Charming Downtown London Residence with Bonus Potential Income for Business or Commercial This stunning 2.75 storey character home in the heart of downtown London truly has space, charm, and income potential. From the moment you step through the beautiful double doors, you are welcomed into a grand foyer featuring a gorgeous wooden staircase and timeless architectural detail throughout. The large front living room is bathed in natural light from the bay window and centered around a cozy fireplace. It's seamlessly connected to a formal dining room, ideal for entertaining. The spacious kitchen boasts abundant cabinetry, a breakfast bar, and a bright casual dining area with courtyard access via the nearby mudroom. Upstairs, you'll find a massive primary bedroom, double closets, and plenty of room for a sitting area and a full ensuite. Three additional large bedrooms are located on the upper floors, with convenient second-floor laundry hookups already in place. The basement offers a separate entrance with kitchen and bathroom. Outside offers a double car garage. A unique highlight of this property is the rear and upper commercial office space with a separate entrance perfect for a home-based business or professional practice. The home could also be easily converted back to a multi-generational family home. A perfect combination of luxury living and smart investment. Don't miss this rare opportunity to own a one-of-a-kind home in one of London's most desirable locations! Tremendous walk score
For sale
C$874,900
554 Waterloo St, London, ON N6B 2P9
5beds
6baths
Single Family Residence
Built in ----
0.15 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Grand foyerGorgeous wooden staircaseTimeless architectural detailBay windowCozy fireplaceFormal dining roomSpacious kitchen
- 69 days
- on Zillow |
- 88 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: 13 hours ago
Listed by:
SUTTON GROUP PREFERRED REALTY INC.
Source: TRREB,MLS®#: X12178530
Originating MLS®#: London and St. Thomas Association of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
Primary bedroom
- Level: Second
- Dimensions: 7.27 x 5
Bedroom
- Level: Third
- Dimensions: 5.98 x 3.34
Bedroom
- Level: Third
- Dimensions: 4.36 x 4.08
Bedroom
- Level: Second
- Dimensions: 4.34 x 3.62
Bedroom
- Level: Second
- Dimensions: 2.43 x 0.95
Bathroom
- Level: Basement
- Dimensions: 1.52 x 1.57
Bathroom
- Level: Second
- Dimensions: 3.27 x 3.1
Bathroom
- Level: Second
- Dimensions: 3.2 x 2.92
Bathroom
- Level: Third
- Dimensions: 3.42 x 1.7
Dining room
- Level: Main
- Dimensions: 6.45 x 3.91
Foyer
- Level: Main
- Dimensions: 4.28 x 4.68
Kitchen
- Level: Basement
- Dimensions: 3.85 x 3.48
Kitchen
- Level: Main
- Dimensions: 5.93 x 2.84
Living room
- Level: Main
- Dimensions: 4.91 x 4.91
Office
- Level: Second
- Dimensions: 4.84 x 2.61
Other
- Level: Main
- Dimensions: 3.65 x 3.32
Other
- Level: Second
- Dimensions: 6.66 x 4.44
Heating
- Forced Air, Gas
Cooling
- Central Air
Features
- Guest Accommodations, In-Law Capability
- Basement: Partially Finished,Separate Entrance
- Fireplace features: Other
Interior area
- Living area range: 5000 + null
Property
Parking
- Total spaces: 8
- Parking features: Garage
- Has garage: Yes
Features
- Stories: 2.5
- Pool features: None
Lot
- Size: 0.15 Square Feet
- Features: Public Transit, Rectangular Lot
- Topography: Flat
Details
- Parcel number: 082700089
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Stone, Brick, Concrete
- Roof: Slate,Tar/Gravel
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: London
Financial & listing details
- Annual tax amount: C$21,211
- Date on market: 5/28/2025
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