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North I, London North
$584,900
Updated duplex-zoned home in Sherwood Forest, close to Sherwood Forest Mall and the Canada Games Aquatic Centre, with a direct bus route to Western University. 955 Lawson Rd offers approximately 1,000 sq ft on the main level plus a fully finished lower level, approximately 900 sq ft, giving investors and families a rare house hacking opportunity in the London Ontario real estate market. A double-wide driveway and large front porch welcome you home. The main floor features 3 bedrooms, a full bathroom, and a brand new kitchen with stainless steel appliances. The lower level offers 2 bedrooms, a full bathroom, a second brand new kitchen with stainless steel appliances, and its own separate entrance for privacy between units. New egress windows set in oversized window wells bring natural light into the basement bedrooms and meet current code for legal bedroom use. A shared laundry area near the side entrance serves both levels. Recent updates include new flooring on the main and lower floors, fresh paint, and a new concrete driveway. Zoned for duplex use with two complete living spaces, 955 Lawson Rd is well suited for buyers looking for flexibility and long-term value. The backyard has western exposure for evening sun, and Wonderland Road shopping, Costco, and neighbourhood trails are all close by. This home adds further appeal for owner-occupants and investors alike.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $3,571 |
| Lot Size | 29.53 ft x 100.07 ft |
| mls© Number | X13518254 |
| Listed By | SUTTON GROUP CHAPMAN REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,994
- Property tax
- $298
- Heat allowance
- $150
- Housing costs
- $3,441 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$106,000
gross annual household income
- Payment at 4%
- $2,461 / mo
- Cash down
- $116,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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