55 Linwood Street
London East, N5Y 1W1·MLS® X13149160·
Listing courtesy of Century 21 First Canadian Corp·Updated May 20
Listing price
$399,000
Est. $1,900/mo
Days on market
Listed May 20, 2026
Description
Welcome to 55 Linwood Street, a cozy and unique bungalow thats full of charm and potential. Currently a one-bedroom, one-bathroom home, it can easily be converted back into a two-bedroom layout to suit your needs. Everything is on one level, making it convenient and accessible for all lifestyles. Recent updates include a durable metal roof built to last for decades, an 8-year-old furnace and central air conditioning system, and energy-efficient double-pane vinyl windows, electrical panel giving you peace of mind and long-term savings. The property also features well-maintained front and back yards, with the backyard offering a true garden paradise complete with a variety of plants, a small greenhouse, and a garden shed. Cute as a button and move-in ready, this home is ideal for first-time buyers, downsizers, or anyone looking for a peaceful retreat with room to grow. Situated in a well-connected neighborhood close to schools, shopping, transit, and all amenities, this property is an affordable opportunity you wont want to miss.
Property details
Basement
Partially Finished
Parking
2 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
$4,460
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$435,000
26 Apeldoorn Crescent, London East
Sold$359,900
76 Mcnay Street, London East
See all 10 comparables
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Market conditions · East C
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
$1,596
Rental yield
4.8%
Est. cash flow
-$1,070
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$99,959
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$383,040
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