Fantastic investment opportunity just minutes from downtown! This well-maintained 2-bedroom, 1-bathroom home is a licensed rental with the City of London and is currently tenant-occupied, generating $2,250 per month plus utilities. Previously configured and rented as a 3-bedroom home, the property offers flexibility for future use. With its compact footprint, this home is easy to maintain, keeping both building and yard maintenance to a minimum. The property is in good condition, providing a turnkey opportunity for investors or owner-occupants alike. The current tenants are willing to provide vacant possession with sufficient notice if desired. Whether you're a first-time home buyer looking for an affordable entry into the market or an investor seeking a solid addition to your portfolio, this property offers excellent value. Conveniently located just one block from the Labatt Brewery and situated in the desirable section of SOHO, you'll enjoy easy access to downtown amenities, transit, and major employers.
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $514 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 174 Clarence St
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
< 700 sq ftas stated on the listing
Parking
1 space
Basement
Unfinished, Crawl Space
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
Unfinished · Crawl Space
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
174 Clarence 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® X13555244$359,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 174 Clarence 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
$1,768
/mo
based on the purchase price of $359,900
$71,980 cash
$287,920 financed
$242,504 total interest
Principal54%$287,920
Interest46%$242,504
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 $360K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,453Homes for sale here right now.
Median vs prior 90 days−1.8%Compared with Apr 28 – Jul 27, 2026: prices down.
Based on 1,812 sales from Jul 27 – Oct 25, 2026 (1,465 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 174 Clarence St
How much is 174 Clarence St listed for?
174 Clarence St is listed at $359,900 (MLS® X13555244). Summitly updates the price as soon as the MLS® record changes.
Is $359,900 a good price for 174 Clarence St?
Summitly rates it Above Market: the asking price is 5% to 15% 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 174 Clarence St changed?
No — 174 Clarence St is still listed at its original asking price of $359,900.
How many bedrooms and bathrooms does 174 Clarence St have?
174 Clarence St has 2 bedrooms and 1 bathroom, with about 700 square feet of living space. It is a detached home in London.
How much would the monthly mortgage be on 174 Clarence St?
About $1,768 a month — principal and interest on $359,900 with 20% down ($71,980), 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 174 Clarence St compare with other homes in London?
Its asking price of $359,900 is about 36% below the median sold price in London over the last 90 days, $559,950, across 1,812 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 174 Clarence St been sold before?
Summitly has no earlier MLS® sale or lease of 174 Clarence St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 174 Clarence St?
174 Clarence St is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 174 Clarence St been on the market?
104 days — 174 Clarence St was listed on July 13, 2026.
What is the price per square foot of 174 Clarence St?
About $514 per square foot: the asking price of $359,900 over the 700 sq ft the listing gives.
Does 174 Clarence St have parking or a garage?
Yes — the listing gives 1 parking space.
Does 174 Clarence St have a basement, and is it finished?
The listing describes the basement as: Unfinished, Crawl Space.
