Welcome to 483 Clarke Road - a rare city property offering the ultimate combination of home, shop, and lifestyle. Whether you're a hobbyist, contractor, entrepreneur, or car enthusiast, the impressive 20x36 steel workshop with 19-foot ceilings, 10-foot door, automotive lift, and full electrical service is the kind of setup buyers wait for - all while still enjoying the convenience of city living.This beautifully maintained bungalow features a bright open-concept main floor with soaring vaulted ceilings, skylights, and rich hardwood flooring throughout. The modern kitchen and updated 3-piece bath offer a clean contemporary feel, while the fully finished lower level provides exceptional flexibility with a spacious den, additional bedroom area, office or storage space, and a second full 4-piece bath. All bedrooms feature floor-to-ceiling armoires for functional storage and style.Step outside and discover what truly sets this property apart. A secure enclosed carport with double-wide gates provides access to the incredible detached workshop and expansive rear yard. Beyond the shop, enjoy a private backyard retreat complete with perennial gardens, a brick fire pit, covered patio, additional shed storage, and a 20ft sea-can container - offering endless possibilities for work, storage, hobbies, or entertaining.A one-of-a-kind property delivering space, versatility, and opportunity without leaving the city. Recent updates include central air (2025), roof shingles (2022), and professionally painted exterior (2024).
2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $714 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 483 Clarke Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
< 700 sq ftas stated on the listing
Parking
12 spacesYes garage
Basement
Finished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
12
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
483 Clarke Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14110050$499,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 483 Clarke Rd 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
$2,456
/mo
based on the purchase price of $499,900
$99,980 cash
$399,920 financed
$336,838 total interest
Principal54%$399,920
Interest46%$336,838
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 $500K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,439Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 1,748 sales from Jul 25 – Oct 23, 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 483 Clarke Rd
How much is 483 Clarke Rd listed for?
483 Clarke Rd is listed at $499,900 (MLS® X14110050). Summitly updates the price as soon as the MLS® record changes.
Is $499,900 a good price for 483 Clarke Rd?
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 483 Clarke Rd changed?
No — 483 Clarke Rd is still listed at its original asking price of $499,900.
How many bedrooms and bathrooms does 483 Clarke Rd have?
483 Clarke Rd has 2 bedrooms and 2 bathrooms, with about 700 square feet of living space. It is a detached home in London.
How much would the monthly mortgage be on 483 Clarke Rd?
About $2,456 a month — principal and interest on $499,900 with 20% down ($99,980), 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 483 Clarke Rd compare with other homes in London?
Its asking price of $499,900 is about 11% below the median sold price in London over the last 90 days, $560,000, across 1,748 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 483 Clarke Rd been sold before?
Summitly has no earlier MLS® sale or lease of 483 Clarke Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 483 Clarke Rd?
483 Clarke Rd is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 483 Clarke Rd been on the market?
483 Clarke Rd was listed today (October 23, 2026).
What is the price per square foot of 483 Clarke Rd?
About $714 per square foot: the asking price of $499,900 over the 700 sq ft the listing gives.
Does 483 Clarke Rd have parking or a garage?
Yes — the listing gives 12 parking spaces. Garage: Yes.
Does 483 Clarke Rd have a basement, and is it finished?
