Investor opportunity in woodfield! This impressive property offers over 3,200 sq. ft. of living space and is currently configured as a duplex with 7 bedrooms, providing a unique opportunity for investors looking for a property with size, parking, and income potential in one of London's established neighbourhoods. Located in Woodfield, just steps from Old East Village. The property is separately metered, adding to its appeal for investors. An additional feature that sets this opportunity apart is the vacant City-owned lot directly next door, offering investors an interesting opportunity to explore the potential of the surrounding property and area, subject to all applicable approvals and due diligence. With its existing duplex configuration, 7 bedrooms, substantial square footage, separate metering and excellent parking, this property offers plenty of flexibility for an investor seeking a larger asset in a well-established London location. IMPORTANT: The property cannot be shown prior to an Agreement of Purchase being accepted. There will be no public showings. Buyers are encouraged to conduct their due diligence and review the property and applicable information following an accepted Agreement.
7 bedrooms, 3 bathrooms, about 3,000 sq ft, works out to roughly $172 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 575 Queens Ave
Every detail from the listing, in one place.
Type
Detached
Style
2 1/2 Storey
Living space
3000-3500 sq ftas stated on the listing
Lot size
113 x 430.112 sq ft
Parking
8 spacesYes garage
Basement
Unfinished, Partial Basement
Features & systems
Parking & garage
Garage
Yes
Parking spaces
8
Interior
Basement
Unfinished · Partial Basement
Lot & land
Lot dimensions
113 x 43
Lot size (sqft)
0.112
Lot features
Irregular Lot
Listing & possession
Property style
2 1/2 Storey
Property class
Detached
575 Queens Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13741942$515,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 575 Queens Ave 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
$2,530
/mo
based on the purchase price of $515,000
$103,000 cash
$412,000 financed
$347,012 total interest
Principal54%$412,000
Interest46%$347,012
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 6-bed homes for sale in London around $515K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,483Homes 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 575 Queens Ave
How much is 575 Queens Ave listed for?
575 Queens Ave is listed at $515,000 (MLS® X13741942). Summitly updates the price as soon as the MLS® record changes.
Is $515,000 a good price for 575 Queens Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more 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 575 Queens Ave changed?
No — 575 Queens Ave is still listed at its original asking price of $515,000.
How many bedrooms and bathrooms does 575 Queens Ave have?
575 Queens Ave has 7 bedrooms and 3 bathrooms, with about 3,000–3,500 square feet of living space. It is a detached home in London.
How much would the monthly mortgage be on 575 Queens Ave?
About $2,530 a month — principal and interest on $515,000 with 20% down ($103,000), 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 575 Queens Ave compare with other homes in London?
Its asking price of $515,000 is about 8% 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 575 Queens Ave been sold before?
Summitly has no earlier MLS® sale or lease of 575 Queens Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 575 Queens Ave?
575 Queens Ave is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 575 Queens Ave been on the market?
49 days — 575 Queens Ave was listed on September 3, 2026.
What is the price per square foot of 575 Queens Ave?
About $147 to $172 per square foot: the asking price of $515,000 over the 3,000–3,500 sq ft the listing gives as its size range.
Does 575 Queens Ave have parking or a garage?
Yes — the listing gives 8 parking spaces. Garage: Yes.
Does 575 Queens Ave have a basement, and is it finished?
The listing describes the basement as: Unfinished, Partial Basement.