155 River Run Terr is a 2-bedroom, 2-bathroom detached home in London, listed for $549,900. It has 700-1100 sq ft of living space.
1Move in ready, extensively updated and backing directly onto a park!
2This detached raised bungalow offers 3 bedrooms, 2 full bathrooms, a finished lower level and parking for three vehicles.
3The main level features hardwood flooring throughout the principal living areas, an updated kitchen with plenty of cabinetry and counter space, and a refreshed modern bathroom.
Move in ready, extensively updated and backing directly onto a park! This detached raised bungalow offers 3 bedrooms, 2 full bathrooms, a finished lower level and parking for three vehicles. With a new roof installed in 2023 and numerous updates throughout, much of the work has already been done. The main level features hardwood flooring throughout the principal living areas, an updated kitchen with plenty of cabinetry and counter space, and a refreshed modern bathroom. The bright living and dining areas offer a comfortable layout for everyday living and entertaining. Downstairs, the finished lower level features high ceilings, new laminate flooring, a cozy gas fireplace, an additional bedroom, full bathroom and separate rear entrance. The raised ranch design lends itself exceptionally well to an in law suite or potential secondary dwelling, offering an attractive opportunity for extended family living or buyers looking to explore rental income possibilities, subject to municipal approvals. Outside, the fully fenced backyard backs directly onto a park and features a patio added approximately five years ago and a convenient storage shed. The location is another standout! Enjoy walking distance to nearby parks and London's popular East Park Golf Gardens, with convenient access to bus routes connecting to Fanshawe College and downtown London. Additional improvements include new appliances throughout, with the exception of the stove. With its desirable park setting, extensive updates, convenient location and excellent income potential, this home offers tremendous versatility for homeowners and investors alike!
2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $786 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 155 River Run Terr
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
700-1100 sq ftas stated on the listing
Parking
3 spaces
Basement
Full, Finished
Features & systems
Parking & garage
Parking spaces
3
Interior
Basement
Full · Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
155 River Run Terr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14128054$549,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 155 River Run Terr 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 →
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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
$2,701
/mo
based on the purchase price of $549,900
$109,980 cash
$439,920 financed
$370,528 total interest
Principal54%$439,920
Interest46%$370,528
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.
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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 1–3 bed homes for sale in London around $550K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings2,442Homes for sale here right now.
Median vs prior 90 days−1.8%Compared with May 2 – Jul 31, 2026: prices down.
Based on 1,738 sales from Jul 31 – Oct 29, 2026 (1,496 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 155 River Run Terr
How much is 155 River Run Terr listed for?
155 River Run Terr is listed at $549,900 (MLS® X14128054). Summitly updates the price as soon as the MLS® record changes.
Is $549,900 a good price for 155 River Run Terr?
Summitly rates it Well Above Market: the asking price is 15% or more above 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 155 River Run Terr changed?
No — 155 River Run Terr is still listed at its original asking price of $549,900.
How many bedrooms and bathrooms does 155 River Run Terr have?
155 River Run Terr has 2 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in London.
How much would the monthly mortgage be on 155 River Run Terr?
About $2,701 a month — principal and interest on $549,900 with 20% down ($109,980), 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 155 River Run Terr compare with other homes in London?
Its asking price of $549,900 is about the same as the median sold price in London over the last 90 days, $560,000, across 1,738 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 155 River Run Terr been sold before?
Summitly has no earlier MLS® sale or lease of 155 River Run Terr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 155 River Run Terr?
155 River Run Terr is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 155 River Run Terr been on the market?
155 River Run Terr was listed today (October 29, 2026).
What is the price per square foot of 155 River Run Terr?
About $500 to $786 per square foot: the asking price of $549,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 155 River Run Terr have parking or a garage?
Yes — the listing gives 3 parking spaces.
Does 155 River Run Terr have a basement, and is it finished?
The listing describes the basement as: Full, Finished.
