Renovated 4-Bed on a Wide Lot Near Western Fair

Property details for 16 Redan Street, London East

Type: Residential
Bedrooms: 4
Bathrooms: 2
Lot Size: 36.8 x 143.8 FT
Stories: 1.5
Basement: Unfinished, Partial
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Brick, Vinyl siding
Ownership: Freehold
Annual Taxes: $2,345

This one's got a main-floor primary bedroom, which is rare for a 1.5-storey. You're getting 1,625 sq ft above grade, with the other three beds up top. Renovated top to bottom: new floors, fresh coat of paint, metal exterior doors, updated kitchen and bath vanities. The basement's partial and unfinished, but it's dry and ready for storage or future projects. Outside, there's parking for four cars and a deep 36.8 x 143.8 ft lot. Big yard, quiet street, but you're just 0.8 km from Western Fair and under 2 km to both H.B. Beal and Catholic Central high schools. Downtown's a quick drive, and you've got the police station and Banting House nearby. Priced at $409,900, which undercuts the $459,000 nearby median, so it's a solid entry point. Taxes are only $2,129 a year. The place is freehold with central air and forced air gas heating. All appliances included. Just note, the photos show some rooms are tight, and the second floor has sloped ceilings in spots, but everything's clean and move-in ready. If you want a renovated house with a main-floor bedroom without paying a premium, this is worth a look.

About 16 Redan Street, London East — Property Score

Strong Investment Feature Rich Well Priced

Score: 69/100

Value

Priced 21.2% below area median of $519,900 based on 207 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

4 bedrooms - 1 more than similarly priced 3-bedroom homes nearby 72

2 bathrooms - typical for similarly priced properties 60

5,292 sqft lot - a standard lot for the area 65

Location

$37K median household income - below the Canadian average of $70K 49

69% of residents hold postsecondary credentials - a highly educated neighbourhood 78

57% homeownership rate - a balanced mix of owners and renters 70

65% of residents commute under 30 minutes - excellent commuter accessibility 82

3,890/km² population density - a well-balanced suburban area 91

Market

Just listed - area average is 61 days on market 100

-4.2% median price change over 1 month - declining prices in the area 29

30.3 months of housing supply - 303 active listings with 10 sold last month (buyer's market) 40

Features

4-car garage - consistent with the area average 95

Unfinished, Partial basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

No premium extras like pool, waterfront, or view 50

Investment

0.52% effective tax rate ($2,129/yr) - very low tax burden 84

41% renter population - moderate rental market 79

Quality

Condition

Listing

43 photos provided - 26% more than the area average of 34 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.