31 Eastman Avenue
London East, N5W 2M3·MLS® X13128000·
Listing courtesy of Blue Forest Realty INC.·Updated May 27
Listing price
$460,000
Est. $2,191/mo
Days on market
Listed May 14, 2026
Description
Beautifully maintained 2-bedroom, 1-bath home nestled on a quiet street, offering warmth, character, and many thoughtful updates throughout. The bright main level features , two comfortable bedrooms, a spacious living room filled with natural light, and a large dining room perfect for family dinners and entertaining. The charming kitchen offers an efficient and inviting space with new appliances and great functionality. New washer and dryer in lower laundry. The spacious lower-level family room(presently used as a bedroom) was newly completed in 2026 with stylish new flooring, creating the perfect additional living area for relaxing, movie nights, or entertaining guests. Step outside to enjoy the huge fully landscaped and fenced backyard, complete with a patio area and pergola, ideal for summer gatherings or quiet evenings outdoors. A detached garage adds extra convenience and storage. Additional updates include a new roof (2022), all hardwood floors refinished, majority of windows updated, and exterior sewer improvements, making this move-in-ready home a wonderful opportunity for first-time buyers, down-sizers, or investors alike. Close to schools and amenities.
Property details
Garage
1 car Detached
Basement
Partially Finished
Parking
5 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly payment estimate
Land transfer tax
Ontario LTT
$5,675
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$420,000
227 Ellsworth Avenue, London East
Sold$445,000
20 Coventry Avenue, London East
See all 10 comparables
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Market conditions · East N
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
$1,840
Rental yield
4.8%
Est. cash flow
-$1,195
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$113,820
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$437,000
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