Welcome to 1622 Leonard Street, one heck of an opportunity for savvy buyers, investors, and first time owners alike. Those looking for a bright, clean, and incredibly versatile 2-bedroom bungalow, look no further! This one packs a massive punch! The main floor welcomes you with a sun-drenched living space, two comfortable bedrooms, a full bathroom, and a spacious, large kitchen perfect for your culinary adventures, while the ultimate game-changer awaits downstairs via a separate side entrance leading directly to a fully finished lower level that features a second kitchen, another full 3pc. bathroom, and two flexible rooms that could easily be converted into legal bedrooms to create the perfect in-law suite or mortgage helper. Equipped with low-maintenance vinyl windows and a detached single-car garage, the interior layout flows seamlessly into your own private outdoor oasis boasting a massive, tree-lined 185-foot-deep lot that backs right onto a peaceful greenspace with no rear neighbours, offering an unmatched combination of privacy, space, and rare lower-level potential that simply will not last long!
2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $428 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 1622 Leonard St
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Separate Entrance, Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Separate Entrance · Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
1622 Leonard St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14092302$299,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1622 Leonard St 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
$1,473
/mo
based on the purchase price of $299,900
$59,980 cash
$239,920 financed
$202,076 total interest
Principal54%$239,920
Interest46%$202,076
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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 1–4 bed homes for sale in London around $300K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,476Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 1,772 sales from Jul 24 – Oct 22, 2026 (1,468 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1622 Leonard St
How much is 1622 Leonard St listed for?
1622 Leonard St is listed at $299,900 (MLS® X14092302). Summitly updates the price as soon as the MLS® record changes.
Is $299,900 a good price for 1622 Leonard St?
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 1622 Leonard St changed?
No — 1622 Leonard St is still listed at its original asking price of $299,900.
How many bedrooms and bathrooms does 1622 Leonard St have?
1622 Leonard St 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 1622 Leonard St?
About $1,473 a month — principal and interest on $299,900 with 20% down ($59,980), 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 1622 Leonard St compare with other homes in London?
Its asking price of $299,900 is about 46% below the median sold price in London over the last 90 days, $560,000, across 1,772 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 1622 Leonard St been sold before?
Summitly has no earlier MLS® sale or lease of 1622 Leonard St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1622 Leonard St?
1622 Leonard St is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1622 Leonard St been on the market?
3 days — 1622 Leonard St was listed on October 19, 2026.
What is the price per square foot of 1622 Leonard St?
About $273 to $428 per square foot: the asking price of $299,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 1622 Leonard St have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
Does 1622 Leonard St have a basement, and is it finished?
The listing describes the basement as: Separate Entrance, Finished.
