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486 Hale Street

London East, N5W 1G4·MLS® X13167534·

Listing courtesy of Re/max Centre City Realty INC.·Updated 2 days ago

For sale
1 / 38
2Beds
2Baths
700-1,100Sqft
Year Built

Listing price

$435,000

Est. $2,072/mo

Days on market

21

Listed May 24, 2026

Description

Welcome to 486 Hale Street. This 2+1 bedroom, 2 bathroom brick bungalow awaits your personal touches. Ideal for first-time buyers, downsizers, investors, or those seeking easy one-floor living. Step inside where you'll find a foyer, a quaint bedroom, a galley-style bathroom, a second bedroom, and a spacious living room off the eat-in kitchen. The kitchen has been beautifully updated. Some areas of the home feature carpet over hardwood flooring. The partially finished basement includes a family room, a bedroom, a combined bathroom/laundry room, and a utility room. The home is equipped with a high-efficiency furnace and central air. A rear entrance off the basement provides separate access, offering the potential to convert the lower level into a rental opportunity. Additional features include an enclosed sun porch at the back of the property, a generously sized partially fenced yard, and a detached garage with an attached gazebo. The property requires TLC and is being sold "as-is, where-is" with no representations or warranties. Buyers are encouraged to complete their own inspections and due diligence regarding the property and its intended use. Whether you're looking to enter the housing market, downsize into a manageable home, or add to your investment portfolio, this property offers excellent value you don't want to miss.

Property details

Garage

1 car Detached

Basement

Separate Entrance, Partially Finished, Development Potential

Parking

4 spaces

Type

Detached — Bungalow

Heating

Forced Air

AI property estimate

$435,000At Market
$408,900$461,100

82% confidence · 4 comparable sales analysed

Location & neighbourhood

Argyle

London East, ON

Expansive east London district with parks and a wide range of affordable to mid-range housing.

Monthly payment estimate

Mortgage (5.24%, 25yr)$2,072
Property tax$471
Insurance (est.)$91
Utilities (est.)$250
Total monthly$2,884

Land transfer tax

Ontario LTT

$5,175

First-time rebate

$4,000

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

May 24, 2026Listed
$435,000

Sold comparables nearby

227 Ellsworth Avenue, London EastSold

$420,000

227 Ellsworth Avenue, London East

3 bd·2 ba·700-1,100 sqft
20 Coventry Avenue, London EastSold

$445,000

20 Coventry Avenue, London East

3 bd·1 ba·700-1,100 sqft

See all 10 comparables

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Market conditions · East N

Buyer's marketBalancedSeller's market

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

$1,740

Rental yield

4.8%

Est. cash flow

-$1,144

Cap rate

3.2%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$108,152

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$435,000

At Market

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