945 Colborne Street
London East, N6A 4A5·MLS® X13174852·
Listing courtesy of Re/max Advantage Realty LTD.·Updated May 26
Listing price
$517,000
Est. $2,462/mo
Days on market
Listed May 26, 2026
Description
Attention First-Time Buyers! Welcome to this charming cottage-style bungalow nestled in the heart of sought-after Old North. Ideally located just minutes from Western University, St. Joseph's Hospital, and an easy walk to the shops, dining, and vibrant atmosphere of Richmond Row, this home offers the perfect blend of comfort and convenience. This inviting two-bedroom, one-bathroom home sits on a deep lot backing onto a peaceful schoolyard - providing privacy and plenty of space for gardening, entertaining, or simply relaxing in your own backyard retreat. Inside, you'll find thoughtful updates throughout, including a beautifully renovated kitchen complete with a gas line for the stove, waterline for the fridge, and sliding patio doors leading directly to the backyard - perfect for seamless indoor-outdoor living and summer BBQs. The bathroom features a luxurious heated floor for added comfort. Additional upgrades include a finished rec room/home theatre (2019), shingles (2016), spray foam insulation in the basement (2017), and a furnace with owned water heater (2010). With its superb location, tasteful updates, and cozy charm, this Old North gem is a must-see. Some photos have been virtually staged.
Property details
Basement
Partially Finished
Parking
4 spaces
Type
Detached — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London East, ON
Small historic neighbourhood along the Thames River west of downtown with heritage homes.
Monthly payment estimate
Land transfer tax
Ontario LTT
$6,815
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$643,000
996 Waterloo Street, London East
See all 10 comparables
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Market conditions · East B
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
$2,068
Rental yield
4.8%
Est. cash flow
-$1,312
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$126,766
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$506,660
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