1679 DALE Street
London East, N5V 1Y3·MLS® X13116300·
Listing courtesy of Maverick Real Estate INC.·Updated yesterday
Listing price
$549,000
Est. $2,615/mo
Days on market
Listed May 12, 2026
Description
Welcome to this spacious and versatile bungalow offering exceptional potential for growing families, multi-generational living, or investors seeking a strong income-generating opportunity. Thoughtfully designed with functionality and flexibility in mind, the home features bright and inviting living spaces with a seamless flow between the living room, dining area, and kitchen, creating the perfect setting for both everyday living and entertaining. The main level offers a spacious primary bedroom, an additional bedroom, and a full bathroom, while the finished lower level provides a large secondary living area, 2 additional bedrooms, and another full bath, making it ideal for extended family, guests, or additional living space. Step outside to enjoy the private backyard complete with an 8-foot privacy fence, natural gas BBQ hookup, and a large two-tier deck perfect for summer entertaining. Adding even more value is the impressive 20' x 40' fully insulated garage equipped with a new electrical panel and 220V plug, ideal for a workshop, hobby space, man cave, or secure winter parking. Additional updates include a newer driveway completed just 2 years ago. Conveniently located within walking distance to Fanshawe College, this property also presents excellent investment potential, with the ability to accommodate a 5-bedroom rental setup generating approximately $45,000 annually based on current market rents. Close to shopping, grocery stores, parks, playgrounds, schools, and easy highway access, this property combines space, versatility, and convenience in one outstanding package.
Property details
Garage
2 car Detached
Basement
Full, Finished
Parking
9 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Monthly payment estimate
Land transfer tax
Ontario LTT
$7,455
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Sold comparables nearby
Sold$572,000
1853 Royal Crescent, London East
Sold$495,000
1548 Dale Street, London East
See all 10 comparables
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Market conditions · East H
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$2,196
Rental yield
4.8%
Est. cash flow
-$1,377
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$134,006
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$527,040
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