18 McMahen Street, London East, ON N5Y 3A2
East G, London East · Near Wolseley Ave · View map
About this home
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.
The home
- Type
- Detached home
- Style
- 1 1/2 Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 8
- Basement
- Finished, Separate Entrance
- Lot size
- 35.3 x 138 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick, Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
- Parking features
- Private Double
Taxes & other
- Property taxes
- $3,973/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- Wolseley Ave
- Neighbourhood
- East G
More
- Price per sq ft
- ~$385 (at 1,300 sq ft)
- MLS® number
- X14155868
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The home and its surroundings
- In-Law Capability
- In-Law Suite
- Water Heater Owned
- Fenced Yard
- School
- Public Transit
- Porch
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
18 McMahen Street, London East, ON N5Y 3A2
East G, London East · Near Wolseley Ave
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Listing history for 18 McMahen Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 18 McMahen Street
Answers come straight from this home’s MLS® listing.
How much is 18 McMahen Street listed for, and what would it cost each month?
18 McMahen Street is listed for $499,900. With 20% down ($99,980), the mortgage payment would be roughly $2,016 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,348 a month, all in. That figure is an illustration, not a quote.
Is 18 McMahen Street freehold or a condo, and is there a monthly fee?
18 McMahen Street is a detached home in East G, London East. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 18 McMahen Street have?
18 McMahen Street has 3 bedrooms, plus 2 more bedrooms in the basement, and 2 bathrooms. The listing gives the style as 1 1/2 storey.
Does 18 McMahen Street have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 18 McMahen Street have a finished basement?
The listing describes the basement as finished, separate entrance. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 18 McMahen Street?
18 McMahen Street is a detached home. A detached home stands on its own lot with no shared walls.
How big is 18 McMahen Street, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 35.3 x 138 ft.
How is 18 McMahen Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 18 McMahen Street?
Property taxes are $3,973 a year (2026), or about $331 a month.
Where is 18 McMahen Street?
18 McMahen Street is in the East G community of London East. The nearest main intersection is Wolseley Ave. The postal code is N5Y 3A2.
Is 18 McMahen Street still for sale?
Yes. It is an active listing (MLS® X14155868). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 18 McMahen Street asking?
Similar properties for sale nearby right now include 18 McMahen Street at $499,900 (3+2 bed), 204 MCMAHEN Street at $639,990 (3 bed) and 829 Elias Street at $499,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 18 McMahen Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 18 McMahen Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
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Detached home$499,900829 Elias Street, London East3 bed · 2 bath · East GCourtesy of: EXP REALTYView home →Courtesy of: THRIVE REALTY GROUP INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.