New this weekDetached

18 McMahen Street

London, N5Y 3A2

$499,900
Bedrooms
3+2
Bathrooms
2
Interior
1,100-1,500 ft²
Lot
35.25 × 138 ft
Type
Detached
On the market
7 days

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.

Features

  • In-Law Capability
  • In-Law Suite
  • Water Heater Owned
  • Porch

Property details

MLS® number
X14155868
Property type
Detached
Style
1 1/2 Storey
Bedrooms
3+2
Bathrooms
2
Kitchens
2
Interior size
1,100-1,500 ft²
Lot
35.25 × 138 ft
Basement
Finished, Separate Entrance
Heating
Forced Air, Gas
Cooling
Central Air
Sewer
Sewer
Parking
4 spaces
Exterior
Brick, Vinyl Siding
Roof
Shingles
Foundation
Poured Concrete
Property taxes
$3,973 (2026)
Possession
Flexible
Cross street
Wolseley Ave
Community
East G
Municipality
London

Rooms

  • Living Room

    14' × 12' 8"

    Main

  • Dining Room

    14' × 12' 8"

    Main

  • Kitchen

    11' × 10' 4"

    Main

  • Bedroom

    8' 6" × 13' 5"

    Second

  • Bedroom

    11' 6" × 10' 6"

    Second

  • Bedroom

    11' 5" × 10'

    Second

  • Bathroom

    10' 3" × 5' 3"

    Second

  • Kitchen

    6' 8" × 8' 6"

    Basement

  • Bathroom

    3' 8" × 7' 7"

    Basement

  • Bedroom

    10' 3" × 10' 2"

    Basement

  • Bedroom

    9' × 9'

    Basement

  • Recreation

    17' 9" × 10' 4"

    Basement

  • Room

  • Utility Room

    9' 4" × 7'

    Basement

Room sizes come from the listing brokerage, converted from metres where needed. They are deemed reliable but not guaranteed.

Location

London, near Wolseley Ave

18 McMahen Street, London

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$2,213a month

$99,980 down, 4.5%, 25 years

Down payment

%
Open the full calculator

An estimate, not a quote. Under 20% down, the default insurance premium is added to the loan.

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