (%)

Single family
53%
Single person
36%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
79%
Others
6%
Nepali
3%
Malayalam
3%
Spanish
2%
Arabic
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
58%
Owners
42%

Schools and amenities

Estimated Budget