494 Highbury Avenue
London East, N5W 4K4·MLS® X13157626·
Listing courtesy of Thrive Realty Group INC.·Updated May 21
Listing price
$439,000
Est. $2,091/mo
Days on market
Listed May 21, 2026
Description
Solid brick bungalow with two bedrooms and updated kitchen. Large backyard and a single car detached garage! Conveniently located near bus routes, schools and shopping, this home is a great investment or perfect for right-sizers and first time buyers. Offered tenanted and with a quick close available. A nice addition to your portfolio!
Property details
Garage
1 car Detached
Basement
Full, Partially Finished
Parking
4 spaces
Type
Detached — Bungalow
Heating
Other
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
$5,255
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
$1,756
Rental yield
4.8%
Est. cash flow
-$1,151
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$109,028
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$421,440
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