Classic Bungalow Near Beal Secondary School

Property details for 220 Cairn Street, London

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 2
Living Area: 1,483 square feet
Stories: 1
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick Veneer
Ownership: Freehold
Annual Taxes: $2,677

In South J it's a quiet residential pocket with everything you need within 5 minutes. You get a solid 1964 brick bungalow on a 32 by 120 foot lot, and the driveway fits three cars. Inside there's 3 bedrooms all on the main floor plus an open living room and kitchen. The main bath is a full 4-piece, and the lower level has a family room nearly 11 by 23, a big den, and a 2-piece bath. Basement is partially finished but honestly it's ready for whatever. Houses here go fast about 20 days on market lately, and the nearby median price sits around 432k so this asking of 465k is fair for the condition. Banting House National Historic Site is a 10-minute drive, and you're close to schools like Beal Secondary if that matters. South of the city, it's a quick commute to the 401 or downtown via Wharncliffe. The yard is deep with a sump pump in the basement, and central air handles those muggy July days. Nothing fancy but everything works, and it's vacant for immediate possession.

About 220 Cairn Street, London — Property Score

Strong Investment Well Priced Hot Market

Score: 72/100

Value

Priced 19.1% below area median of $575,000 based on 19 comparable properties nearby 99

$314/sqft - 16.9% below the $378/sqft area median 95

Stable pricing - no price changes since original listing date 50

Size

1,483 sqft - 1% less space than similarly priced homes (1,505 sqft median) 59

3 bedrooms - typical for similarly priced homes 60

2 bathrooms - typical for similarly priced properties 60

Location

$54K median household income - below the Canadian average of $70K 57

81% of residents hold postsecondary credentials - a highly educated neighbourhood 88

60% homeownership rate - a balanced mix of owners and renters 72

69% of residents commute under 30 minutes - excellent commuter accessibility 86

2,386/km² population density - a well-balanced suburban area 94

Market

Just listed - area average is 45 days on market 100

+26.3% median price change over 1 month - rising prices in the area 100

47 months of housing supply - 47 active listings with 1 sold last month (buyer's market) 40

Features

3-car parking - area average is 4.3 spots 80

Partially finished, Full basement - potential for additional finished space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

Built in 1964 (62 years old) - established home with character, older than the area average (1984) 35

No premium extras like pool, waterfront, or view 50

Investment

0.58% effective tax rate ($2,677/yr) - very low tax burden 83

+31.1% area price change year-over-year - strong appreciation in London 100

40% renter population - moderate rental market 78

Quality

Condition

Listing

49 photos provided - 48% more than the area average of 33 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.