$525,000
Est. $2,460/mo mortgage
47 Boullee Street · London East, N5Y 1T5
MLS® X12887600
Listed Mar 16, 2026
Listing courtesy of Royal Lepage Triland Realty·Updated Sep 9
Description
Well-maintained community building located on Boullee Street, just north of Oxford Street, offering a rare opportunity with R1-5 zoning and legal non-conforming use as a meeting/banquet hall. Formerly home to Boy Scouts Canada and currently used by a Church, this versatile property is ideally suited for community groups, faith organizations, private gatherings, or adaptive reuse. The building features approximately 1,725 sq. ft. on the main floor, including a spacious meeting/banquet hall, two washrooms, and a fully equipped commercial kitchen complete with two stoves. The finished lower level provides an additional 750 sq. ft. of private gathering space, along with two storage rooms, a furnace room, pump room, and two stairwells for convenient access. Recent updates include storage shed, roof shingles and an air-conditioning unit. The site measures 63' x 124' and offers on-site parking for approximately 12-15 vehicles. Located in an affordable North-East neighbourhood close to schools, parks, shopping, and public transit, the property also presents potential for other uses or development.
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Property details
Interior
- Size
- 1500-2000 sqft
- Rooms
- 3 rooms
- Bathrooms
- 2 × 2-piece on Basement
- Basement
- Finished
- Heating
- Forced Air
- Cooling
- Central Air
Building & lot
- Type
- Detached, Bungalow
- Lot size
- 63 × 123.7 ft · < .50 acres
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water & sewer
- Sewer
Parking
- Driveway
- Available, Private (16 spaces)
- Parking
- 16 spaces
AI property estimate
Automated estimate from recent comparable sales, not a formal appraisal, and not a statement that this listing is priced incorrectly.
72% confidence · 40 sold homes within 2 km, by price per sq ft
Location & neighbourhood
DirectionsLondon East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly paymentest. $3,135/mo all in
Monthly payment estimate
Land transfer tax$6,975 on closing
Ontario LTT
$6,975
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed 2 times
Listed Mar 16, 2026
Listed Mar 16, 2026
Sold comparables nearby
Sold$317,500
1026 York Street, London East
Sold$325,000
75 Connaught Avenue, London East
See what these 6 homes sold for
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Market conditionsBuyer's market in Argyle
Homes here are selling below asking. Based on 6 sales in the last 90 days, at an average of 96.3% of asking.
Avg. sold price
$428,333
Sale-to-list ratio
96.3%
Based on 6 recent comparable sales near this home.
Affordabilityneeds $130,000 household income
Minimum household income required
$130,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
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Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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