Opportunities like this don't come often! Perfect extended -family orgranny suite. $$$ For additional income potential or extra living spacein fully finished Basement with separate entrance and separate cookingarea- this is a prime opportunity for investors or savvy buyers seekingbuilt-in rental income from day one. Beautifully maintained BrickBungalow , lovingly cared for the owners. Conveniently located witheasy highway access, this home offers a quick commute to the collegeand is close to a wide range of amenities. The main level features anopen-concept living room, Dining hall & renovated kitchen. 3 generousbedrooms and 1 full bathroom. The lower level offers 2 bedrooms, Recroom & 1 full bathroom and cooking area and SEPARATE ENTRANCE,providing excellent flexibility for extended family. Enjoy a largefenced backyard with sheds. Long driveway, with 6 parking. SEPARATEENTRANCE quick access to Highway 401.
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $454 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 1183 Patann Dr
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1100-1500 sq ftas stated on the listing
Parking
6 spaces
Basement
Separate Entrance, Full
Features & systems
Parking & garage
Parking spaces
6
Interior
Basement
Separate Entrance · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
1183 Patann Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14118094$499,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1183 Patann Dr Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,451
/mo
based on the purchase price of $499,000
$99,800 cash
$399,200 financed
$336,231 total interest
Principal54%$399,200
Interest46%$336,231
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in London
Other 2–4 bed homes for sale in London around $499K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,499Homes for sale here right now.
Median vs prior 90 days−1.9%Compared with Apr 29 – Jul 28, 2026: prices down.
Based on 1,814 sales from Jul 28 – Oct 26, 2026 (1,476 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1183 Patann Dr
How much is 1183 Patann Dr listed for?
1183 Patann Dr is listed at $499,000 (MLS® X14118094). Summitly updates the price as soon as the MLS® record changes.
Is $499,000 a good price for 1183 Patann Dr?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1183 Patann Dr changed?
No — 1183 Patann Dr is still listed at its original asking price of $499,000.
How many bedrooms and bathrooms does 1183 Patann Dr have?
1183 Patann Dr has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in London.
How much would the monthly mortgage be on 1183 Patann Dr?
About $2,451 a month — principal and interest on $499,000 with 20% down ($99,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1183 Patann Dr compare with other homes in London?
Its asking price of $499,000 is about 11% below the median sold price in London over the last 90 days, $558,950, across 1,814 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1183 Patann Dr been sold before?
Summitly has no earlier MLS® sale or lease of 1183 Patann Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1183 Patann Dr?
1183 Patann Dr is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1183 Patann Dr been on the market?
1183 Patann Dr was listed today (October 26, 2026).
What is the price per square foot of 1183 Patann Dr?
About $333 to $454 per square foot: the asking price of $499,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 1183 Patann Dr have parking or a garage?
Yes — the listing gives 6 parking spaces.
Does 1183 Patann Dr have a basement, and is it finished?
The listing describes the basement as: Separate Entrance, Full.
