About this property

Rare Opportunity at 38 Oliver St W, London Move-in ready and packed with upside, this versatile property is ideal for first-time buyers and savvy investors alike. Featuring a finished basement with separate entrance and kitchen, the lower level is currently rented at $1,400/month plus utilities, offering immediate income support. Even better, the City permits up to two additional detached ADUs -a rare value-add opportunity with exceptional long-term potential. Short walk to Trafalgar school, minutes from London Public Library, Victoria Hospital (LHSC). Close to parks, shopping, public transit, and everyday essentials, this location delivers both lifestyle convenience and strong rental demand. Live in one unit, rent the other, or expand into a multi-unit investment. High-demand area, built-in income, and future development potential-opportunities like this don't last--don't miss out.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12854878
Status	Sold
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	700 sq ft
Beds / Baths	5 bed · 2 bath
City	London East
Postal Code	N5Z 2E6
Province	ON
Listed Date	March 6, 2026
Brokerage	HOMELIFE/MIRACLE REALTY LTD