98 Cartwright Street
London East, N6B 2W7·MLS® X13193440·
Listing courtesy of Royal Lepage Triland Realty·Updated May 27
Listing price
$525,000
Est. $2,500/mo
Days on market
Listed May 27, 2026
Description
Amazing duplex located in desirable Woodfield District. This property offers a fantastic opportunity for investors seeking rental income from both units or for homeowners looking to live in one unit while renting out the other. The main unit features three bedrooms and one bathroom along with a charming covered front porch facing west - perfect for enjoying evening sunsets. At the rear, you'll find an enclosed sunroom that provides additional living space and year round enjoyment. The unit is freshly painted. The lower level unit includes two spacious bedrooms and an open-concept layout with a living and dining area complemented by newly installed kitchen cabinets, new flooring in kitchen, living room and dining room as well as freshly painted. The property also features a detached garage currently used for storage as well as a large backyard offering plenty of outdoor space. With its prime location near parks, schools and main bus routes, this property has tremendous potential.
Property details
Garage
1 car Detached
Basement
Apartment, Separate Entrance
Parking
3 spaces
Type
Duplex — Bungalow
Heating
Forced Air
AI property estimate
82% confidence · 4 comparable sales analysed
Location & neighbourhood
London East, ON
Heritage neighbourhood with Victorian-era homes on tree-canopied streets near downtown.
Monthly payment estimate
Land transfer tax
Ontario LTT
$6,975
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$449,900
10 LINWOOD Street, London East
Sold$498,500
636 Queens Avenue, London East
See all 10 comparables
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Market conditions · East F
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
$2,100
Rental yield
4.8%
Est. cash flow
-$1,328
Cap rate
3.3%
Best time to sell
Affordability
Minimum household income required
$128,557
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$525,000
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