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MLS® X14155868
London, ON
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.
Inclusions
Built-in Microwave, Dishwasher, Washer X2, Dryer X2, Refrigerator X2, Stove, Gas Cooktop
Broker
THRIVE REALTY GROUP INC.
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Detached
18 McMahen Street London
London East
Type
Detached
Basement
Finished, Separate Entrance
Parking
None (4)
Property Tax
~$3,973/yr
Heating
Forced Air
Buying Essentials
Square Feet
1300 sqft
Facing Direction
North
Parking
None (4)
Finances
List Price
$499,900
Price per SQFT
$385/sqft
Property Tax
~$3,973/yr
Property Specs
Property Type
Detached
MLS Size
1300 sqft
Basement
Finished, Separate Entrance
Living & Amenities
Heating Type
Forced Air
Features
In-Law Capability · In-Law Suite · Water Heater Owned
Policies & Utilities
Neighbourhood
London East
Listed On
Nov 5, 2026
Fenced Yard
School
Public Transit
Days on Market
Current: 2 days
14.0 x 12.7
177 sqft
14.0 x 12.7
177 sqft
11.0 x 10.3
113 sqft
8.5 x 13.4
114 sqft
11.5 x 10.5
121 sqft
11.4 x 10.0
114 sqft
10.2 x 5.2
54 sqft
6.7 x 8.5
57 sqft
3.6 x 7.6
28 sqft
10.2 x 10.1
104 sqft
9.0 x 9.0
81 sqft
17.7 x 10.3
183 sqft
9.3 x 7.0
65 sqft
Rooms
13
Listed Room Area
1,388 sqft
Source
Estimated from MLS room dimensions
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